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By Rachel Goldfarb, originally published on Next New Deal

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Joseph E. Stiglitz Calls for Fair Taxes for All (Moyers & Company)

Roosevelt Institute Chief Economist Joseph Stiglitz discusses his paper on overhauling the tax system to combat inequality and strengthen the U.S. economy.

Seven Key Takeaways From Joseph E. Stiglitz’s Tax Plan for Growth and Equality (Moyers & Company)

The Moyers team provides an overview of Stiglitz's plan for corporate tax reform, which would encourage domestic job creation, rein in the financial sector, and more.

How Local Governments Are Using Their Purchasing Power to End Sweatshop Labor (The Nation)

Michelle Chen looks at how cities can use "sweatfree" contract guidelines for purchases like police uniforms to push for fair labor standards around the world.

Stay-at-Home Parenting Is on the Rise Because Mothers Can’t Find Work (Pacific Standard)

When mothers can't find work that covers the cost of child care, they may be forced to stay at home rather than choosing for themselves, says Erin Hoekstra.

Opportunity's Knocks (WaPo)

Eli Salsow profiles Tereza Sedgwick as she studies to becoming a nursing aide, and looks at why the fastest-growing job in the country doesn't offer a clear root out of poverty.

New on Next New Deal

Summer Academy Fellows Come Together for the Fight Against Inequality

Roosevelt Institute | Campus Network Training Director Etana Jacobi explains how the Summer Academy program prepares students to engage in the biggest policy debates of the day.

Originally posted to Daily Kos Economics on Mon Jun 02, 2014 at 05:12 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Some so-called Conservative... (1+ / 0-)
    Recommended by:

    ...about 12-16 years from now is going to "discover" that having some parent stay home while children are at least in Elementary school  - even with taxpayers having to fork over "welfare as we used to know it" - is more beneficial than encouraging that parent to "model the work ethic." And that man will be hailed as some innovative genius...or something.

    Change does not roll in on the wheels of inevitability, but comes through continuous struggle. --Martin Luther King Jr.

    by Egalitare on Mon Jun 02, 2014 at 06:44:50 AM PDT

  •  Piketty will be on The Colbert Report tonight. (1+ / 0-)
    Recommended by:

    If Chris Giles and the FT are trying to claim that, not only is Piketty wrong based on flawed data, but that there is no increase in inequality then they put their own reputation at risk.

    Expressly, a look at the data shows that as nominal economic growth has slowed decade by decade since the 1970s, income and wealth inequality has indeed increased significantly:

    January 15, 2014

    Annualized Growth Rates

    1970 to 1979 Nominal GDP = 10.45%

    1980 to 1989 Nominal GDP = 7.86%

    1990 to 1999 Nominal GDP = 5.48%

    2000 to 2009 Nominal GDP = 3.82%

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Mon Jun 02, 2014 at 04:20:52 PM PDT

    •   Real economic growth has slowed decade by decade (1+ / 0-)
      Recommended by:

      since the 1970s while inequality has significantly increased:

      September, 2013

      Top 1 Percent Income Share in the United States, 1980-2012

      1980 ( 10.02)
      1981 ( 10.02) Reagan
      1982 ( 10.80)
      1983 ( 11.56)
      1984 ( 11.99)

      1985 ( 12.67)
      1986 ( 15.92)
      1987 ( 12.66)
      1988 ( 15.49)
      1989 ( 14.49) Bush

      1990 ( 14.33)
      1991 ( 13.36)
      1992 ( 14.67)
      1993 ( 14.24) Clinton
      1994 ( 14.23)

      1995 ( 15.23)
      1996 ( 16.69)
      1997 ( 18.02)
      1998 ( 19.09)
      1999 ( 20.04)

      2000 ( 21.52)
      2001 ( 18.22) Bush
      2002 ( 16.86)
      2003 ( 17.53)
      2004 ( 19.75)

      2005 ( 21.92)
      2006 ( 22.82)
      2007 ( 23.50)
      2008 ( 20.95)
      2009 ( 18.12) Obama

      2010 ( 19.86)
      2011 ( 19.65)
      2012 ( 22.46)

      -- Thomas Piketty and Emmanuel Saez

      You Don't Happen To Make It. You Make It Happen !

      by jeffrey789 on Mon Jun 02, 2014 at 04:23:57 PM PDT

      [ Parent ]

    •  This is not surprising. Globalization (0+ / 0-)

      has taken from the middle class and has also limited mobility of the lower income earners somewhat.  The growth has all been given away to workers overseas.

      The owners/investors make money no matter who is providing the labor.

      We simply (ha!) need to bring jobs back to America.

    •  Those numbers are useless since they're (1+ / 0-)
      Recommended by:

      not inflation adjusted.

  •  The article on the hot job opportunity (2+ / 0-)
    Recommended by:
    jeffrey789, Alexandra Lynch

    …becoming a nursing aid -- was riveting. From WAPO

    She had made it as far as the career school's parking lot for the December training class and the February class, only to drive away each time in a tangle of anxiety and self-doubt. Now it was March, and here Tereza Sedgwick came again: dressed in the mandatory class uniform of red-and-black scrubs, a lit cigarette dangling in her fingers out the busted window of her '88 Plymouth. She parked in the lot and watched a procession of unemployed workers enter the school building in southeastern Ohio, trying to will herself to join them.

    On her lap sat the textbook for the school's monthly nursing aide class, which she had finished reading two weeks early, filling the margins with handwritten notes.

    "Most stable job ever!" read one.

    "A world of opportunity," read another.

    She had been awake the night before until 2 a.m. with a nervous stomach, and now she reached for a Xanax and swallowed it with the last of her Sprite. How long had it been since she entered a classroom? How many times in life could she summon the courage to start over? She was a few weeks shy of turning 30 - a single mother on the verge of eviction, with a 5-year-old son and a part-time job at McDonald's that paid $8 an hour. The run of failure that she so far had blamed on external forces - bad luck, the Rust Belt, economic collapse - was threatening to become internal, a self-definition she would carry forward into what she called "my actual, this-is-really-who-I-am adulthood."

    ...Now, two-thirds of the region's available jobs related to health care, and Tereza walked into a classroom cluttered with wheelchairs, portable toilets and hospital beds. There were seven other people in the room - all starting over in the tenuous, low-wage recovery of 2014, in which job retraining was no longer a qualification but a prerequisite, and careers were chosen based not on preference but on prescriptions of economic need….

  •  Great to see Stiglitz Part 1 on Moyers this week. (1+ / 0-)
    Recommended by:
    Alexandra Lynch

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