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10 Principles of Concentration of Wealth and Power

“Requiem for the American Dream” is a timely 75-minute teach-in by Noam Chomsky, the M.I.T. linguistics professor who has been a leading leftist political analyst, critic and writer for six decades. Mr. Chomsky, already the subject of several documentaries, focuses here on an election-season theme: financial inequality in America and what he calls its corrosive …

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Pope Francis: Don’t Believe the Hype!

The hype surrounding the new Pope has to stop. There’s nothing progressive about Pope Francis. Whatever the TV or your friends are repeating is false or completely out of context. Let me walk you through some of the most talked-about points: Homosexuality We all heard the now famous line from the Pope when asked about …

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Research Shows Rich Getting Richer Makes Poor Poorer

Searching for the Supposed Benefits of Higher Inequality: Impacts of Rising Top Shares on the Standard of Living of Low and Middle-Income Families Jeffrey Thompson | Elias Leight | 6/21/2011 | Political Economy Research Institute In 1980, the richest 10 percent of Americans received 33 percent of the nation's income. Today, that same 10 percent …

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Wealth Gaps Rise to Record Highs Between Whites, Blacks, Hispanics

by Rakesh Kochhar, July 26, 2012, Pew Research Center The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009. These lopsided wealth ratios are the largest since the government began publishing such …

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