Opinion

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Close to half of all Americans live near poverty

Tens of millions of families are working regularly but have little savings and are on the brink of disaster.

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"The Sprit Level" and the dynamics between economic and social conditions

A study of dozens of surveys regarding wealth and, the things we associate with the quality of life, seems to come to the surprising conclusion.

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‘Tis the season to be jolly on Wall Street

Financial industry insiders are grousing about a big downturn in annual bonuses. They should be thanking about the rest of us.

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Putting the Occupy movement in historical perspective

 

Indeed there is civil unrest! Workers cry out for justice, as workloads grow and wages stagnate while owners' profits soar, as jobs are sent overseas.

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Racism: pollutant that serves GOP, Wall St interests

Racism is the most persistent and pernicious form of division in our country. It creates a fault line in the labor and people's struggles that, if not overcome, irredeemably weakens them.

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Global super-rich stash: Now $25 trillion

Banks can go either of two routes: They can squeeze the 99 percent with nuisance fees and penalties, or they can cater to the richest of the rich.

Racial wealth gap grows to record highs

Wealth gaps have always been much greater than income gaps, but the changes have never seen the magnitude in the past few years.

A modest essay on extraordinary paychecks

Every fourteen minutes in 2009, hedge fund manager David Tepper made President Obama's annual salary.

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Germans take note of wealth gap in America

The days when Europeans believed that in America the streets are paved with gold are long over.

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