A new report offers a breathtaking estimate of how the rich have gotten richer: 74% of billionaire wealth was gained through socially useless activity.
A case currently before the Supreme Court could become another debilitating blow to what remains of the US labor movement.
According to Oxfam’s report, the 62 richest billionaires in the world own as much wealth as the poorer half of the planet’s population — 3.6 billion people
The rich have devised a number of massive loopholes to avoid paying taxes, with taxation of carried interest being one of the most blatant.
As inequality gradually worsened there have been attempts to redefine the middle class or deny its imminent destruction. But now there can be little doubt.
The wealthiest 20 people in the U.S. now own more wealth than half of the entire population in the United States, according to a new analysis.
A new report calculates that the retirement assets of just 100 CEOs add up to as much as the entire retirement account savings of 41% of American families.
A biography of former CIA Director Allen Dulles by one of the founders of Salon ties him to the rise of US corporate power and the agency’s worst misdeeds.
The Rev. Dr. Martin Luther King, Jr. has some advice for the global 1% who are feeling “maladjusted” and distant from humanity.
How much longer can America’s plutocracy be denied? A recent report by The New York Times reveals that 158 of the richest families are now providing a “financial check on demographic forces” that are moving the country in a more progressive direction by contributing nearly half of all early money