Salvatore Babones

Salvatore Babones is a senior lecturer in sociology and social policy at the University of Sydney and an associate fellow at the Institute for Policy Studies (IPS).

Articles by this author

Views
Tuesday, July 3, 2012 - 2:15pm
The European Financial Transactions Tax: Robin Hood or Sheriff of Nottingham?
The leaders of continental Europe's four biggest countries agreed at last week's euro zone summit on the principle that the European Union should move toward imposing a tax on financial transactions. Though it was hardly mentioned in the U.S. press, the agreement was big news in Europe.
Read more
Views
Tuesday, January 31, 2012 - 9:04am
Immobility Nation: The Fable of the 'Land of Opportunity'
America is becoming "a country where a shrinking number of people do really well, while a growing number of Americans barely get by," President Barack Obama declared during his State of the Union address. The numbers back him up. Executive compensation and the poverty rate are both at or near all-time highs.
Read more
Views
Thursday, January 5, 2012 - 7:12am
America's Skimpy Minimum Wage
In 2012, the 63 million Americans who depend on Social Security are getting their first cost-of-living adjustment (COLA) in three years: a 3.6 percent increase in benefits. In other words, one in five Americans are getting a raise. For the average beneficiary, this amounts to an extra $38.95 a month. That's not much, but it's something.
Read more
Views
Monday, December 5, 2011 - 2:02pm
The Other 99 Percent: How the US Compares
One reason why the Occupy Wall Street movement grabbed the world’s attention was its protest against the injustices of 21st century capitalism. The Occupiers focused on the fact that "the other 99 percent" — the non-wealthy majority of the population — are increasingly excluded from the world’s economies.
Read more