A project of the Labor Institute to reverse runaway income and wealth inequality.
As nuclear, oil, and chemical plants in the Great Lakes region were closing, plans were needed for a just transition for 100,000 workers. Les Leopold talked about the workers, what they were losing, and how important it was for all parties to support a just transition to a new way of life. You can read … Read more
By Les Leopold Stanley Aronowitz, my ex-brother-in-law, came crashing into my life in my early teens. The combination of Stanley and my sister Evelyn totally scrambled my entire vision of the world and of myself. I went from a lower-middle class suburbanite to a working class radical with many difficult stops along the way. Stanley never … Read more
The details are in this report: https://ips-dc.org/how-corporations-pumped-up-ceo-pay-while-their-low-wage-workers-suffered-in-the-pandemic/ Just one juicy detail among many: “Hilton CEO Christopher Nassetta had the largest paycheck among the rule-rigging companies. After he failed to meet the goals associated with his multi-year stock awards, the board “modified” the awards by disregarding poor 2020 financial results and changing the performance metrics. Those … Read more
A long reported piece in Nature examines why the poorest people are the most vulnerable to disease, and how our inadequate systems of regulation and support make matters worse. A Covid story with implications that extend far into the future.
https://www.nature.com/immersive/d41586-021-00943-x/index.html
Mother and Daughter Do the Same Job. Why Does One Make $9 More an Hour? Brigid Schulte and Cassandra Robertson write in the New York Times. Click here to read.
Low interest rates have stabilized the economy and boosted the stock market, making winners of winners and leaving the rest of us behind. Allan Sloan and Dezary Podkul report at ProPublica.org. Read it here.
