“Extreme wealth inequality has become America’s pre-existing condition,” writes Chuck Collins in a new co-authored report from the Institute for Policy Studies, “Billionaire Bonanza 2020.” In the past six weeks, as a record 30 million Americans have filed for unemployment, the 630 billionaires of the United States have seen their shared wealth go up $406 […]
Is the U.S. a Plutocracy — should it be?
Plutocracy: a country or society governed by the wealthy. Many worry that this is the direction that the U.S. is headed — or is already there. A number of lawmakers are proposing changes in how taxes are levied to the uber-rich, while others are calling these plans “socialism”. Chuck Collins, Director the Program on Inequality […]
Panama Papers: What you need to know
Today we’re talking Panama Papers. The millions of leaked Mossak Fonseca documents reveal shady offshore financial records from millionaires, heads of state, and celebrities all around the world. Guests include Paul Fontaine, James S. Henry, and Chuck Collins. Paul Fontaine is the news editor of the Reykjavik Grapevine. He hopes to be able to help craft journalistic […]
