Capitalism
Thanks to social democratic policies, the bottom 60 percent of Danes are better off than the bottom 60 percent of Americans. Even middle-class Danes benefit from a strong welfare state. The only group that doesn’t? The rich. Comparing incomes across countries poses certain difficulties: incomes are paid in different currencies, products have different prices, tax
Capitalism
Inequality has remained persistently high for decades, and a new report shows just how stark the divide is between the richest and poorest people on the planet. Insider reports:The 2022 World Inequality Report, a huge undertaking coordinated by economic and inequality experts Lucas Chancel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, was the product of four years
Capitalism
The South of slavery and Jim Crow is often cast as the major historical reason for the US’s stunted welfare state. But the most fanatical resistance to taxation and redistribution came from the Northern ruling class. To understand our current politics of austerity, we are better served to explore not the defeated ideology of slaveholders
Capitalism
America’s real democracy crisis is this: corporations use a system of legalized bribery to buy public policy, which prevents popular progressive policies from passing and erodes Americans’ faith in their government. In 2014, Northwestern and Princeton researchers published a report statistically documenting how lawmakers do not listen or care about what most voters want, and
Equality
In Finland, 70 percent of preschool children attend a full day care service supported by the government. There’s absolutely no reason why countries like the United States can’t do the same. The autumn is a colorful time in Finland. The trees turn yellow and then red before the leaves fall. Neon pinks and yellows also