Progressive groups are warning that the Supreme Court may be on the verge of allowing federal candidates to collect multi-million dollar checks from donors.
Speaking to reporters on Monday, attorneys and representatives from the campaign finance watchdog groups Democracy, Public Citizen and Demos all raised the specter of candidates hosting $1 million-a-plate fundraisers in the near future if the Supreme Court strikes down a key provision of campaign finance law.
Have you heard of the Freedom Partners? According to a Politico investigation, the group raised and spent $250 million in 2012 to shape political and policy debates. According to IRS filings, the group has 200 donors, each of whom paid at least $100,000 in annual dues. And while its head, Marc Short, claims that, “our members are proud to be part of [the organization],” they refuse to be publicly identified. So, proud to be a part of it, as long as you don’t know who I am?
Why are social justice organizations up in arms about an upcoming U.S. Supreme Court case involving political contribution limits? It might have something to do with America's widening income inequality, which in many ways is being financed by wealthy campaign donors. A ruling in favor of lifting limits on the amount individuals can contribute would allow the wealthiest of the wealthy to control parties in ways that would make the Great Gatsby proud.
Last week, we highlighted how the outside money group, Jobs for New York, was dominating the New York City Council races. So, how did they do? Not too shabby—of the 20 candidates they supported, 16 won, two are still too close to call, and two candidates were unsuccessful.
Internships have long been a part of building a career trajectory and most students have resigned themselves to the fact that internships will be unpaid. Many college students spend summers interning at various places, hoping to gain some hands-on experience, a few recommendations and some sense of what they would like to do after graduation. However, the unpaid internship is now creeping into life after graduation.[...]
There are a bunch of good, practical arguments for giving low-wage workers a pay hike -- like the fact that putting more money in the pockets of these workers would spur consumer demand and economic growth.
But here's another strong point that you don't hear much about: Reducing wage inequality is crucial to meeting America's long-term fiscal challenges.
Washington DC needs jobs. When D.C. Mayor Vincent Gray made this point at a press conference this week, he may not have realized he was making a strong case in favor of the Large Retailer Accountability Act.
Here’s another example of how money corrupts the electoral system: a pro-business special interest group has spent almost $7 million on New York City Council races.
Paying workers more would lead to lower profits and layoffs for America's biggest corporations, right? Not necessarily.
Critics of a minimum wage hike cite a commonly held belief that forcing low-paying employers such as Wal-Mart to boost compensation would lead to greater economic suffering. Higher labor costs, they argue, would require higher prices, prompting layoffs and more pain.
Most research on rising economic inequality focuses on growing wage gaps between different groups of workers. But of course that is only part of the story. Just as important is the division of the national economic pie between profits going to capitalists and the “labor share” that includes all of the wages and benefits earned by workers.
We famously live an age of capital, where those who own businesses or other assets are prospering, while most people who rely on the value of their labor are doing terribly.
After decades of seeing their incomes shrink, those at the bottom of the economic ladder are starting to band together and fight back — and it’s one of the most important economic stories of our time.
If there’s one thing you can say about Art Pope, North Carolina’s mega-donor, it’s that he is a man on a mission. Unfortunately, his mission is to use his wealth to make voting more difficult and restrictive and continue the outsized role money plays in politics.
Fast food workers in over 50 cities across the nation are striking on Thursday in what organizers are touting as the largest ever strike to hit the industry.
The workers are demanding $15 an hour and the right to unionize, continuing the calls and momentum of a series of strikes that first started in November of 2012.
Fast food companies keep employees at poverty-level wages while reaping billions of dollars in profits. It drives inequality, slows growth, and lowers living standards.
If I were a top executive in the retail or restaurant industries, or one of their hired guns in Washington, I'd be very nervous right now.
Tomorrow will see what may be the first-ever national strike against restaurant and retail chains, with workers expected to walk off the jobs in 35 cities -- including at retail giants like Sears, Macy's, and Walmart.
In the spring of 1968, the Rev. Martin Luther King, Jr. traveled to Memphis, Tennessee, to join sanitation workers seeking better pay, fairer treatment and the right to form a union.
I was with Dr. King as he stood with workers, all African-American, all fighting years of labor repression and wages that relegated them to poverty. Dr. King was assassinated on that trip to Memphis. His death, just as the images of workers carrying signs reading, "I am a man," is forever seared in my memory.