Sam Pizzigati

Articles by this author

Murphy may prove to be an excellent governor, who moves New Jersey toward significantly greater equality. Or he may come be seen as a blundering know-it-all, whose incompetence discredits the progressive positions he now champions. Views
Wednesday, November 15, 2017
Phil Murphy’s Victory and the Goldmanization of Government
The voters of New Jersey just elected a former Wall Street banker as their new governor. Just what America needs, right? Many onlookers are undoubtedly thinking that the last thing our country needs at this troubled time another well-heeled Wall Streeter in a powerful political position. In the...
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Representatives of progressive political activist groups join members of the Congressional Progressive Caucus for a news conference outside the U.S. Capitol in Washington, D.C. on Oct. 4, 2017. (Photo by Chip Somodevilla/Getty Images) Views
Thursday, October 26, 2017
Trump’s ‘Reform’ Tilts Tax Code to Favor the Rich
How much did your paychecks total last year? You know the answer, of course. So does the Social Security Administration. The totals for every American’s paycheck income are sitting in Social Security’s computers. Once every year, Social Security does a serious data dump out of those computers to...
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Life in this entitlement environment shapes how the awesomely affluent interact with the world. They come to see their privilege as the proper order of the universe. The wealthy deserve to be served. Those without wealth do not. If those without wealth did rate as deserving, after all, wouldn’t they already be wealthy? Views
Friday, October 06, 2017
Why Do So Many Super Rich Despise the Poor?
Only days after the horrific aftermath of Hurricane Maria in Puerto Rico, Donald Trump unleashed a tweet that outraged many but surprised few. With millions of Puerto Ricans without minimal food, water, and fuel, Trump lashed out against those islanders literally begging for more federal help. “...
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Monday, August 28, 2017
Wisconsin’s Foxconn Deal Enriches Billionaires With Taxpayer Cash
Taiwanese billionaire Terry Gou every once in a while likes to think “outside the box.” Back in 2010, for instance, the giant electronics manufacturer that Gou runs — Foxconn — was facing what corporate flacks like to call a major “PR problem.” Working conditions inside Foxconn’s massive Chinese...
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Wednesday, December 21, 2016
Waging Class War in Comfort
In a typical corporate board of directors meeting, what do CEOs see when they look out across their richly lacquered boardroom tables? They see . . . lots of other CEOs. That’s no accident. CEOs today purposively pack their corporate boards with their pals, who often turn out to be current or...
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Money Views
Sunday, August 28, 2016
A Do-Over for Our Unequal Economy?
The basic idea behind the “mulligan” ­– you flub a shot, you get to take the shot again — may be golf’s most endearing contribution to world civilization. In our real-world economy, unfortunately, we don’t get to take mulligans. We certainly could use one. Here in the United States, a new report...
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Saturday, July 16, 2016
Big Headlines for a Tiny Wage Hike
Lloyd Blankfein, one of America’s most powerful bankers, a few years ago told a reporter that his Goldman Sachs financial colossus was doing “God’s work.” That off-hand comment would provoke an instant uproar. An embarrassed Blankfein had to quickly calm the waters . He meant his quip, the Goldman...
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Sunday, July 03, 2016
Philadelphia’s Forgotten Spirit of 1776
Later this summer, just a few weeks after this year’s Fourth of July celebrations, Democrats will be gathering in Philadelphia to make some presidential nomination history. Democrats — small-d variety — gathered in Philadelphia soon after the original Fourth of July, too. Those democrats, all...
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Tuesday, April 26, 2016
Did The Beatles Help Fuel The Reagan Revolution?
Overcrowded classrooms. Crumbling bridges. Shuttered libraries. These have become our everyday realities after over a generation of tax-cutting political bravado. A shrinking middle class. Rising dead-end poverty. The splurges of a new super rich. These have also become the markers of our time. Is...
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Wednesday, January 20, 2016
Here’s What the Millionaires at Davos Can Do About Global Inequality
Every winter the world’s political and business elite retreat to the Swiss mountain resort of Davos to think deep thoughts and sup at five-star eateries. The corporate execs, bankers, and finance ministers who frequent this annual Davos World Economic Forum have of late devoted considerable time to...
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