Trinket magnate Jeff Bezos, America’s richest man, has made a very public charity donation of a $2 billion. The number sounds big, doesn’t it? In fact, it is a disgrace. Let us demonstrate:
Due in large part to a centuries-long system of slavery, racial terrorism, and institutionalized discrimination, the average black household in America has less than a dime for every dollar a white household has. But guess who is more generous when it comes to charity donations?
The Department of Labor announced its latest employment figures today: More jobs were added and unemployment is lower, but wages only increased by 0.2%, or a 2.7% increase over last year. That’s lower than the 3.5% wage growth economists say should be expected from such strong growth, according to NPR. CNBC described…
While our national economic discussion centers largely around slogans about WINNING and, on the other side, timid technocratic pablum, it is useful to keep in mind this fact: multinational corporations are robbing the entire world blind.
Here is who ultimately wields power in our political system: Rich people. And here is what they care about above all else: Tax cuts. Politics is an investment that pays off. The proof is in the numbers.
Last month, twelve Democratic senators signed a letter from the office of Sen. Bernie Sanders to Secretary of State Mike Pompeo, asking the Trump administration “to do more to alleviate the ongoing humanitarian crisis in the Gaza Strip.” The letter was sent following a series of protests by Gazans that were met with…
If you can’t work up any outrage at being ripped off by the richest man in America, how do you ever expect to win anything?
The next time you go shopping in the big orange hardware store, take a moment to consider what these employees have to say about what life is really like working for Home Depot.
Barack Obama: decent president. Crap post-president. You can’t have it all, I guess.
Ken Langone, the multibillionaire founder* of Home Depot, is back in the news for writing a book gracefully titled I Love Capitalism. Even Peggy Noonan likes it! But it would be interesting to know how well Home Depot’s hundreds of thousands of employees feel Langone’s brand of capitalism is serving their needs.
Scott Pruitt is crooked. This is inarguable, or at least it would be if so many people weren’t professionally or ideologically obligated to argue the point. The facts are damning: In addition to his scandals involving the spending of public funds on his lavish jetsetting and excessive security requirements, and his…
Tesla CEO Elon Musk, a billionaire, just received an unprecedented incentive-laden pay package that could earn him tens of billions of dollars. But his employees also get something: Exhortations to work faster!
Spring is near. Palm Beach is alive. What better time to review our monthly issue of QUEST, the magazine devoted to Society with a capital S. Hop aboard, with the aid of your servants!
Starting this year, America’s public companies are required to tell you how much the CEO earns as compared to the median worker. The distress surrounding this disclosure of basic facts is odd. After all, we’re all valuable team members in this company, right?
Treasury Secretary Steve Mnuchin, the guy who recently was upset that university students had heckled him, thinks it’s hilarious that Donald Trump likes to bully journalists and women lawmakers.
Davos is the absence of class consciousness in public life.
The CEO of the world’s largest money manager has decided—to much fanfare—to tell corporate America that they must “serve a social purpose” and make a “positive contribution to society.” The spectacular delusion and hypocrisy that enable such a statement to be made is something worth examining for its sheer shock…
The New York Times, the grandest of the grand old media companies, has a new publisher: He’s a Sulzberger, same as the old publisher. This is bad. All dynasties are repugnant. It doesn’t matter if you think they’re nice or not.