Joseph Palermo: The deeper pattern here points to the unchecked and malevolent corporate forces that have used their political power to get away with destroying labor unions, chopping up the social safety net, bilking consumers on health care, education, housing, and other essentials, and destroying the environment.
Bill Raden: Top executive pay has ballooned by 997% over the past 36 years. Since 2010, the average pay ratio of CEOs to median worker pay has ranged between 354-to-1 to 204-to-1, with Discovery Communications CEO David M. Zaslav topping the charts with a pay ratio of 1,951-to-1. Exorbitant CEO Salaries
Rosemary Jenkins: All of a sudden, we received a notice in the mail that my husband’s policy would be cancelled once he reached the age of 84 even though we were always on time with our payments and had paid on it for years.
Richard Eskow: Americans work more hours than citizens of any Western European country, a burden that keeps them away from their families, friends, and personal activities.
Robert Burrowes: Individuals who engage in dysfunctional behaviours, ranging from accumulating excess wealth to inflicting violence, do so because they are very frightened that one or more of their vital needs will not be met.
Ellen Brown: “Print the money” has been called crazy talk, but it may be the only sane solution to a $19 trillion federal debt that has doubled in the last 10 years. The solution of Abraham Lincoln and the American colonists can still work today.
Mark Dempsey: Yet we’re only short of money when it comes to climate remedies, funding schools, or grandma’s pension. But government just spent trillions for banks and Middle East wars without a peep from the Fiscally Responsible people.
Robert Borosage: The record 74 months of private sector jobs growth has only begun to make labor scarce enough to give workers bargaining power to lift wages.
Ellen Brown: Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead.
Walter Moss: In a fitting irony for our mixed-up, topsy-turvey political season, the Jewish Bernie Sanders praises the Catholic papal positions on capitalism, while the Republican Speaker of the House, the Catholic Paul Ryan, is much more influenced by the free-market philosophy of Friedman and Hayek. Bernie Sanders Moral Economy
Richard Eskow: The simple fact remains: Even if our too-big-to-fail institutions each gave us a credible-sounding “living will,” we could never be sure it would actually be implemented successfully during a real crisis. Break Up Big Banks
Robert Reich: Given the gargantuan size of the financial market and the huge volume of trading occurring within it every day, this tiny tax would generate lots of revenue.
Michael Hertz: The SSA can make more money on its assets, while at the same time lending out money at lower rates than do the credit card companies.