Dean Baker for Truthout: Republicans are up in arms against making it easier for workers to save for individual retirements. The GOP is rigging the system to transfer tens of billions of dollars a year from ordinary workers to their rich friends.
Ordinary US taxpayers are subsidizing excessive CEO pay through a variety of channels. These five reforms could help end these perverse incentives for executive excess.
Michael Hudson is a senior editor at the International Consortium of Investigative Journalists. He is the author of The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America —and Spawned a Global Crisis.