#wealth-and-race

#wealth-and-race

"There are very real economic forces that are limiting the options for non-college-educated men in the United States. Some of what we're seeing is simply rational responses to a system that's pricing them out."

Billionaireism describes both the pathology that affects you when you are so wealthy that you're effectively above consequences and above moral consideration for others, and the pathologies that having a society dominated by such people inflicts on the rest of us.

The report contends that the lower rungs of the middle class shrank because more Americans got richer, with 31% of families classified as upper middle class in 2024.

Since last year, more than 100 schools have ended partnerships with the PhD Project, a group founded in 1994 to diversify the pipeline of students who aspire to become business school professors. That came after the U.S. Department of Education last March announced probes into 45 universities that partnered with the group. More than a dozen of those schools have quietly reached agreements with the administration to resolve the investigations.

Growing up outside Manchester, I remember watching my mum count out exact change at the supermarket checkout, keeping a running total in her head as she shopped. Meanwhile, my university roommate would just toss things in his trolley without a second thought. That's when it hit me: Financial security isn't just about having money. It's about the mental space that money creates.

About 500 seniors live at Sinai Residences in Boca Raton, Florida, including many Holocaust survivors. Recently, some of them asked if they could hide the building's Haitian staff in their apartments. "That reminds me of Anne Frank," Rachel Blumberg, president and CEO of the center, told the Jewish Telegraphic Agency. "There's a kindred bond between our residents being Jewish and seeing the place that the Haitians have gone through."

Drawing from years in public defense and her work co-founding Partners for Justice, she explains why the criminal legal system often punishes instability rather than crime - and how policy choices, not individual morality, frequently determine who enters the system.

After her partner was sentenced to 22 years in jail at age 17, Harris experienced life as a young Black mother fighting to keep her family intact while navigating the justice system. "The first five years were the most difficult for him because he felt his life was over," she said. "Twenty-two years ... when you are a teenager sounds like a lifetime."