Salvatore Babones (@sbabones) is a senior lecturer in sociology & social policy at the University of Sydney and an associate fellow at the Institute for Policy Studies (IPS).
Department of Sociology
& Social Policy
R.C. Mills Building A-26
The University of Sydney
NSW 2006 AUSTRALIA
sbabones@inbox.com
The problem isn’t growth – The problem is inequality
Originally published at: http://inequality.org/problem-growth-inequality/ ...While the economy has taken off, jobs and wages are still below 2008 levels. Economic growth is feeding into corporate profits and CEO pay, not into ordinary people’s paychecks. READ MORE
The death of the great American middle class
Originally published at: http://www.debtdeflation.com/blogs/2012/02/28/the-death-of-t ...How can it be that the typical American adult makes just $26,134 when America is the richest nation on Earth? The answer is that a few high-income Americans gain the lion’s share of America’s national income. READ MORE
Should we reduce the corporate income tax?
Originally published at: http://inequality.org/reduce-corporate-income-tax/ ...The government needs money to run, and we have to tax someone – either individuals or corporations. Put simple, it’s people versus corporations. READ MORE
Federal workers should not have to pay for the Social Security tax cuts
Originally published at: http://inequality.org/federal-worker-pay-social-security/ ...Social Security taxes are some of the most unfair in America. Now its the federal workers being targeted. Their pay has already been frozen for 2011 and 2012, however Congress plans to cut government contributions to federal worker retirement plans. READ MORE
U.S. income distribution: Just how unequal?
Originally published at: http://inequality.org/unequal-americas-income-distribution/ ...With inequality now a front-page issue, the stats that measure inequality have taken on a new importance. And no inequality stat has a longer pedigree – or more confusion surrounding it – than the ‘Gini coefficient.’ READ MORE
The real Social Security crisis
Originally published at: http://www.otherwords.org/articles/the_real_social_security_ ...It may be difficult to face facts in an election year, but the fact is that Social Security retirement benefits are just too low. READ MORE
To grow the realonomy, tax and spend
Originally published at: http://inequality.org/tax-and-spend/It’s time to tax and spend our way out of the recession. Tax and spend – these three words are now the key to economic recovery in America’s Realonomy. READ MORE
As the plutonomy powers ahead, the “realonomy” remains in recession
Originally published at: http://www.truth-out.org/plutonomy-powers-ahead-realonomy-re ...It’s only the Plutonomy that’s growing like crazy while the Realonomy has been in recession since 1999. It’s government’s job to redirect some of that growth to the other 99 percent. READ MORE
