Sam Pizzigati

Sam Pizzigati edits Too Much, the Institute for Policy Study's online weekly newsletter on excess and inequality.

Articles by this author

Sunday, November 16, 2014
Some 'Old' News for a Newly Elected Congress
How much income do America’s households take in? How much do they have left after taxes? Do federal taxes leave the nation less or more unequal? Questions don’t get much more basic than these. Or more complicated either. How, for instance, do we define income? Everyone agrees, of course, that...
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Monday, November 10, 2014
The Peasants Still Have Their Pitchforks
What can we expect Congress to do about America’s staggeringly top-heavy concentration of income and wealth over the next two years? Absolutely nothing. What do Americans want Congress to do about that concentration? A good bit. We know the first answer from the simple math of last week’s election...
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Monday, October 20, 2014
On a Top-Heavy Planet, Nordic Nations Show Path to Healthier Wealth Equity
The latest annual Global Wealth Report from the Credit Suisse Research Institute has everything you would expect from a report on global wealth. And one thing you wouldn’t: a mystery. The media coverage of the new Credit Suisse report hasn’t focused much at all on that mystery. Reporters have...
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Tuesday, September 30, 2014
Why an Unequal Planet Can Never Be Green
What is it going to take to save the planet from environmental devastation? Sheer people power? We certainly saw that on the eve of last week’s UN Climate Summit in New York. Some 400,000 marchers packed the streets of Manhattan. Millions more rallied the same day in over 2,600 other actions in 162...
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Saturday, August 30, 2014
Inequality and the USA: A Nation in Denial?
Every August, for most of the last four decades, top central bankers from around the world have been making their way to the Wyoming mountain resort of Jackson Hole for an invitation-only blue-ribbon economic symposium. This year’s Jackson Hole hobnob, once again hosted by the Federal Reserve Bank...
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Tuesday, August 05, 2014
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the share of the nation’s income going to workers and underestimated the share going to America’s asset-rich. “Everything’s coming up roses for...
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Carlos Ghosn, the CEO of Japanese automaker Nissan, pulled in just over $10 million last year. That made him Japan’s highest-paid chief exec, by a wide margin. In the United States, $10 million barely rates as CEO average pay. (Photo: flickr / cc / WEF) Views
Monday, June 30, 2014
America’s CEOs: In a Class All by Themselves
The free market made us do it. Ask members of any American corporate board of directors why they pay their CEO so much and you’ll get some variation on this market-inevitability theme. To compete effectively in the world economy, Corporate America’s argument goes, we need world-class executive...
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(Credit: revertebrate/cc/flickr) Views
Monday, June 16, 2014
A New Spin from the Inequality Denialist Set
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street Journal — have a problem. Their defense of plutocracy just isn’t selling. Two events this spring have now put this failure in particularly stark relief. First came...
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(Photo via Flickr / jpellgen/ Creative Commons license) Views
Monday, June 09, 2014
The Many Pipelines that Pump Our Wealth Up
Back in 1979, notes a new Economic Policy Institute report released last week, households in America’s statistical middle — the 20 percent of households making more than the nation’s poorest 40 percent and less than the nation’s most affluent 40 percent — averaged $16.72, after inflation, per hour...
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Restaurant industry movers and shakers have essentially hit upon the perfect formula for executive success: Pay your workers close to as little as the law allows — and make sure that no one changes the law. (Photo: AP) Views
Monday, April 28, 2014
The Big Tip That America’s Servers Never See
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play — at our expense. And big oil giants like ExxonMobil have been outraging Americans for years. But plenty of other corporate giants that inflate our inequality have been flying under the radar...
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