Silicon Valley to millennials: Drop dead – CNN.com

Story highlights David Wheeler: Silicon Valley doesn’t create jobs; it’s wiping out middle-class jobs Young college graduates are struggling with lack of jobs, yet many still idolize Silicon Valley Silicon Valley is tossing millennials aside like yesterday’s laptop. The commonly held belief is that with hard work and a good education, a young person in…

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If You Own a Pitchfork, You Will Grab It When You See This Chart | Mother Jones

This statistic provides a pretty compelling snapshot of the severity of our income gap: In 2014, Wall Street’s bonus pool was roughly double the combined earnings of all Americans working full-time jobs at minimum wage. That sobering tidbit came from a new Institute for Policy Studies report by Sarah Anderson, who looked at new figures from the…

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One chart that shows just how ridiculously huge Wall Street bonuses are – Vox

Late last week, we reported that the average Wall Street bonus totaled nearly $173,000 in 2014. Altogether, New York City’s nearly 170,000 securities industry employees took home $28.5 billion in bonuses, according to the New York Office of the State Comptroller. Shortly after the release, the left-leaning Institute for Policy Studies released a report showing that those…

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New York’s First Micro-Apartments, Prefabricated in Brooklyn – NYTimes.com

Continue reading the main story Slide Show close media-action-overlay close image Assembling Micro-apartments CreditChang W. Lee/The New York Times Continue reading the main story Continue reading the main story Enter neighborhood, city, zip or address Select minimum price Min Price100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 550,000 600,000 650,000 700,000 750,000 800,000 850,000…

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Greek bailout crisis: Athens threatens to seize German assets ‘as compensation for Nazi war crimes’ – Europe – World – The Independent

The threat, made by the Greek justice minister and reported in the daily Kathimerini newspaper, has been supported by Prime Minister Alexis Tsipras, who told the Greek parliament he would pursue the “very technical and sensitive” matter. Justice minister Nikos Paraskevopoulos has reportedly called for “war reparations, the repayment of a forced loan and the…

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The South Bronx isn’t falling for Fresh Direct’s dirty trucks | Grist

The South Bronx isn’t falling for Fresh Direct’s dirty trucks .article-header Another day, another tale of social and environmental injustice. This one takes us to the South Bronx, where residents are trying to keep Fresh Direct, a popular food delivery service, from setting up shop in their neighborhood and flooding their streets with delivery trucks….

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Much of women’s work is unpaid – but without it, the economy would crumble

We don’t normally think of unpaid work as relevant to the economy. Housework – the cycle of cooking, cleaning, wiping, soothing, ironing that forms the daily life of so many women around the world (and yes, the emergence of the New Man notwithstanding, it is still women who do the vast bulk of unpaid work)…

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The terrible loneliness of growing up poor in Robert Putnam’s America – The Washington Post

Political scientist Bob Putnam is photographed at the Harvard Kennedy School of Government. Putnam recently wrote a book about the inequality of opportunity for children titled “Our Kids.” (Damian Strohmeyer for The Washington Post) SWARTHMORE, Penn. — Robert Putnam wants a show of hands of everyone in the room with a parent who graduated from…

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