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Newsletters

INCOME INEQUALITY

Ray Dalio on Capitalism Gone Wrong: America May See Dire Consequences

Capitalism in America "is producing self-reinforcing spirals up for the haves and down for the have-nots," the hedge fund titan wrote.
By Sissi Cao
Demonstrators rally outside the Federal Communication Commission headquarters.

Net Neutrality’s Death Was Always Inevitable Under Global Capitalism

The death of net neutrality subverts the democratization of information into class warfare.
By Davis Richardson
In truth, no one creates wealth out of the ether as the mythic phrase “wealth creator” suggests.

Getting Rich Is Largely About Luck—Shame the Wealthy Don’t Want to Hear It

A new report confirms how the rich become deluded about their talents, but also hints at a growing acknowledgement of inequality.
By Danny Dorling
the way back

Author and Trump Fan F.H. Buckley Touts ‘Socialist Ends by Capitalist Means’

By Josh Keefe
Boris Johnson, then the mayor of London, meets with New York City Mayor Bill de Blasio in 2015. Johnson was a high-profile supporter of Brexit.

NYC Mayor: Brexit Is About ‘Elites That Have Failed Working People’

By Jillian Jorgensen
OAK BROOK, IL - MAY 25: Demonstrators calling for an increase in the minimum wage to $15-dollars-per-hour march to McDonald's corporate headquarters during a protest on May 25, 2016 in Oak Brook, Illinois. McDonald's annual shareholders meeting is scheduled to be held in Oak Brook tomorrow.

Y Combinator and GiveDirectly Move on Basic Income

By Brady Dale
James Simons, director of Renaissance Technologies LLC, listens during the House Oversight and Government Reform Committee November 13, 2008 in Washington, DC. George Soros chairman of Soros Fund Management LLC, testified on the topic of "The Regulation of Hedge Funds" during the hearing. AFP PHOTO/TIM SLOAN

Why Billionaires Like James Simons Donate Millions to Clinton and Cruz

By Michael Sainato
Sen. Bernie Sanders speaks in Brooklyn.

Bernie Sanders Heats Up Hipster Crowd in Brooklyn

By Will Bredderman
Donald Trump.

NYC Mayor Warns Donald Trump ‘Has a Legitimate Shot’ at Becoming President

By Will Bredderman
Sen. Bernie Sanders the night of the Iowa Caucuses.

Hillary-Backer Bill de Blasio: ‘We’ve Got to Appreciate What Bernie Has Done’

By Will Bredderman
LAS VEGAS, NV - FEBRUARY 14: Democratic presidential candidate Sen. Bernie Sanders (I-VT) speaks at a rally at Bonanza High School on February 14, 2016 in Las Vegas, Nevada. Sanders is challenging Hillary Clinton for the Democratic presidential nomination ahead of Nevada's February 20th Democratic caucus. (Photo by Ethan Miller/Getty Images)

Latino Bronx Lawmaker Backs Bernie Sanders Over Hillary Clinton

By Will Bredderman
Former Maryland Gov. Martin O'Malley. (Photo: JIM WATSON/AFP/Getty Images)

Going to Town—Clinton, Sanders and O’Malley Make Last Bid for Iowa

By Will Bredderman
Gov. Andrew Cuomo, Rev. Al Sharpton and Mayor Bill de Blasio (Photo: Will Bredderman for Observer).

Martin Luther King—and Al Sharpton—Bring Andrew Cuomo and Bill de Blasio Together

By Will Bredderman
Mayor Bill de Blasio. (Photo: Andrew Burton for Getty Images)

Bill de Blasio Admits Planned Iowa Presidential Forum Was a Failure

By Will Bredderman
Protestors regroup after a move from Chase to Blackstone

The Latest People’s Climate Protest Fights For the Local as Much as the Global

By Abigail Rowe
Pope Francis addresses the congregation from the window of the Apostolic Palace overlooking St. Peter's square during his Sunday Angelus prayer at the Vatican on July 19, 2015 (GABRIEL BOUYS/AFP/Getty Images)

Bill de Blasio’s Vatican Visit: ‘It Was Fun Even to Be Close’ to Pope Francis

By Jillian Jorgensen
A Bill de Blasio figurine, among religious artifacts, in Italy. (Photo: Salvatore Laporta/Getty)

De Blasio Headed to Vatican to Talk Inequality and Climate Change with Pope

By Will Bredderman
New York Governor Andrew Cuomo speaks to labor leaders and union workers at a rally in Union Square on May 7, 2015 in New York City. (Photo: Spencer Platt/Getty Images)

At Minimum Wage Rally, Cuomo Attacks Term ‘Income Inequality’

By Will Bredderman
Mayor Bill de Blasio.

Bill de Blasio and Elizabeth Warren Talk Income Inequality

By Jillian Jorgensen
Sen. Elizabeth Warren (D-MA) . (Photo by Chip Somodevilla/Getty Images)

In Washington, Bill de Blasio Calls Elizabeth Warren’s Leadership ‘Extraordinary’

By Jillian Jorgensen
New York City Mayor Bill de Blasio looks on as US President Barack Obama speaks following a meeting with elected officials, community leaders and law enforcement officials on police-community relations (Photo: Mandel Ngan/AFP/Getty Images).

De Blasio ‘Can’t Think of Anything More Important’ Than Going to D.C.

By Will Bredderman
Mayor Bill de Blasio's Twitter chat on Monday was a mix of serious questions and fluff about funnel cake. (Getty)

In Nebraska, de Blasio Outlines His National Progressive Vision

By Jillian Jorgensen
Senator Bernard Sanders (Photo: Facebook).

Bernard Sanders ‘Blunt’ About Wealth Gap at Sharpton Summit—But No Mention of 2016

By Will Bredderman
Former Secretary of State Hillary Clinton, left, meets with Mayor Bill de Blasio last year ((Photo: Andrew Burton/Getty Images)

De Blasio: Hillary Clinton ‘Absolutely’ Needs to Address Income Inequality

By Will Bredderman
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