Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
From Robert Reich
Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.
Standing up to bullies is the hallmark of a civilized society.
America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable.
It's true that redistributing income to the needy is politically easier in a growing economy than in a stagnant one.
Evidence suggests jobs are crucial not only to economic well-being but also to self-esteem.
Before the rise of the nation-state, between the eighteenth and twentieth centuries, the world was mostly tribal. Tribes were united by language, religion, blood, and belief. They feared other tribes and often warred against them.
Nations are becoming less relevant in a world where everyone and everything is interconnected. The connections that matter most are again becoming more personal.
The generosity of the super-rich is sometimes proffered as evidence they're contributing as much to the nation's well-being as they did decades ago when they paid a much larger share of their earnings in taxes.
Harvard, Yale, Princeton, and the rest of the Ivy League are worthy institutions, to be sure, but they're not known for educating large numbers of poor young people.
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