Corporate Greed
Sensing its popularity, Obama’s former Supreme Court lawyer and a Louisiana Democrat are using an obscure corporate taxation case to try to make a federal wealth tax illegal before it even exists. The former Supreme Court lawyer for the Barack Obama administration and a Democratic senator-turned-lobbyist are pressuring justices to block Congress from ever instituting
Capitalism
A new congressional report commissioned by Bernie Sanders finds that the 1 percent now own one-third of all wealth, while the bottom half of Americans hold only 2 percent. It’s another sign of the slide into oligarchy that Sanders has warned about for years. Last summer, Bernie Sanders’s YouTube channel released a short clip entitled simply “Oligarchy
Capitalism
The US military has a long history of recruiting poor people by offering benefits like free college. With Joe Biden’s partial student debt forgiveness, GOP war hawks are fretting that the military won’t be able to prey on desperate young Americans anymore. Amid a brutal year for military recruiting, conservative war hawks are openly fretting
Inequality
The Vermont senator rose from the political margins to become hugely influential within the American left. As he prepares to speak at a London rally, he explains why unions on both sides of the Atlantic must reassert their power Both are unlikely political sensations who were long consigned to the fringes: Bernie Sanders, an octogenarian
Capitalism
Social capital—the strength of an individual’s social network and community—has been identified as a potential determinant of outcomes ranging from education to health1,2,3,4,5,6,7,8. However, efforts to understand what types of social capital matter for these outcomes have been hindered by a lack of social network data. Here, in the first of a pair of papers9,
Capitalism
Researchers built an AI that gives out money based on who started with less resources—and humans preferred it. It’s no secret that the overwhelming majority of wealth in the United States is concentrated at the very top, creating staggering levels of poverty and inequality that vastly outpace other supposedly “wealthy” nations. But while the current political system ensures