archive

The rich have way too much money

Sutirtha Bagchi (Michigan) and Jan Svejnar (Columbia): Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty. From the Journal of Economic Perspectives, a symposium in the Top 1 Percent. Dave Johnson on 5 signs the rich have way too much money. Bill Humphrey on the problem with billionaires: A different case for higher U.S. taxes on the ultra-rich. Scott McLemee reviews Rich People’s Movements: Grassroots Campaigns to Untax the One Percent by Isaac William Martin. Carlos Lozada on the deal with rich people. Noreen Malone on what tech wealth has done to real estate in San Francisco. Is billionaire guilt a trend? Rick Ungar wants to know. Blame rich, overeducated elites as our society frays. Don Fitz goes inside the psyche of the 1%: Many actually believe their ideology of greed makes for a better world. Sorry, folks, rich people actually don't “create the jobs”. Plutocrats at work: Joanne Barkan on how Big Philanthropy undermines democracy. From New Left Project, Jason Hickel on the madness of capital. “Ryan loves the poor the way fundamentalist Christians love gays”: The Washington Post has an article on Paul Ryan's efforts to rebrand himself as an anti-poverty crusader that lands way up there on the unintentional comedy scale (and more). Michelle Goldberg on the GOP’s poverty denialism: According to many conservatives, the poor have it easy. Claude S. Fischer on why poverty breeds more poverty. Mark R. Eank on how poverty in America is mainstream.