Sarah Anderson

Articles by this author

We can put an end to dangerous war profiteering by denying federal contracts to corporations that pay their top executives excessively. (Photo: Chris Devers / Flickr) Views
Monday, January 06, 2020
Meet the Corporate War Profiteers Making a Killing on Trump's Attacks on Iran
CEOs of major U.S. military contractors stand to reap huge windfalls from the escalation of conflict with Iran. This was evident in the immediate aftermath of the U.S. assassination of a top Iranian military official last week. As soon as the news reached financial markets, these companies’ share...
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Saturday, December 14, 2019
Danny Glover Supports Landmark Reparations Fund in Chicago Suburb
Earlier this year, the actor Danny Glover joined author Ta-Nehisi Coates for a Capitol Hill hearing on slavery reparations. That was a historic milestone in the fight for a federal commission to study how America could best make amends for slavery. But as is the case on so many issues, local...
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Giovanna De La Rosa (center) at a United for Respect demonstration. Views
Monday, December 09, 2019
Toys R Us Worker: Wall Street Billionaires Should Not Be Making Money By Putting People Out of Work
For many years, Giovanna De La Rosa enjoyed working at Toys ‘R’ Us—especially during the holiday shopping season. “I loved bringing joy to families and to children,” she shared at a recent congressional hearing . “I watched so many of the local kids grow up over the years while shopping in our...
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A protester at a union rally against government budget cuts in New York. Views
Saturday, November 30, 2019
A Corporate Tax Even Republicans Should Love
I moved away from my hometown of Litchfield, Minnesota, several decades ago, and since that time, my politics have veered to the left as those in my hometown have veered to the right. Donald Trump won my family's western Minnesota congressional district by over 30 percentage points . And yet, when...
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A recent IPS report finds that 80 percent of S&P 500 firms last year paid their CEO over 100 times their median employee pay. At 50 publicly held firms, workers would have to toil at least 1,000 years to make as much as their boss made in just one. (Photo collage: Getty Images) Views
Thursday, November 14, 2019
Sanders, Lee, and Tlaib Lead Effort to Tax Huge CEO-Worker Pay Gaps
A new congressional bill would deliver heftier IRS bills to corporations that overpay their top executives at the expense of their workers. Institute for Policy Studies experts have advocated for such policies since the 1990s, the decade CEO pay at big U.S. corporations began soaring into the...
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Today’s overpaid CEOs are unlikely to start sharing that good life—and the wealth that finances it—more equitably without public policies to prod them in this direction. (Photo: Shutterstock) Views
Wednesday, October 16, 2019
Where Is 'Line Worker Barbie'?
Mattel executives say they’re worried about girls developing “self-limiting beliefs,” resulting in a "dream gap" with boys. So the giant toymaker rolled out an extensive line of “ Career Dolls ,” including Barbie pilots, firefighters, and robotic engineers, to inspire its young patrons. But there’s...
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Not much is trickling down. (Photo: Institute for Policy Studies) Views
Monday, October 07, 2019
Paying the Boss 1,000 Times More Than a Worker Encourages Reckless Corporate Behavior
Back in the 1960s and into the 1970s, few American corporate chief executives pocketed more than 40 or 50 times what they paid their workers. That divide looks quaint by today’s standards, but back then business analysts like the famed Peter Drucker considered even those gaps much too wide. Drucker...
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A tax penalty on extreme pay gaps would give corporations an incentive to finally narrow these obscene divides. (Photo: Screenshot/Youtube) Views
Wednesday, October 02, 2019
We’ve Waited Too Long for Corporations to Fix the CEO Pay Problem on Their Own
I went on CNBC’s Squawk Box this week to talk about a new proposal from Senator Bernie Sanders to put tax penalties on corporations with extreme gaps between their CEO and worker pay. This is an issue I’ve been working on for many years. In fact, a dozen years ago, in August 2007, I had also...
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While none of these bills would completely solve our executive pay problem, they are important steps towards a more rational, equitable system. (Photo: Pixabay/CC0) Views
Friday, August 02, 2019
3 Bills to Rein in Executive Pay
Here’s one sign of the unpopularity of overpaid corporate and banking executives: Shortly before heading home to face constituents during the summer recess, members of Congress introduced three bills to crack down on excessive compensation. Stop Wall Street Looting The new Stop Wall Street Looting...
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US Representatives Ayanna Pressley (D-MA) speaks as, Ilhan Abdullahi Omar (D-MN)(L), Rashida Tlaib (D-MI) (2R), and Alexandria Ocasio-Cortez (D-NY) hold a press conference, to address remarks made by US President Donald Trump earlier in the day, at the US Capitol in Washington, DC on July 15, 2019. - President Donald Trump stepped up his attacks on four progressive Democratic congresswomen, saying if they're not happy in the United States "they can leave." (Photo: Brendan Smialowski / AFP) Views
Monday, July 22, 2019
‘The Squad’ Keeps the Focus on Bold, Inequality-Busting Policies
“We are one of the wealthiest countries in the history of this world. And yet millions of adults in the United States still don’t have health insurance,” Rep. Ilhan Omar told an audience of her Minnesota constituents on Thursday evening. A day after the president of the United States incited...
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