Sam Pizzigati

Articles by this author

A number of leading Democrats with eyes on 2020 — and the party’s growing progressive base — have advanced proposals that could spark real change in who owns and runs America. (Photo: Shutterstock) Views
Wednesday, November 14, 2018
Democrats Won Big. Can They Go Bold, Too?
Tony Maxwell, a retired African-American naval officer, was trying to get his Jacksonville, Florida neighbor to go vote with him. The young neighbor, a high-school-dropout, had no interest. “Voting,” the young man declared , “doesn’t change anything.” Can Democrats use their newly won House...
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Sunday, November 11, 2018
The House Has Gone Democratic. Can the House Now Go Bold?
Tony Maxwell, a retired African-American naval officer, was trying — without much success — to get his Jacksonville, Florida neighbor to go with him to the mid-term election polls and vote. The young neighbor, a high-school-dropout, had no interest in taking the ride. “Voting,” the young man...
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A caricature of billionaire Sheldon Adelson attacks the White House. Views
Sunday, November 04, 2018
Mouthy Moguls: Our Latest Disappearing Species
Can American democracy survive the grand — and growing — personal fortunes of America’s billionaires? A just-released Institute for Policy Studies report, Billionaire Bonanza 2018 , offers ample cause for worry. The families of America’s top billionaires, the study shows, are becoming multi-...
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Monday, October 15, 2018
Confronting Climate Change in a Deeply Unequal World
wo meticulously sourced — and deeply disturbing — warnings about our shared global future have appeared over the past week. One has terrified much of the world. The other hasn’t, not yet at least, but most certainly should. You’ve most likely already encountered the first of these warnings, a grim...
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These corporate giants create grand fortunes for those who run them. And those who run them create chronic economic insecurity for those they employ and the communities where they live. (Photo: a.mina/flickr/cc) Views
Tuesday, October 02, 2018
Share the Wealth? We Can Start Now – Here’s How
In the United States, back during the Great Depression, three simple words animated a grassroots upsurge that would help make this nation the world’s first mass middle-class society: Share the wealth! And the nation did. By the end of the 1960s, the top one percent’s share of America’s national...
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We have no sign that the luck of that top 0.01 percent will be turning anytime soon. (Photo: Philipp/cc/flickr) Views
Wednesday, September 05, 2018
How to Recognize a Plutocracy: The Dead Giveaway
How can we tell when a democracy, or rule by the people, evolves into a plutocracy, the reign of the rich? Easy. We have a democracy when a political system can and does make a good-faith effort to address the problems average people face. In a plutocracy, on the other hand, the political system...
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Saturday, September 01, 2018
Taxpayers Are Footing the Bill for Sky-High CEO Salaries
Politicians often gab about the “private sector” and the “public sector,” as if these two categories of economic activity operated as two completely separate worlds. In reality, these two sectors have always been deeply intertwined. "Without the tax dollars we provide, almost every major...
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Sunday, August 19, 2018
The Market Made Them Do It
Back in 1999, near the dizzying height of the dot.com boom, no executive in Corporate America personified the soaring pay packages of America’s CEOs more than Jack Welch, the chief exec at General Electric. Welch took home $75 million that year. What explained the enormity of that compensation?...
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"Fiscally squeezed state and local governments simply began reneging on their pension responsibilities." (Photo: Bill Fugliano/Getty) Views
Friday, July 27, 2018
Creating Pension Plan Chaos for Teachers, Firefighters, and Cops
Single butterfly flapping its wings, chaos theory tells us, can wreak social havoc. Those flaps could alter the course of a tornado two weeks later. A big deal if your home happens to be in that tornado’s new course. Now if a single butterfly could wreak such havoc, imagine the damage a few flaps...
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"Within that top 20 percent, well over half the benefits have gone to the top 5 percent, and over half those top 5 percent benefits have gone to the top 1 percent." (Photo: Fight Back! News/Kim DeFranco) Views
Monday, July 16, 2018
A Sweet New Century for America’s Most Privileged
The United States ended the 20th century on a roll — for the rich. Between 1973 and 2000, the nation’s most prosperous 1 percent tripled their incomes, after taking inflation into account. The even more prosperous top tenth of that 1 percent did quite a bit better. Their incomes more than...
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