IMF Chief Warns of Financial Disaster Driven by Inequality
Kate Zeller | indybay.org | 2020-01-17
IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.
California Bill Would Raise Taxes on Corporations With Large CEO-Worker Pay Gaps
Staff | truthout.org | 2020-01-17
A bill to raise taxes on corporations with large gaps between CEO and worker pay moved forward in the California state senate Wednesday after a hearing that drew sharp lines between labor and anti-poverty supporters and corporate and Wall Street opponents. | The California proposal is similar to legislation introduced in the U.S. Congress last November by Senators Bernie Sanders and Elizabeth Warren, Representatives Barbara Lee and Rashida Tlaib, and 18 other House members. | Under the Ca…
MLK's final campaign lives on: The war against racism and poverty
Jessicah Pierre | peoplesworld.org | 2020-01-17
As we celebrate the legacy of Martin Luther King, Jr., it's natural to remember his courageous advocacy for racial equity. But before he was assassinated, King had also begun to broaden his efforts to unify the movement around economic justice. That's worth remembering today. In December 1967, King, the Southern Christian Leadership Conference, and other …
Poverty Is the New Draft
CP Editor | counterpunch.org | 2020-01-17
We Can't Be Silent Anymore: Rev. Barber & Poor People's Campaign Push Presidential Debate on Poverty
Staff | democracynow.org | 2020-01-16
As the final Democratic debate ahead of the Iowa caucuses took place Tuesday night in Des Moines, Iowa, more than 100 protesters gathered outside the debate venue at Drake University to demand a televised presidential debate on poverty. Led by Reverend William Barber, demonstrators carried a coffin to honor the 250,000 people who die every year from the impacts of poverty. According to the Poor People's Campaign, 140 million Americans
Study shows wealth inequality does make a difference in how long you will live
Amanda Mills | nationofchange.org | 2020-01-16
In the UK and US, being rich can add almost a decade of healthy living to a person's life.
How Economic Despair Drives Workers to Their Deaths
Staff | truthdig.com | 2020-01-16
Maria Fernandes was a good-hearted American with a family, ambitions and a rock-solid work ethic. | She also juggled three part-time jobs to make ends meet and grabbed much-needed sleep in her SUV between shifts. She left the engine running during one of those naps, and when a gas container she kept in the SUV somehow overturned, the fumes and carbon monoxide killed her. | While her death might appear to be an accident, the poverty-level wages that kept Fernandes working all…
Democrats Debate Wealth Tax, Free Public College & Student Debt Relief as Part of New Economic Plan
Staff | democracynow.org | 2020-01-15
At Tuesday's Democratic debate, former South Bend Mayor Pete Buttigieg repeated his criticism of plans for tuition-free public college and wiping out student debt, supported by both Elizabeth Warren and Bernie Sanders. Activist and Truthout contributor Alexis Goldstein says the dispute highlights a philosophical split within the Democratic Party. "We essentially have a disagreement between the progressive candidates and the moderate candidates about whether or not we want to pursue a universal benefit for higher education and make it a public good, much in the way that K-12 education is treated as a public good,"
People Want a Wealth Tax, but Many Politicians Oppose It
Staff | therealnews.com | 2020-01-15
Democratic presidential candidates Elizabeth Warren and Bernie Sanders are practically the only major politicians supporting a wealth tax to reduce inequality and fund government programs, even though polling shows nearly two-thirds of Americans support it.
The Science of (Not) Ending Global Poverty
Aparna Gopalan | thenation.com | 2020-01-15
The 2019 Nobel Prize winners in economics represent a new strain of neoliberal thought.
Poverty Is the New Draft
Staff | therealnews.com | 2020-01-14
The draft might be gone, but not everyone volunteers for the same reasons. Inconsistent access to education, healthcare, or housing means marginalized communities are systemically pushed into military service to gain those benefits–especially poor students.
SPLC Statement on the Detainment of Iranians and Iranian Americans
splcenter.org | 2020-01-06
The following statement is by Southern Poverty Law Center Interim President and CEO Karen Baynes-Dunning following reports that Iranians and Iranian Americans are being detained and questioned at U.S. ports of entry:…