Some quotations from Greed and Good

Some quotations from Greed and Good; I have now upgraded this from rec. reading to required reading---all 700 pages!!  Sam is an expert on economic inequality/oppression and he even includes a brief but excellent section on the OT Jubilee:

J. P. Morgan, the grandest capitalist of the late nineteenth century . . . insisted on a twenty-to-one pay ratio between workers and top executives. . . . Peter Drucker consistently championed the notion that pay ratios between workers and executives ought to be kept within a fifteen-or-twenty times range.  [Pizzigati rec. 10-1 ratio]

Colleges and universities took Title IX to heart.  They really had no choice.  Most couldn't survive a semester without federal support. . . . All America benefited.

American private enterprises currently face no negative consequences for choosing inequality.  These enterprises can pay their workers pittances and their executives millions---and still merrily collect our tax dollars [billions in subsidies].  Why should we let them?

To keep current on economic inequality, subscribe to Sam Pizzigati's online newsletter, Too Much: on excess and inequality.  To keep current on the racial wealth gap, google IASP, Thomas Shapiro, a top-notch sociologist and the nation's expert on the racial wealth gap.  See the Feb., 2013 article "The Roots of the Widening Racial Wealth Gap."