Category: Capitalism

Inequality and Unions

Ever wonder why income inequality in the U.S. is so extreme? Here is one big reason why: This graphic compares the portion of income received by the richest 10% and the portion of the workforce who are union members. Note that those at the top earners take a larger share of the nation’s income when […]

A Punch to the Gut

$100 Million for two boxers to pummel each other for our amusement.  Somehow the same system cannot find the money to provide fresh fruit to needy kids before school, or funds to hire more teachers to teach them, or a living wage for the janitors who clean up after them at the end of the […]

Drinking the Kool-Aid

On a recent trip to the grocery store my daughter spotted a colorful Kool-Aid display, strategically placed at the eye level of a five-year old.  I generally resist her demands to buy  everything she sees at the store but the product placement professionals are much better at this game than I am. In any case, […]