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A Dream Deferred: MLK’S Dream of Economic Justice is Far From Reality

By Jessica Pierre ~ Other Words ~ 90 years after King was born, the racial wealth divide is actually growing — which drags down the entire economy. January 15th marked what would’ve been Dr. Martin Luther King’s 90th birthday. Most known for his famous “I Have Dream Speech,” King envisioned a future in which deep racial inequalities — including deep economic inequality — were eradicated. He worked tirelessly towards that mission.…

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Do We Really Need Billionaires?

By Lawrence Wittner ~ Common Dreams ~ According to numerous reports, the world’s billionaires keep increasing in number and, especially, in wealth In March 2018, Forbes reported that it had identified 2,208 billionaires from 72 countries and territories.  Collectively, this group was worth $9.1 trillion, an increase in wealth of 18 percent since the preceding year.  Americans led the way with a record 585 billionaires, followed by mainland China which, despite its professed commitment…

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The Evidence Pours In: Poverty Getting Much Worse in America

By Paul Buchheit ~ Common Dreams ~ Poverty—and the stress of being poor—is killing people every single day A White House report recently proclaimed that the “War on Poverty is largely over and a success.” United Nations Ambassador Nikki Haley said it was “ridiculous for the United Nations to examine poverty in America.” Well-positioned Americans must talk like this, of course, because admitting the debilitating state of poverty in America…

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Business Is One Reason For Economic Inequality – And Also For Equality

By Bill Conerly ~ Forbes ~ Is business a reason for economic inequality, or does business reduce economic inequality? I believe the answer is “Yes.” Private business both increases and decreases inequality, in conjunction with changes in the structure of the economy, technology, social attitudes and public policy. Private business does not definitively determine the distribution of income, but it influences it. (This article is based on my presentation in…

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