The richest 1% now hold more of the nation’s wealth than any time in American history going back to the keeping of such statistics in 1913. The previous high was 1927.
Tag: new gilded age
Interesting take on the relationship between legacy admissions to colleges and tax policy in the New Gilded Age: Yet, curiously, the Internal Revenue Service does not treat alumni donations as transac
That McDonald’s. It’s such a sweet New Gilded Age corporation, helping its employees learn how to live on its minimum wage salaries. Here’s the sample budget journal: As Robyn Pennac
I had missed this story at the time, but you need to read Michael Grabell’s Sidney Award-winning article on temporary work in modern America. Essentially, there’s an entire temporary work economy that has sprung up under our noses, even more so than I thought. Employers are simply refusing to hire workers in traditional arrangements any […]
The mining industry has always loved violent labor intimidation, armed thugs, paramilitary operations against unions, and other fun parts of the Gilded Age we once thought we had left behind us. But w
In the aftermath of all the attention paid to corporations like McDonald’s trying to recreate the Gilded Age through debit card “paychecks” that force workers to pay to get their own
We think of the company store as a relic of the Gilded Age, of one-company towns dominating the lives of their workers. We left this behind with the New Deal, right? Well, we did leave it behind but like the rest of the Gilded Age, a new form of the company store is coming back […]
Rich Yeselson with a good overview of how the Supreme Court is likely to eviscerate card check for unions next year: The circuit court panel remanded back to the district court so that it “can consi
Jeebus. Jeff Olson, the 40-year-old man who is being prosecuted for scrawling anti-megabank messages on sidewalks in water-soluble chalk last year now faces a 13-year jail sentence. A judge has barred
As I talked about yesterday, there’s a 1-day strike today of non-unionized government contract workers who make low wages and who SEIU ultimately wants to organize. In ye olden days of the Gilded Age, the government would use federal troops to bust strikes. The Department of Homeland Security’s response to the strike? Serve as a […]
House Republicans are moving forward in their ultimate goal of entrenching poverty, passing a farm bill that slashes food stamps. Steve King talks of food stamps that “expand the dependency clas
Matt Yglesias had an odd response to my post yesterday calling for American corporations to be held to American labor standards no matter where in the world they site their plants or whether they subc