A call for a kinder capitalism

By Brett Milano ~ The Harvard Gazette ~  Rep. Kennedy advocates a new economic agenda that addresses the needs of embattled workers Speaking at Harvard Law School, U.S. Rep. Joe Kennedy III (D., Mass.) called Monday for a new national economic agenda based on “moral capitalism” that addresses the needs of embattled workers. In recent months, Kennedy has been pushing for a fresh economic sensibility. Speaking at the John T.…

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The American middle class is stable in size, but losing ground financially to upper-income families

By Rakesh Kochhar ~ Pew Research Center ~ About half (52%) of American adults lived in middle-class households in 2016. This is virtually unchanged from the 51% who were middle class in 2011. But while the size of the nation’s middle class remained relatively stable, financial gains for middle-income Americans during this period were modest compared with those of higher-income households, causing the income disparity between the groups to grow.…

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