Posts tagged “sam pizzigati”
December 12, 2013
In an article published on Moyers & Company, veteran labor journalist and author of The Rich Don’t Always Win, Sam Pizzigati discusses a recent study by World Bank economist, Branko Milanovic. This insightful and refreshing study, Pizzigati tells us, has unveiled “a new yardstick for human progress” – one that measures the “funness” of a society. Using this “cross-national international index,” Milanovic compiled a list of ten fundamental factors that keep the good times rolling. These factors range from the obvious to the jaw-dropping.
Do you want to find out what makes a society “fun” to live in? Read Sam’s article here to learn more about this fascinating and potentially groundbreaking study.
October 3, 2013
Exactly one hundred years ago today, President Woodrow Wilson signed the first federal income tax into law. Despite the opposition from the nation’s wealthiest, the new “progressive” tax reform was supported from coast to coast by state legislature and was given the final okay by Congress in 1913.
In an op-ed on Reuters, Sam Pizzigati, editor of Too Much and author of The Rich Don’t Always Win, and John Buenker, an emeritus professor of history at the University of Wisconsin-Parkside and author of The Income Tax and the Progressive Era, explain that these tax reforms created the middle class, supported the economy and industry, and changed the face of America.
“These high-tax years — for the rich — should have been a time of economic calamity. At least according to the critics of progressive income taxation. But real life proved these critics wrong. Commerce did not cease when the tax code levied steeply graduated rates on U.S.
August 21, 2013
Jeff Bezos, billionaire and CEO of Amazon, is purchasing The Washington Post, a move that is garnering significant objection from concerned journalists and readers. All are wondering: “Has plutocracy finally overwhelmed our press?”
In a South Coast Today op-ed piece, Sam Pizzigati, author of The Rich Don’t Always Win, has an interesting answer. He says, in reality, “America’s most powerful newspapers have always been partial to the privileged.” Those bemoaning the loss of yet another “grand” journalistic family forget that it’s actually the Grahams that made anti-union sentiment and practice acceptable when they hired replacements for their striking workers in 1975.
Since then, the American labor movement has dwindled into near non-existence. In Amazon’s warehouses, for example, there is apparently no union representation whatsoever. Pizzigati reports:
“Exhausted after 12-hour shifts, [Amazon] employees regularly wait, unpaid and for nearly a half-hour at security checkpoints meant to detect pilfering…[They] take home about $24,300 a year…barely more than the official poverty line for a famly of four and far less than what Walmart pays.”
It’s this “take-no-prisoners” mentality that made Bezos so wealthy—wealthy enough to purchase The Washington Post.
August 20, 2013
This past June, CNN asked its readers to decide which five of twenty possible stories columnist John Sutter would cover in his Change the List Project. With 16,789 votes, first place went to “America’s widening rich-poor gap.”
Sutter says, “I love that each of these stories was chosen by you. I see that as a mandate of sorts. When journalists pitch big projects they sometimes wonder, ‘Is this really the best use of my time?’ I don’t have those doubts with Change the List. I know I’m working on your behalf — on the topics you’ve deemed most important.” Those of us at Seven Stories are encouraged that the public is so interested in income inequality; we think it’s pretty important too.
As Sutter begins researching his series, he’s asking the public again for help. This time, he wants help compiling a list of approximately 100 “must reads” on the subject of income inequality.
Tags: Adbusters, Change the List, class, CNN, Income inequality, John Sutter, Kalle Lasn, Memewars, Must-Reads, noam chomsky, only the super-rich can save us, profit over people, ralph nader, sam pizzigati, seven stories press, The Rich Don't Always Win
August 19, 2013
Experts are saying that among America’s richest inhabitants, the top one percent have saved 37 cents per dollar this year, however they are not using their savings productively, instead they are hoarding cash. Therefore America’s wealthiest people are taking a larger share of the income. The solution to equalize this intake of money would be to raise taxes on the rich.
“That increased concentration of wealth in the hands of a few, combined with the effects of the Great Recession and the slow recovery, has meant less money in the hands of low- and middle-income Americans — who are more likely to spend it — decreasing demand for goods and services, according to Sam Pizzigati”
The Article goes on to quote more of Pizzigati’s book when concerning how foolish it is to let the wealth stay at the top.
June 19, 2013
By Sam Pizzigati
Too Much – A commentary on excess and inequality
June 9, 2013
Posted on Portside.
Richard Davis chairs the negotiating committee at the nonprofit responsible for the Minnesota Orchestra. Last October 1, Davis and his fellow corporate managers who run the nonprofit “locked out” the orchestra’s musicians after they refused to accept a contract offer that would have cut musician pay by up to 50 percent and jumped annual health care premiums by up to $8,000. These musicians are not striking. Quite the contrary.
For the grasping managers of Corporate America – and the institutions their wealth dominates – no workers deserve dignity, not even the most amazingly accomplished.
What do bank executives who make $19 million a year do in their spare time? They do the same thing they do in the hours they spend in their executive suites. They squeeze America’s middle class.
May 31, 2013Book Discussion with Sam Pizzigati Friday, May 31 @ 12pm AFL-CIO 815 16th St. NW, Washington, DC
Polls now show that two-thirds of Americans believe that the nation’s enormous wealth ought to be “distributed more evenly.” But almost as many Americans—well over half—feel that protests against inequality will ultimately have “little impact.” The rich, millions of us believe, always get their way. But, as Pizzigati shows in the popular history of 1900-1970, the plutocracy can win.Sam Pizzigati, author of The Rich Don’t Always Win, will be at AFL-CIO on Friday, May 31st to discuss and sign his book. Beverages will be provided, but bring your lunch and learn about the forgotten triumph of the American middle class.
More timely than ever with the looming fiscal cliff, Pizzigati explains that there was once a time that the little guys won- and created the American middle class. In his recent LA Times article “The fiscal cliff… of 1932”, Pizzigati says “Is history simply repeating?
April 25, 2013Sam Pizzigati Book Talk Thursday, April 25 @ 7pm
First Church JP, 6 Eliot St
Sam Pizzzigati will be at the First Church of Jamaica Plain in Boston on Thursday, April 15th to discuss how a century ago, just like today, the wealthy dominated the country’s politics and economy, and how over the course of 50 years, the middle class won. Sponsored by Jamaica Plain Forum, Dollars & Sense, United for a Fair Economy, and Class Action, Sam will be discussing his bookhttp://catalog.sevenstories.com/products/rich-dont-always-win, followed by Q&A and a book signing.
hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen.
Americans today ought to be taking no small inspiration from this stunning change.
April 17, 2013
The struggle against inequality continues as Tax Day highlighted just how little the wealthiest Americans pay in taxes. Sam Pizzigati, author of the recently released, The Rich Don’t Always Win, talked with Laura Flanders about the battle against plutocracy that everyday Americans waged in the first half of the 20th century, when the upper class ruled and inequality was at its peak. Pizzigati compares 2007, the year before the financial meltdown, when the richest 400 people were taxed just 16.6% of their total income (which averaged $345 million), to 1955 when the richest 400 paid 51.2% of their total income (after exploiting all the loopholes).
It’s almost laugh-out-loud ridiculous to think that in the 1950s the top tax bracket was 91% on those making over 200,000 a year. But the 1950s were times of great prosperity, and it was because of the little guys fighting for economic equality, over many decades, that progressive taxes were implemented.
February 26, 2013
When President Obama gave his State of the Union address on February 12th, he laid out his second-term agenda which included his plans to help reduce the growing economic inequality in our nation. He spoke of raising minimum wage, granting universal pre-kindergarten access to families in need, restoring the pay roll tax cut, and linking federal student aid to the rising college tuition costs. But what does his plan really mean for economic disparity?
According to University of California economist Emmanuel Saez, the top ten percent in the US is making 46.5 percent of the nations income, which is the highest rate in nearly 100 years! This, amongst many other indicators, has sounded the alarms for government to address the this gap between the top-earners and the rest of the country. In an interview with Between the Lines‘ Scott Harris, Sam Pizzigati, veteran labor journalist and author of The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970, assesses President Obama’s plan and how effectively it addresses the economic inequality.