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“This view that college pays off and that most people pay off their loans, is narrow and tragically flawed,” Heulsman said in his opening remarks. “This is a crisis of equity, it’s a crisis of opportunity and we’ll argue it’s a crisis for the economy.”

The implications of a state labor board's July 22 decision to raise the minimum wage for fast-food workers to $15 an hour from $8.75 are clear: Other industries with low-wage workers could find themselves facing a similar pay hike soon. Next up is likely the retail industry, followed by home care

The dominance of big money in our politics makes it far harder for people of color to exert political power and effectively advocate for their interests as both wealth and power are consolidated by a small, very white, share of the population.

...while fast food may be an extreme case, it is hardly the only industry – in New York or nationwide – where front-line workers are underpaid and inequality is metastasizing. In fact, our economy is increasingly built on job growth in the most unequal industries: a trend that concentrates more and

Demos Vice President of Policy and Research Tamara Draut issued the following statement: "After two months of deliberations, hearings, and moving testimonies, the wage board created by Governor Cuomo voted yesterday to recommend a wage increase in a series of steps to $15 an hour by 2018 in New York

Chanting "$15.00 and a union," thousands of federal contract workers walked off their jobs yesterday, led by the Senate's cafeteria workers who serve Senators their food. They were joined by Senator and presidential candidate Bernie Sanders, and members of the Congressional Progressive Caucus, led

The New York fast food wage board today recommended a wage increase in a series of steps to $15 an hour by 2018 in New York City and by 2021 in the rest of the state.

Demos President Heather McGhee issued the following statement:

Entire movements are based around these economic realities: the minimum wage is too low to live on. Eligibility for overtime pay must be broadened so that workers are fairly compensated for all of the time they work. Basic workplace standards need to be improved.

The missing link in the inequality debate is not financial stability, but financial domination of the broader economy, what has come to be called “financialization.” Financialization, as a new Demos report demonstrates, is not only measurable by risk and volatility or by the mere expanding volume of