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Opinion & Analysis

Chris Hedges: Papering Over the Rot

The staggering concentration of wealth at the top has deformed our governing institutions — new window dressing will not end oligarchy.

by Chris Hedges

Protests Against Greed and Inequality Are Spreading Like Wildfire Through Latin America

Historic protests are taking place across Latin America as people take to the streets to voice their displeasure at the IMF, government corruption, and the spread of fascism.

Protests Against Greed and Inequality Are Spreading Like Wildfire Through Latin America

With attention fixed on this week’s events in Bolivia, you would be excused for not realizing that much of the rest of the region has for weeks also been ablaze in the flames of protest. In Costa Rica, the neoliberal coalition government of Carlos

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Alan Macleod

Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. He has also contributed to FAIR.org, The Guardian, Salon, The Grayzone, Jacobin Magazine, and Common Dreams.

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Fed Study on Household Wealth Reveals Troubling Trends in American Inequality

America’s rich are getting even richer and the poor even poorer, with millionaires and billionaires now holding an unprecedented 79% of all household wealth.

Fed Study on Household Wealth Reveals Troubling Trends in American Inequality

Millionaires and billionaires hold a remarkable 79.2 percent of the United States’ household wealth. That is according to a newly released triennial study into consumer and household finances from the Federal Reserve. The report

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Alan Macleod

Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. He has also contributed to FAIR.org, The Guardian, Salon, The Grayzone, Jacobin Magazine, and Common Dreams.

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Top 1% Responsible for Double the Carbon Emissions of Bottom Half: Oxfam

If the wealthiest ten percent of society continue to live as they do, the world’s entire carbon budget will be blown by 2033, even if all other emissions drop to zero.

Top 1% Responsible for Double the Carbon Emissions of Bottom Half: Oxfam

A new report published today by international charity Oxfam lays bare the massive disparities in carbon dioxide emissions between the world’s wealthy elite and the rest of society. Titled “Confronting Carbon Inequality,” the study

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Alan Macleod

Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. He has also contributed to FAIR.org, The Guardian, Salon, The Grayzone, Jacobin Magazine, and Common Dreams.

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“A Disturbing Milestone”: America’s Top 12 Plutocrats Now Own $1 Trillion in Wealth

New figures from the Institute for Policy Studies show that, despite a pandemic that has stunted the economy for months, America’s billionaire class is becoming richer than ever, adding nearly $700 billion to their fortune since the nationwide lockdown in March.

“A Disturbing Milestone”: America’s Top 12 Plutocrats Now Own $1 Trillion in Wealth

For the first time in history, the 12 richest individuals in the United States collectively hold over $1 trillion in wealth. New figures from the Program on Inequality and the Common Good at the Institute for

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Alan Macleod

Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. He has also contributed to FAIR.org, The Guardian, Salon, The Grayzone, Jacobin Magazine, and Common Dreams.

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Wealthy San Franciscans Raising Money to Block Homeless Shelter is Latest Example of Rich Disintegrating Society

The irony of wealthy Silicon Valley employees trying to block a local homeless shelter, as CBS notes, is that homelessness is on the rise in the Bay Area in no small part owing to Silicon Valley itself.

Wealthy San Franciscans Raising Money to Block Homeless Shelter is Latest Example of Rich Disintegrating Society

SAN FRANCISCO -- Residents of San Francisco’s South Beach are organizing to stop a homeless shelter in their affluent neighborhood, having crowdfunded tens of thousands of dollars in a matter of days to fight

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Alan Macleod

Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. He has also contributed to FAIR.org, The Guardian, Salon, The Grayzone, Jacobin Magazine, and Common Dreams.

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The Dow of Inequality: Counting the Casualties of America’s Class War

The neoliberal approach to handling a dire economic downturn may soon produce a political crisis, reminiscent of the debt crisis that led to Hitler’s rise 80 years ago. The political class seems to be taking note: the stark inequality reflected in the soaring stock market and shrinking paychecks is unsustainable.

The Dow of Inequality: Counting the Casualties of America’s Class War

NEW YORK -- The revelation that the Dow Jones industrial average and the Standard and Poor's stock index closed at historic highs this past Thursday afternoon reminded me of an early autumn afternoon a dozen years ago in a glorious San Francisco apartment high in the

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Jon Jeter

Jon Jeter is a published book author and two-time Pulitzer Prize finalist with more than 20 years of journalistic experience. He is a former Washington Post bureau chief and award-winning foreign correspondent on two continents, as well as a former radio and television producer for Chicago Public Media’s “This American Life.”

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