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By Rachel Goldfarb, originally published on Next New Deal

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Ferguson's Race Injustices Have Their Roots in Economic Inequality (The Guardian)

Suzanne McGee ties the situation in Ferguson, MO to the severe economic inequality facing the Black community in the U.S., which she says limits Black access to political power as well.

Meet the Ordinary People Who Are Mobilizing Around Monetary Policy (WaPo)

Activist groups concerned with democratizing the discussion of monetary policy are sending low-wage workers to speak a Federal Reserve conference in Wyoming. Ylan Q. Mui reports.

The Tax Dodge That Has Plagued the U.S. for More Than a Decade (The Atlantic)

Joe Pinsker looks at the history of companies looking to reincorporate abroad to dodge U.S. corporate income taxes, and explains how the process has changed (and yet not) in the past decade.

  • Roosevelt Take: Roosevelt Institute Chief Economist Joseph Stiglitz proposes a full slate of corporate income tax reforms in his latest white paper.

Lagging Demand, Not Unemployability, Is Why Long-term Unemployment Remains So High (EPI)

In a new report, Josh Bivens and Heidi Shierholz argue that long-term unemployment is still a component of cyclical weakness in the economy from the recession, rather than a structural shut-out.

How to Save the Net: Don’t Give In to Big ISPs (Wired)

Netflix CEO Reed Hastings calls on the Federal Communications Commission to expand its focus to regulate the relationships between companies like his and the Internet service providers.

OSHA fines company $1M for violating truckers' hours-of-service rule (The Hill)

The Occupational Safety and Health Administration's fine is about protecting workers and the public, reports Tim Devaney. Trucker rest rules are in the limelight after high-profile crashes.

San Diego Defies Mayor, Raises Minimum Wage (CNN Money)

Katie Lobosco reports that the city council overturned the mayor's veto, approving a gradual minimum wage hike that ties the wage to inflation, as well as paid sick leave.


Originally posted to Daily Kos Economics on Wed Aug 20, 2014 at 05:21 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  EPI article is very imformative, thanks (3+ / 0-)
    Recommended by:
    jbob, Amber6541, GreyHawk

    It explains how austerity has increased inequality and kept wages down.

    “Industry does everything they can and gets away with it almost all the time, whether it’s the coal industry, not the subject of this hearing, or water or whatever. They will cut corners, and they will get away with it. " Sen. Jay Rockefeller, D, WVa

    by FishOutofWater on Wed Aug 20, 2014 at 07:14:16 AM PDT

  •  Corporate personhood. (2+ / 0-)
    Recommended by:
    GreyHawk, Dave925

    Hmmm, let's see about that.

    Corporations want to be treated like people with all the rights and privileges. Presumably the responsibilities, too.

    If I go live abroad, I still have to pay US income taxes. Why shouldn't American corporations?

    If I renounce my citizenship, I can no longer reside in the US, unless I am accepted as a documented immigrant. Why shouldn't corporations lose their US residency rights, which means their offices, stores, warehouses, etc.?

    The 99% are watching.

    by unclejohn on Wed Aug 20, 2014 at 07:40:17 PM PDT

  •  do you think if (1+ / 0-)
    Recommended by:
    GreyHawk

    the educated in the community had worked on getting its citizens to vote for better leaders, things could have been improved, and not become the country's problem?

  •  Is it time to levy charges of domestic terrorism (0+ / 0-)

    against those officers who intentionally remove, hide or obscure their identities and then threaten violence against people & the press?

    A Clear and Present Danger

    Share your thoughts in the diary above, or at least in the poll within.

    Thanks.

  •  gsree (0+ / 0-)

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  •  De-urbanization? (0+ / 0-)

    Ferguson has brought up the issue of white flight to the suburbs after the 1970s and urban decay. More recently, a lot of urban centers have talked about gentrification and upscaling. The geographic argument for staying in cities was the diversity of employment available and the giant anthill of money and success that might be climbed. The most savvy, however, now seem to be moving to the country, using telecommuting and efficiency apartments to cut time in the city to two or three days a week and making it possible to live considerable distance from the corporate or institutional office. This is not just an emerging issue in the US or Europe, de-urbanization seems to be taking place even in India and China (and Chinese are crazy about city-living, 54% of the entire population). When cities make you landless, dirty and vulnerable, it's time to find a smaller anthill.

    It is not easy to see what you are not looking for, or to know what it is you do not know.

    by kosta on Thu Aug 21, 2014 at 02:04:27 AM PDT

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