For all the talk about the rise of socialism, both as a term of endearment among the young, DSA, and now winning politicians such as Ocasio-Cortez, what is striking for a lot of historians on the left
The New Gilded Age sure looks a lot like the first Gilded Age. The first congresscritter to endorse Trump is on the board of a publicly traded company and he uses it to engage in insider trading? Perf
You don’t say! Some of the biggest winners from President Donald Trump’s new tax law are corporate executives who have reaped gains as their companies buy back a record amount of stock, a prac
The latest Economic Policy Institute report on the New Gilded Age is out and it is a go-to resource on income inequality. From the executive summary: In 2015, the top 1 percent of families in the U.S.
The unemployment rate is a pretty bad way to evaluate the state of the economy. In 2000, when the jobless rate last fell below 4%, corporate profits totaled 8.3% of national income. Wages & salari
I know I’m shocked that rich people are taking their tax cut and investing in their own stock portfolios. Six months after the Tax Cut and Jobs Act became law, there’s still little evidenc
Unemployment is low. People are talking about what a great economy this is. Is it? Because I sure don’t see it. What I see is the greatest level of inequality in a century. There’s money t
What could be more New Gilded Age than the return of the Pinkertons as the hired thugs of anti-union companies? Nothing more New Gilded Age is possible. Sarah Jones explains: Workers at the telecommun