It is inevitable that under a Biden Administration these tactics will get more and more aggressive. The time to start fighting back is right now…
CEO Compensation Increased 940% Between 1978 and 2018, Workers’ Only by 12%…
An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality–worker pay could have doubled without the rise in CEO income…The compensation of CEOs at US corporations has grown by nearly a factor of ten since 1978. This is according to a study recently released by […]
RESEARCH: Basically Every Problem in the U.S. Economy Is Because Companies Have Too Much Power…
Competition is good. This might be the most basic tenet of economics. In a healthy economy, when one company is selling a product for well above what it costs to produce, other companies jump in that market to compete with them, reducing the resulting markup on goods. This is good for consumers and workers alike…
The Reason the Fed is Raising Rates, and Why It Won’t Work by Mike Whitney…
Why is the Fed creating incentives for US corporations to destroy themselves? Why is the Fed pushing insurance companies and retirement funds into bankruptcy? Why is the Fed raising interest rates when inflation is still well below its 2 percent target? Things are not always what they seem. In theory…