CEOs Make How Much More Than Their Workers?

The AFL-CIO Paywatch program keeps an eye on the executive compensation figures public corporations are required to report thanks to the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010. That’s information companies didn’t want to report, and a closer look shows why. Read it here. A few takeaways: In the past 10 …

Read moreCEOs Make How Much More Than Their Workers?

The Nitty Gritty Had This to Say About Runaway Inequality

RUNAWAY INEQUALITY—This is the most pressing issue that affects all working people and the poor. After World War II the US emerged as a super power because its economy built up a strong middle class. The system at that time saw the height of union involvement so workers could negotiate with business for improved wages …

Read moreThe Nitty Gritty Had This to Say About Runaway Inequality

Will the Democrats Abandon Lordstown to Trump?

Lordstown is the poster child for modern financialized capitalism and runaway inequality By Les Leopold The vacant Lordstown General Motors facility is a frightening sight—6.2 million square feet of modern industrial might spread over 900 acres doing absolutely nothing except depressing the regional economy and the spirits of northeast Ohio. Just a few months ago …

Read moreWill the Democrats Abandon Lordstown to Trump?

What Swings the Swing Voter?

Today,  a similar common denominator unites every identity group with every economic populist: All have much to gain from policies that address rising inequality by Les Leopold According to conventional wisdom, the Democrats must appeal to middle-of-the-road swing voters in order to defeat Trump in 2020. Supposedly these voters want a moderate who “crosses the …

Read moreWhat Swings the Swing Voter?