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By Rachel Goldfarb, originally published on Next New Deal

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CEO Pay Up by 937% Since 1978. That of the Typical Worker? 10.2% (AJAM)

Peter Moskowitz looks at a new study from the Economic Policy Institute, which finds that CEO pay is even outstripping the earnings of other members of the top 0.1 percent.

  • Roosevelt Take: In his new white paper, William Lazonick explains how the explosive growth of CEO pay destabilizes the economy.

U.S. Struggles to Draw Young, Savvy Staff (WSJ)

Officials worry about government's ability to succeed in a digital world when the percentage of its employees younger than 30 has hit an eight-year low, writes Rachel Feintzeig.

How Justice Scalia Could Become the Savior of Public Employee Unions (LA Times)

Michael Hiltzik says the reliably conservative Supreme Court Justice's past statements on public sector unions show that he could be the key vote for unions in Harris v. Quinn.

The Damage of Poverty is Visible as Early as Kindergarten (Vox)

Danielle Kurtzleben writes about new research that shows an achievement gap between poor, near-poor, and middle-class kindergarteners, which can have lifelong consequences.

How Women Are Shaping the Labor Movement and Winning Big (The Nation)

Dani McClain speaks to Sheila Bapat about her new book on the rise of organizing among domestic workers, who are excluded from many basic labor protections.

Remember the Problems With Mortgage Defaults? They’re Coming Back With Student Loans (NYT)

Susan Dynarski draws parallels between the mortgage crisis and student debt, with particular concerns about loan servicers who have little incentive to prevent default.

New on Next New Deal

Teachers and Tutors Can't Fix All of Low-Income Students' Problems

Summer Academy Fellow Casey McQuillan explains how public policy failures that held back the students he tutored led him to the Campus Network.

Originally posted to Daily Kos Economics on Fri Jun 13, 2014 at 05:06 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  TELSA MOTORS technology now open source ! (1+ / 0-)
    Recommended by:

    Elon Musk of Tesla Motors  announced that Tesla would no longer assert patent rights that it had previously displayed with pride.  Yesterday, there was a wall of Tesla patents in the lobby of our Palo Alto headquarters. That is no longer the case. They have been removed, in the spirit of the open source movement, for the advancement of electric vehicle technology.

    Given that annual new vehicle production is approaching 100 million per year and the global fleet is approximately 2 billion cars, it is impossible for Tesla to build electric cars fast enough to address the carbon crisis.

    We believe that Tesla, other companies making electric cars, and the world would all benefit from a common, rapidly-evolving technology platform.

    Technology leadership is not defined by patents, which history has repeatedly shown to be small protection indeed against a determined competitor, but rather by the ability of a company to attract and motivate the world’s most talented engineers. We believe that applying the open source philosophy to our patents will strengthen rather than diminish Tesla’s position in this regard.

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

    by jeffrey789 on Fri Jun 13, 2014 at 06:24:08 AM PDT

  •  Who Actually Earns $400,000 Per Year? (0+ / 0-)

    I see these types of articles all the time. If you make less than 400,000 dollars a year you don't matter. This is an advertisement for financial services to the 1%.

    Who Actually Earns $400,000 Per Year?
    1. The President
    2. Surgeons and specialists
    3. CEOs
    4. Wall Street Bankers and Lawyers
    Those individuals making $400,000 per year are in the top one percent of the top one percent.

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

    by jeffrey789 on Fri Jun 13, 2014 at 07:10:11 AM PDT

  •  If the Supreme Court essentially (0+ / 0-)

    Outlaws public sector unions it better be overturned as the first case whenever we get a Democratic majority back. And then Citizens United should be overturned. And then national gay marriage. And then outlawing any and all restrictions on abortion. And then they should roll back gun rights to be what the founders intended, so that only state-sponsored militias have a right to own firearms.

    But I doubt any of that will happen, sadly.

  •  Why is 30 (0+ / 0-)

    the cutoff for "tech savy" gov't employees? If you're around 35 you grew up around computers. You've also seen the evolution of them from the dos era onwards. You can look at an old system and possibly see where it is today. You know what has failed or succeeded.

  •  Getting rich (0+ / 0-)

    Getting to the upper echelons of today's American Corporate bureaucracy means all kinds of looting opportunities.  It's a SchnoozeFest.

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