Wednesday, June 7, 2023

Tag: Corporate America

Median pay of top US CEOs jumped to record $22.3 million...

Analysis has shown companies have used inflation as an excuse to unnecessarily raise prices and have pocketed the increased profits.

‘Illegal corporate price-fixing’ is rampant in US economy: Report

"Oligopolies are not just a cause of inflation. They exacerbate social and economic inequality, and thus weaken democracy."

Imagine a world where CEOs get paid $3 million a year

Being a well-paid CEO means something very different today than it did fifty years ago.

This one thing would increase wages by $300 billion 

Non-compete agreements block workers from seeing higher wages or better working conditions. And they enlarge corporate monopoly power by stifling competition.

Capitalism’s Conclusion, Part I: What the Ohio train derailment exposed

The recent derailment of trains in East Palestine isn’t just a once-in-a-generation environmental disaster, it's what will continue to happen when profit is put above public health.

The truth about corporate subsidies

Large American corporations shouldn’t need government subsidies to do what’s right for America.

The little secret about corporate profits

The power of big corporations to raise their prices higher than their costs are rising.

Before COB on the first workday of 2023, CEOs will make...

In less than seven hours on the first workday of the New Year, a typical CEO will have made as much as the average U.S. worker will make all year.

The monsters of American capitalism

Three of its prime exemplars: Trump, Bankman-Fried's, and Musk!

How major southeast utilities paid local media for favorable coverage

This is an example of how big money can interact with the decline in local journalism to spread false or misleading information, including about the climate crisis and appropriate solutions.

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When 3 men richer than 165 million people, Sanders says working class must ‘come...

Big-money special interests "want to divide us up," said the independent senator at a living wage rally in South Carolina, "and we are determined to bring working people together."

Trump’s repeat “birthright citizenship” babble: Dead wrong on the facts, the law and amendments

Trump’s latest scam again pushes the envelope to find new ways for this loser to lose again.

Could we actually end the CEO defense contractor gravy train?

FDR put the kibosh on military contractor windfalls during World War II. We could do the same.

Prayer helped me survive poverty, but I needed government help too

Our social safety net is flawed but vital. Let’s work together to protect it from political attacks.

‘Globally significant moment for ocean conservation’: Australia to phase out gill net fishing in...

“The removal of gillnets in net-free zones on the reef has already helped boost local fish populations. We want to see this happen right across the reef.”