Lawrence Wittner: Although changes in public policy could close the widening pension gap, such changes do not seem likely to occur while a zealously pro-corporate party controls the White House, Congress, and the courts.
Steve Hochstadt: Researchers on the economics of happiness have recently concluded that more money leads to more happiness only up to an income of about $75,000 per year. After that, increases in income seem to make little difference in daily happiness.
Charles Hayes: The whole American economic system has come to depend upon a foundation of indentured slave-wage workers for a wide variety of goods and services absolutely necessary for the success of those considered the upper class.
Charles Hayes: At its best, capitalism dramatically improves lives; at its worst, unchecked greed ravages the environment, oppresses individuals, and destroys culture. Capitalism is analogous to radiation. Used carefully, it can produce miraculous results, while overuse kills.
RJ Eskow: The “plantation” isn’t the only analogy for Sterling’s mindset. His attitude toward the players also resembles that of baronial landlords toward tenant farmers, or mine owners toward miners who were paid in “credits” for the company store.
Jim Hightower: Perhaps you didn’t know, but the average household income for the 1 percent as a whole is a mere $1.26 million a year.
Broken Economic System — Disrespect comes as a moral tax; we Americans pay it over time with compound interest that manifests as contempt.
I will always fight for leveling the playing field, because I came from the 99 percent. I’m not in the one percent, but I have deep pockets and I know where I came from and I will fight for the 99 percent the rest of my life.
Antony Samad: The book is an examination of American Institutions (Race, Religion, Education and Politics) and the cultural shifts taking place in our society (national identity, racism, sport, social stigmatism, sex, redemption, counter-culturalism, popular acceptance and tragedy)
Richard “RJ” Eskow: Our health care system — guess we’ll need to call it that for lack of an alternative — is the worst in the developed world. It costs far more, provides much less, and has worse outcomes than any system that’s even remotely comparable.
Charles D. Hayes: A plethora of new books suggest America has entered a state of rapid decline. Here are three worth considering.
Richard “RJ” Eskow: Roughly two-thirds of Americans who make $10,000 per year or less are women. The gender balance only reaches 50/50 status as it approaches the income levels we commonly think of as ‘middle class.’
Tom Hall: Third parties offer, once every four years, the pretense that their presidential candidates, with no supporting body of local, state or Congressional allies, will make major changes in “the system”. This is balderdash.