Co-published by Fast Company
My young father’s blue-collar jobs were his escalator into California’s middle-class. The rising cost of living has put an end to such opportunities.
This week Capital & Main launches an ongoing project focusing on the broken economics of what is, according to one recent MIT analysis, America’s most expensive state.
For the past year Capital & Main has produced a wide range of coverage of Janus v. AFSCME. Below we offer a comprehensive primer on the case, its origins and its potential implications.
It’s summer and gasoline prices have peaked — a certain sign that it’s vacation time. Except for those who don’t get vacations or, worse, get them but don’t take them. Since about a quarter of this country’s workforce earns only minimum wage or holds down a job (or two) at less than full-time hours, a […]
My friend, mentor and colleague, Rev. James Lawson, calls our economic system “plantation capitalism.” Lawson was the nonviolent strategist for Martin Luther King Jr. during the civil rights movement and the key figure in the desegregation of Nashville. His reference, of course, pulls forward the image of enslaved field workers in the Old South. The […]
An unlikely source – the Wall Street Journal – has profiled in disturbing detail California’s widening gap not “just between rich and poor but also between rich and middle class.” According to the paper, upper income families in California – defined as “the upper 10 percent” – now earn 12 times as much as lower income […]