wealth

The Scourge of Corporate Financialization

William Lazonick / Cambridge University Press Aug 25, 2023 A new book argues that stock buybacks and other hallmarks of financialization drive income inequity, employment instability, and productive fragility. Dig deeper ( 16 Min. Read )

A bikini clad woman with long blonde hair sits on a lounge chair smiling next to a shirtless blonde-haired man who looks perturbed with the ocean and the blue sky visible behind them.

The Aesthetics of Capitalism, (Somewhat) Deconstructed

Siddhant Adlakha / Truthdig Nov 17, 2022 “Triangle of Sadness” completes Östlund’s triptych about men and money, but with a looseness that feels like aloofness. Dig deeper ( 5 Min. Read )

The Wealthiest Americans Haven’t Paid Their Fair Share in Decades

Ilana Novick / Truthdig Oct 7, 2019 A new study proves all our worst tax fears. Dig deeper ( 3 Min. Read )

The Secret to Living Longer Is Being Rich, Study Reveals

Ilana Novick / Truthdig Sep 9, 2019 The connection between Americans’ lifespans and how much money they have is “a failure of social policy.” Dig deeper ( 2 Min. Read )

Rich Father-in-Law Has Helped, Complicated O’Rourke’s Career

WILL WEISSERT and RYAN J. FOLEY / The Associated Press Jul 6, 2019 The Democratic 2020 presidential hopeful might never have made it on the national stage without real estate investor William Sanders. Dig deeper ( 7 Min. Read )

Robert Reich: The Real Source of Authoritarianism Can Be Found at Davos

Robert Reich / Truthdig Jan 24, 2019 If Davos’ attendees blame the rise of right-wing populism around the globe on racism fueled by immigration, they’re deluding themselves. Dig deeper ( 1 Min. Read )

Buoyant Stocks Lift U.S. Household Wealth, Mainly for the Affluent

CHRISTOPHER RUGABER / The Associated Press Sep 20, 2018 Although the Federal Reserve cites gains in Americans' net worth in the most recent quarter, the increases are disproportionately flowing to the richest one-tenth of the population. Dig deeper ( 2 Min. Read )

Tax Cut Distraction

Jeff Danziger / Truthdig Aug 5, 2018 Dig deeper

‘Public Safety Is None of Your Business’

Paul Street / Truthdig Mar 20, 2018 And, if we believe what we are being told, neither are corporate welfare, jobs, health insurance, pensions, the environment, tax policy, the distribution of wealth and power or world peace. Dig deeper ( 11 Min. Read )