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By GREGORY N. HEIRES Retailers bemoan the estimated $14.4 billion they lose each year to shoplifting. What they don’t like to acknowledge is that they steal more than that amount—an estimated $15 billion—by paying their workers less than the minimum … Continue reading
By GREGORY N. HEIRES The racial wealth gap persists—with little hope of narrowing anytime soon. Today, the disparity in household wealth between whites and blacks is a national disgrace. In 2013, the average household wealth of blacks was $85,000 compared … Continue reading
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By GREGORY N. HEIRES Union-busting law firms and right-wing groups charge that unions are fleecing members through mandatory dues charges. What’s worse, they say, workers get little back for their contributions. “Union Dues Are A Prohibitively Bad Investment” blared the … Continue reading
By GREGORY N. HEIRES It’s always eye-opening to look at the divide between Wall Street and Main Street. The income gap gives you a sense of the depth and cost of inequality in the country, where an estimated 42 percent … Continue reading
By GREGORY. HEIRES Small government advocates tout privatization as a way to reduce costs and improve services in the public sector. But around the country, the privatization of state and local government services has a shoddy track record. Governments started … Continue reading
By GREGORY N. HEIRES The gig economy is receiving a lot of attention these days as online businesses like Uber car service and Airbnb Inc. hoteliers prosper. Optimists predict online businesses will continue to grow rapidly and workers will increasingly … Continue reading
By GREGORY N. HEIRES Over a 30-year career, union representation can mean an additional compensation of at least $1 million for a full-time professor at public regional universities, according to a recent study. The study is good news for adjuncts … Continue reading
By GREGORY N. HEIRES Inequality around the world is deepening as the international elite sets the rules of the global economy, which allows them to accumulate vast wealth and income at the expense of everyone else. The widening inequality stifles … Continue reading
By GREGORY N. HEIRES The middle class is dwindling as the polarization between the rich and the poor in the United States deepens. Middle-income Americans used to outnumber lower- and upper-income Americans four decades ago. But that’s no longer true. … Continue reading
Plutocracy U.S.A. By GREGORY N. HEIRES Let’s be honest: The United States has become a plutocracy. Reports about inequality typically focus on the country’s growing income gap, now the most skewed since the Great Depression. But the country’s class and … Continue reading