America’s open secret: Racism and white supremacy

Source: Daily Sabah Racism and white supremacy are deeply rooted in America’s social, cultural, political, economic and religious structures. American society is racially stratified with economic resources and foundational relations defined and shaped by it. Indeed, the racial hierarchy was embedded in society before America became America and it has never been undone despite claims of progress coming on the … Read more America’s open secret: Racism and white supremacy

Ikea to hike minimum wage to $10 an hour

Source: CNN Money Ikea will boost its minimum wage to $10 per hour next year, the company said Wednesday. The company’s new $10 minimum will be a 15% hike from existing pay, while some workers will make more than $14 an hour. Ikea’s wages vary from store to store depending on the local cost of living, thanks to a new … Read more Ikea to hike minimum wage to $10 an hour

Top-CEO Pay Isn’t Driven By Talent, New Study Says

Source: Wall Street Journal The rapid rise in pay for corporate executive officers, which stands in contrast to the stagnant wages of many Americans, is a key driver of inequality that’s not clearly tied to talent or performance, a new report from a liberal think tank finds. The Economic Policy Institute report says this means CEO pay could be reduced … Read more Top-CEO Pay Isn’t Driven By Talent, New Study Says