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Salvatore Babones is a senior lecturer in sociology and social policy at the University of Sydney in Australia and an associate fellow at the Institute for Policy Studies (IPS) in Washington, DC.
(7 comments) SHARE Saturday, November 9, 2013 Economic Statistics Myths-- That Growth Benefits All
This year's fast GDP growth underlines one of the great myths of economic statistics: the myth that growth benefits everyone, or at least most people.
(3 comments) SHARE Friday, September 13, 2013 Jobs
People need jobs. Put them to work. It's that simple.
(2 comments) SHARE Thursday, July 11, 2013 Inequality and the Rich
The top 0.5% of Americans are about 1.5 million people. And by definition they're the 1.5 million richest and most powerful people in the country.
(4 comments) SHARE Sunday, May 19, 2013 Inequality and Growth
The inequality and growth debate is a red herring. It just doesn't matter. The problem is inequality, and its solution is simple.
(7 comments) SHARE Thursday, April 4, 2013 Government Exists to Serve the People, not the Privileged
Call it vote-buying if you want, but when a government effectively buys the votes of 80 or 90 percent of the population, I call that government of the people, by the people, for the people.
(2 comments) SHARE Friday, March 29, 2013 How Inequality Corrupts Society
The corrupting influence of inequality isn't confined to politics. It is everywhere.
(13 comments) SHARE Sunday, March 24, 2013 The Great Cyprus Bank Robbery
To make bank depositors pay for a bank bailout is sheer robbery. There is no other word for it.
(10 comments) SHARE Wednesday, February 27, 2013 Britain Comes Clean on Slave Fortunes
British government funded research is unveiling which of today's British fortunes are directly tied to slave ownership. America should follow suit.
(12 comments) SHARE Sunday, February 10, 2013 The Problem Isn't Growth; the Problem Is Inequality
How can things be so much worse now when the economy is essentially in the same place it was five or six years ago? The answer in two words is: Rising inequality.
(4 comments) SHARE Monday, January 21, 2013 To Save Social Security, Raise the Minimum Wage
We have at least twenty years to rebuild the Social Security trust fund. If we raise minimum wages now, we can start rebuilding the fund now.
(1 comments) SHARE Tuesday, January 1, 2013 Who Won in the Fiscal Cliff Deal?
Who won in the fiscal cliff deal? The lawyers, the doctors, the dentists, the middle managers, the advertising executives, the whole MBA crowd.
(13 comments) SHARE Sunday, December 30, 2012 Government Keeps Us Rich
Do we need more free markets and more privatization? Economists say yes. History says no.
(68 comments) SHARE Thursday, December 27, 2012 There Is no American Left
Why are the only two choices in US politics--the responsible center-right and the barbarian nationalist extreme? It wasn't always this way.