“Vulture investors have descended on the commonwealth, taking advantage of a debt crisis that has impoverished citizens and created massive unemployment,” David Dayen explains in a piece for the Winter 2016 issue of The American Prospect.
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Trickle down doesn’t: New study finds that income inequality makes the wealthy less generous
Bloomberg reports: “If Charles Dickens’s Victorian London had more income equality, Ebenezer Scrooge wouldn’t have been such a miser. That’s the implication of new research that suggests inequality makes wealthy people less generous. The study published today in the Proceedings of the National Academy of Sciences is the first to probe how inequality influences altruism.”
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Watch Pope Francis’ historic address to a joint session of Congress
This morning, Pope Francis became the first leader of the Roman Catholic Church to address a joint session of the United States Congress. In his beautifully framed speech, firmly rooted in humanity’s universal progressive values, he urged Congress to act to address income inequality, the climate crisis, and immigration. He also called for the abolition of the death penalty.
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Margaret Carlson: Republicans will tune out half of what Pope says
While it seems almost everyone is in thrall to the visiting pontiff, many in the Republican base dislike much of what he has to say:
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Jeb Bush’s economic platform “is pure supply-side voodoo”
Mr. Bush, in particular, may pose as a reasonable, thoughtful type — credulous reporters even describe him as a policy wonk — but his actual
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Watch President Obama’s Labor Day address
The President spoke at the annual Labor Day Breakfast, a prominent gathering of union organizers and labor leaders in Boston, Massachusetts.
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Union-owned Amalgamated Bank boosts Democratic and progressive campaigns
Union-owned Amalgamated Bank boosts Democratic and progressive campaigns The New York Times profiles the labor-owned Amalgamated Bank, ninety-two years old and still going. Amalgamated has
LaunchMajor business group stops fundraising for Republicans due to Ex-Im Bank charter expiration
Major business group stops fundraising for Republicans due to Ex-Im Bank charter expiration Republicans are starting to suffer some political repercussions from the business community
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Hillary Clinton hits Jeb Bush first, and hard, in speech on race
People can’t rise if they can’t afford healthcare… They can’t rise if the minimum wage is too low to live on… They can’t rise if
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In big move, Accenture will get rid of annual performance reviews and rankings
All this terminology of rankings—forcing rankings along some distribution curve or whatever—we’re done with that. We’re going to evaluate you in your role, not vis
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The three biggest right wing lies about poverty
The three biggest right wing lies about poverty Robert Reich effectively debunks three lies peddled by right wing elected officials and think tank operatives about
LaunchGood code: Not just an end, but the means to an end
People don’t really want software – they want a solution to their problem. — Community organizer, entrepreneur, and software engineer Nathan Woodhull, speaking as part
LaunchThree models for progressive companies to think about how to price products and services
There’s three ways to think about pricing: cost-based, value-based, means-based. — Julie Menter, one of six people participating in How Nonprofits and B-corps are Using
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Pope Francis: “Human beings and nature must not be at the service of money”
Human beings and nature must not be at the service of money… Let us say no to an economy of exclusion and inequality, where money
LaunchGawker Media employees vote to unionize, and the bosses approve
Gawker Media employees vote to unionize, and the bosses approve Employees at digital publishing outfit Gawker Media have voted to unionize, with eighty of one
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JPMorgan’s Jamie Dimon is fed up with you ‘lazy’ investors voting against him
JPMorgan’s Jamie Dimon is fed up with you ‘lazy’ investors voting against him “You might think that the chairman and CEO of a major bank that had
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Los Angeles City Council approves minimum wage increase to $15 by 2020
Los Angeles City Council approves minimum wage increase to $15 by 2020 America’s second largest city has just joined Seattle and other cities in raising
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Why Elizabeth Warren makes Wall Street tremble
It would be foolish for financial institutions to get into a head-to-head with Senator Warren… It’s exactly what she wants, and it’s a debate you
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Activist registers CarlyFiorina.org, posts thirty-thousand frowny faces to represent workers she laid off while at HP
Activist registers CarlyFiorina.org, posts thirty-thousand frowny faces to represent workers she laid off Now this is brilliant: An unnamed activist managed to get his or
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About that “anti-capitalist” march
The “anti-capitalists” won’t take their message to the places the economic elite actually live in comfort. The workers they claim to stand for will have
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Matt Stoller: America’s old social contract unraveled with onset of Great Recession
The following is a tweetstorm (set of tweets) posted last night by writer and activist Matt Stoller that we found compelling. It has eight parts:
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