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Tag: inequality

Requiem for the American Dream | Documentary

If you haven’t yet watched it, I highly recommend the documentary “Requiem for the American Dream” starring Noam Chomsky. The soft-spoken, kindly Chomsky explains the hard truths of inequality. In a nutshell, wealth and power do not play nice with democracy…

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The Milton Friedman Doctrine Is Wrong. Here’s How to Rethink the Corporation. | Evonomics

We all wonder about the overcompensation of Chief Executive Officers. Find out how the explosion of CEO pay happened and why today’s CEOs quickly acquire wealth, virtually risk-free, as shareholders. Unfortunately, for the rest of us, the corporate shareholder model tanks the economy and exacerbates inequality. Here Susan Holmberg and Mark Schmitt advance the much more brilliant corporate stakeholder model…

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Concentrated Power Drives Extreme Income Inequality and Slows Economic Growth (Evonomics)

Jordan Brennan explains the most likely reason the economy has tanked. “In a study recently published with the Levy Economics Institute, I explore the power underpinnings of American income inequality over the past century. The key finding: corporate concentration exacerbates income inequality, while trade union power alleviates it.…”

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