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.
Dilip Hiro is the author, among many other works, of After Empire: The Birth of a Multipolar World. (Nation Books), His 36th and latest book is The Age of Aspiration: Power, Wealth, and Conflict in Globalizing India (The New Press).