Capitalism

Extreme Wealth Concentration Has Turned America Into an Oligarchy

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

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School Privatizers Are Leaning Hard Into the Culture Wars

A billionaire-backed network of free-market fundamentalists is ginning up controversy over “wokeness” in American schools with an ulterior motive: to demolish public education. In a Massachusetts school district neighboring the one where I work, four parents, backed by a conservative Christian organization, are suing the school committee and multiple district employees for calling students by their preferred