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Disney, Stieglitz and Others Criticize Excesses of Billionaires and Uber-Wealthy

NNPA NEWSWIRE — “It is time to call out the men and women who lead us and to draw a line in the sand about how low we are prepared to let hard-working people sink while top management takes home ever-more-outrageous sums of money,” Disney Heiress Abigail Disney wrote in a recent op-ed in the Washington Post. “It is unreasonable to expect corporate boards to act as a check on this trend; they are almost universally made up of CEOs, former CEOs and people who long to be CEOs.”

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By Barrington M. Salmon, NNPA Newswire Contributor

Disney Heiress Abigail Disney is the latest critic of the vast disparity between workers and business executives to level intense and passionate criticism at a system that allows CEOs to rake in unbelievable amounts of cash, stock options and benefits while ordinary workers languish in stagnation.

In tweets and a recent op-ed in the Washington Post, Disney excoriated Disney CEO Bob Iger who made $65 million in 2018, which is 1,424 times greater than the median income of the average Disney worker.

“It is time to call out the men and women who lead us and to draw a line in the sand about how low we are prepared to let hard-working people sink while top management takes home ever-more-outrageous sums of money,” Disney wrote in the opinion piece. “It is unreasonable to expect corporate boards to act as a check on this trend; they are almost universally made up of CEOs, former CEOs and people who long to be CEOs.”

“To put that gap in context, in 1978, the average CEO made about 30 times a typical worker’s salary. Since 1978, CEO pay has grown by 937 percent, while the pay of an average worker grew just 11.2 percent. This growth in inequality has affected every corner of American life.”

Disney, granddaughter of Roy Disney, co-founder of the legendary company with his brother Walt, is a philanthropist, activist, founder of Peace is Loud and co-founder of Level Forward, a start-up that backs media projects of women and people of color to develop films, podcasts, stage shows and related projects.

“At the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she said. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

Disney appealed to the moral conscience of the Walt Disney Co. leadership.

“Lead. If any of this rings any moral bells for you, know that you are uniquely situated to model a different way of doing business,” she wrote. “… You do not exist merely for the benefit of shareholders and managers. Reward all the people who make you successful, help rebuild the American middle class and respect the dignity of the men and women who work just as hard as you do to make Disney the amazing company it is.”

Nobel Prize-winning Economist Joseph E. Stiglitz agreed with Disney, telling Democracy Now’s Amy Goodman and Juan Gonzalez in an April 24 interview that capitalism hasn’t been working for most Americans for the last 40 years.

“She’s absolutely right. You mentioned that in the late ’70s it was 30 to one, on average; today it’s over 300 to one,” said Stiglitz, a Columbia University professor, professor and chief economist at the Roosevelt Institute and former chairman of the Council of Economic Advisers under President Bill Clinton. “And it’s not as if our CEOs have gotten 10 times as productive in those intervening years. It’s not as if—you know, American CEOs get paid so much more than their workers relative to those in Europe and even more relative to those in Japan. And it’s not because our CEOs are that much more productive. It’s because we have a real problem in our corporate governance laws, in our norms, that allow them to take away that much money.”

Stiglitz, author of a new book, “People, Power, and Profits: Progressive Capitalism for an Age of Discontent,” said using CEO bonus money to share the wealth among Disney employees as Disney suggests would make a significant difference to workers.

“That money could also have gone into investment,” he said. “You know, one of the striking things about the United States today is that while the rates of return are very, very high relative to what they’ve been in the past, the levels of investment have been low. So, you would have thought those two would have gone together, but with CEO pay and share buybacks being so large—trillion dollars of share buybacks last year—the money isn’t going either to workers or to investment.”

The widening wage gap and widespread disparities have been news lately with Rep. Alexandria Ocasio Cortez (D-NY), Vermont Sen. Bernie Sanders, billionaire investor Warren Buffett, entrepreneur and venture capitalist Nick Hanaeur, activists from the Left, progressives and others leading the charge against, and warning about, the consequences of the excesses of the uber-rich. Ocasio Cortez, a freshman legislator, has proposed a 70 percent tax on incomes over $10 million, while Sen. Elizabeth Warren posited a “wealth tax” of 2 percent for those whose net worth exceeds $50 million. And Sanders has suggested increasing the estate tax for estates above $1 billion, so that children of billionaires do not unfairly reap the windfalls regular Americans don’t get, all of which has caused consternation in wealthy circles.

They have been increasing critical of a Republican tax cut in 2017 that transferred about $1.2 trillion of wealth from the middle class to the super rich and politicians and a business elite who have done little to address and alleviate the financial challenges that face their workers.

In 2018, The United Way released data collected over 10 years that offers a disturbing snapshot of where the United States stands since the 2008 recession ended. The ALICE (Asset Limit, Income Constrained, Employed) Project, shows that almost 51 million Americans make less than what’s needed to survive in the modern economy. Stephanie Hoopes, the project’s senior researcher, said that number includes 16.1 million households living in poverty, as well as the 34.7 million families that fall under the ALICE classification.

That translates to what she said is a staggering 43 percent of American households that can’t afford basics such as food, child care, health care, transportation, and a cell phone.

“There are many different ALICE stories. Some people are in different situations because of health problems, natural disasters and a number of other issues,” Hoopes said. “Usually people who are in this field totally understand the magnitude of this problem. The cause is a mismatch between basic elements of the average household budget and what people are making. Housing, childcare, food, transportation and healthcare are increasing faster than inflation overall and faster than wages. Increasing wages would help offset fluctuating wages, unpredictable hours and workhours incompatible with childcare.

America’s working class is caught in an economic vice fueled by decades of stagnant wages; the weakening of organized labor by Republican lawmakers; gaming of the system by politicians and corporations; minimum wages for fast food and service jobs employees; unemployment; the spiraling cost of food, medicine, and rent; gentrification, foreclosures, and the severe shortage of affordable housing.

Dr. Elise Gould, a senior researcher at the Washington, D.C.-based Economic Policy Institute (EPI) said research conducted by EPI experts, scholars and researchers corroborates the United Way findings.

“There are a lot of people working who are still in poverty,” said Dr. Gould, whose areas of expertise include wages, poverty, jobs, healthcare and economic mobility. “We put data out, titled “50 Years after the Poor People’s Campaign, Poverty Persists Because of a Stingy Safety Net and a Dysfunctional Labor Market,” which shows that a number of Americans living in poverty who may be in school or retired, but two-thirds are otherwise employable. Of those, 63 percent are working and 45.5 percent of them work fulltime.”

“People need more jobs, jobs that have more hours and the pay needs to be higher. What people are earning is simply insufficient. We also need a better safety net for caregivers and students. It seems like people are working really hard and low-income workers are more educated than ever before but the data make it clear that millions of people who are active participants in the labor market are unable to make ends meet, either due to insufficient hours or low wages.”

Stiglitz said the promise of decent, well-paying jobs, a sturdy social safety net and retirement security has faded and the social contract between politicians, corporations and the public is increasingly being ignored.

“People need more jobs, jobs that have more hours and the pay needs to be higher. What people are earning is simply insufficient. We also need a better safety net for caregivers and students,” Stiglitz said in an article titled, ‘The American Economy is Rigged. And What We Can Do About It.’ “It seems like people are working really hard and low-income workers are more educated than ever before but the data make it clear that millions of people who are active participants in the labor market are unable to make ends meet, either due to insufficient hours or low wages.”

“The basic perquisites of a middle-class life, including a secure old age, are no longer attainable for most Americans,” Stiglitz continued. “We need to guarantee access to health care. We need to strengthen and reform retirement programs, which have put an increasing burden of risk management on workers (who are expected to manage their portfolios to guard simultaneously against the risks of inflation and market collapse) and (which) opened them up to exploitation by our financial sector (which sells them products designed to maximize bank fees rather than retirement security).”

Beverly Hunt knows what it’s like to live in such uncertain circumstances. Hunt, a Washington, D.C.-area resident for more than 20 years, said significant health care challenges have jeopardized her wellbeing.

The communications and public relations veteran said she has been living an increasingly precarious existence since discovering that she has breast cancer four years ago.

“I was very blessed when I was diagnosed with cancer because I had a good job and good insurance with an 80-20 split, meaning 20 percent of the costs are borne by me,” said Hunt, a Howard University graduate who has been in her career field for 30 years. “I was paying $200 a month for four whole years to one doctor. This has affected everything with me … it’s scary. Even though I have a great insurance, I still had to pay cash. Acupuncture is no longer covered and I haven’t even begun to figure how to pay for radiation. I’m thinking I may wait for the full seven years when my credit is clear and start from there.”

“It’s certainly taken a toll on my standard of living. I know so many friends with no insurance and the consequences for them have been so much worse. What they’re dealing with has knocked people out of the middle class. One serious illness, being unemployed for several months a year, or us Baby Boomers not being hired—all this affects one’s ability to stay in the middle class. What I see among my peers is that they are jammed up, deciding whether they are going to eat or pay bills.”

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Black Artists in America, Installation Three Wraps at the Dixon Gallery and Gardens

TRI-STATE DEFENDER — With 50+ paintings, sculptures and assemblages, the exhibit features artists like Varnette Honeywood from Los Angeles, whose pieces appeared in Bill Coby’s private collection (before they were auctioned off) and on “The Cosby Show.” Also included are works by Alonzo Davis, another Los Angeles artist who opened one of the first galleries there where Black Artists could exhibit. 

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By Candace A. Gray | Tri-State Defender

The tulips gleefully greet those who enter the gates at the Dixon Gallery & Gardens on an almost spring day. More than 650,000 bulbs of various hues are currently on display. And they are truly breathtaking.

Inside the gallery, and equally as breathtaking, is the “Black Artists in America, From the Bicentennial to September 11” exhibit, which runs through Sunday, March 29. This is the third installment of a three-part series that started years ago and illustrates part of the Black experience through visual arts in the 20th century.

“This story picks up where part two left off,’’ said Kevin Sharp, the Linda W. and S. Herbert Rhea director for the Dixon. “This era is when we really start to see the emergence of these important Black artists’ agency and freedom shine through. They start to say and express what they want to, and it was a really beautiful time.”

With 50+ paintings, sculptures and assemblages, the exhibit features artists like Varnette Honeywood from Los Angeles, whose pieces appeared in Bill Coby’s private collection (before they were auctioned off) and on “The Cosby Show.” Also included are works by Alonzo Davis, another Los Angeles artist who opened one of the first galleries there where Black Artists could exhibit.

“Though [Davis] was from LA, he actually lived in Memphis for a decade,” said Sharp. “He was a dean at Memphis College of Art, and later opened the first gallery in New York owned and operated by black curators.”

Another featured artist is former NFL player, Ernie Barnes. His work is distinctive. Where have you seen one of his most popular paintings, Sugar Shack? On the end scene and credits of the hit show “Good Times.” His piece Saturday Night, Durham, North Carolina, 1974 is in this collection.

Memphis native James Little’s “The War Baby: The Triptych” is among more than 50 works featured in “Black Artists in America, From the Bicentennial to September 11” at the Dixon Gallery & Gardens, the final installment of a three-part series highlighting the impact and evolution of Black artists through 2011.

Memphis native James Little’s “The War Baby: The Triptych” is among more than 50 works featured in “Black Artists in America, From the Bicentennial to September 11” at the Dixon Gallery & Gardens, the final installment of a three-part series highlighting the impact and evolution of Black artists through 2011.

The exhibit features other artists with Memphis ties, including abstract painter James Little, who was raised in a segregated Memphis and attended Memphis Academy of Art (before it was Memphis College of Art). He later moved to New York, became a teacher and an internationally acclaimed fixture in the art world in 2022 when he was named a Whitney Biennial selected artist at the Whitney Museum of American Art in New York.

Other artists like Romare Bearden, who had a Southern experience but lived up North, were featured in all three installments.

“During this period of time, he was a major figure,” said Sharp. “He wrote one of the first books on the history of African American art during a time when there were more Black academics, art teachers, more Black everything!”

Speaking of Black educators, Sharp said the head curator behind this tri-part series and Dixon’s partner in the arts is Earnestine Jenkins, Ph.D., an art history professor at the University of Memphis, who also earned a Master of Arts degree from Memphis State University (now UofM).  “We began working with Dr. Jenkins in 2018,” he said.

Sharp explained that it takes a team of curators, registrars, counterparts at other museums, and more, about three years to assemble an exhibit like this. It came together quite seamlessly, he added. Each room conjured up more jaw-dropping “wows” than the one before it. Each piece worked with the others to tell the story of Black people and their collective experience during this time period.

One of the last artists about whom Sharp shared information was Bettye Saar, who will turn 100 years old this year. She’s been working in Los Angeles for 80 years and is finally getting her due. Her medium is collages or assemblages, and an incredible work of hers is on display. She’s married to an artist and has two daughters, also artists.

The exhibit catalogue bears some of these artists’ stories, among other scholarly information.

The exhibit, presented by the Joe Orgill Family Fund for Exhibitions, is culturally and colorfully rich. It is a must see and admission to the Dixon is free.

Visit https://www.dixon.org/ to learn more.

Fun Facts: An original James Little design lives in the flooring of the basketball court at Tom Lee Park, and he makes and mixes his own paint colors.

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Grief, Advocacy, and Education: A Counselor Reflects on Black Maternal Health

SAN DIEGO VOICE & VIEWPOINT — Last month healthcare leaders, birth workers, and community members gathered to honor the legacy of Charleston native Dr. Janell Green Smith, a nurse-midwife and doctor of nursing practice who died in January from childbirth complications. She had participated in more than 300 births and specialized in helping Black women give birth safely.  

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By Jennifer Porter Gore | Word-In-Black | San Diego Voice and Viewpoint

In 2024, the number of U.S. mothers who died as a result of pregnancy or childbirth dropped compared to 2023. But while slightly fewer Black mothers died that year, they still had three times the mortality rate of white women.

South Carolina’s rates of maternal deaths outpaced even the national rates. In fact, the state’s overall rate of maternal deaths between 2019 and 2023 was higher than all but eight states and the District of Columbia.

Last month healthcare leaders, birth workers, and community members gathered to honor the legacy of Charleston native Dr. Janell Green Smith, a nurse-midwife and doctor of nursing practice who died in January from childbirth complications. She had participated in more than 300 births and specialized in helping Black women give birth safely.

Her death shocked the community and her colleagues who are determined to address concerns about Black maternal health. The event also covered the importance of protecting mental health during grief and of men’s role in solving the maternal health crisis.

As both a therapist and a father, Lawrence Lovell, a licensed professional counselor and founder of Breakthrough Solutions, discussed ways the event’s attendees could process their grief over Green Smith’s death. He also shared ways male partners can advocate for women’s maternal health during pregnancy and childbirth.

Lovell spoke not just as a therapist but also as a father whose own family had briefly crossed paths with Green Smith. The event, he said, emerged organically from a moment of collective mourning.

Despite the grief, “it was still, like, a really beautiful event, a much-needed event, and it almost felt like we were all giving each other a collective family hug,” says Lovell.

His connection to Green Smith, Lovell says, was brief but meaningful during his wife’s pregnancy with their second child. Green Smith was practicing at the same birthing center where they had their child. She began practicing in Greenville a short time later.Even that short connection carried significance for Lovell, given the small number of Black maternal health professionals.

Lovell did not initially plan to become a mental health practitioner; he chose the career path after graduating from college, when someone suggested he consider psychology. His interest deepened when he noticed how few Black men work in mental health.

“Being Black man and playing football in college, there weren’t a lot of people that look like me talking about mental health,” says Lovell. “[I wanted] to give people that look like me an opportunity to work with someone that looks like them.”

Working with Expectant and New Parents

Lovell often counsels couples preparing for parenthood by, helping partners understand what a successful pregnancy, childbirth, and postpartum recovery look like. That often means helping women manage postpartum depression.

As a man, Lovell says, it’s “humbling” that a woman “just trusts me enough to work with me through their pregnancy or their postpartum recovery.”

In his work, Lovell has noticed how few men understand pregnancy before they experience it with their partner. Because early pregnancy symptoms are often invisible, he says, men may underestimate how much support a mom-to-be actually needs.

“Sometimes they may not realize they don’t know much about pregnancy and what to expect in those three trimesters,” Lovell says. “I tell a lot of the men that just because you can’t see [she’s pregnant] doesn’t mean that she won’t appreciate your intense support in that first trimester.”

Education about pregnancy and postpartum recovery, he says, can change how men support their partners.

Teaching Advocacy in the Delivery Room

Another major focus of Lovell’s counseling is preparing men to advocate for mothers during labor.

“Helping men understand what pregnancy looks like: what delivery is going to look like, and what are the realistic expectations that I should have of myself in postpartum,” he says.

Lovell encourages partners to be honest about their expectations for what will happen during delivery. He helps them prepare for the big day by discussing the birth plan and knowing how to quickly recognize problems. Clear communication, he says, prevents misunderstandings.

He regularly trains men to ask their partners detailed questions about their expectations during and after pregnancy. Advocacy in medical settings can be especially important and requires attention to details the mother may not be able to address.

“It’s always important to fine-tune things and truly understand what helps your partner feel most supported,” Lovell says. “Instead of guessing, you should ask.”

Lovell recalls a moment during the birth of his first child when he had to take that role.

During the delivery, “I felt like something wasn’t as sanitary as I’d like it to be,” he says. “I asked, ‘Hey, can you switch those out? Can you change your gloves?’”

Lovell has a succinct but powerful message he regularly shares with clients’ families, and he shared it with attendees at last month’s event.

“Just to believe women,” he says. “I’ve worked with different couples, and sometimes I’m not really sure that there’s enough empathy from the men.”

That includes how women express pain.

“If a woman says, ‘my pain is at a nine,’ just because how you would express yourself at a nine is different than how she’s expressing herself at [that level] doesn’t mean you shouldn’t believe her,” he says.

Empathy, he says, can change outcomes far beyond the delivery room.

“We’ve got to believe women when they’re talking about their experiences and their feelings and their pain,” he says. “I think there’s a lot that we can prevent if we empathize better.”

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Future of Florida’s Black History Museum in Limbo

JACKSONVILLE FREE PRESS — A proposal sponsored by Tom Leek, a Republican from Ormond Beach, has now passed the Senate in back-to-back legislative sessions. But the House version, filed by Kiyan Michael, a Jacksonville Republican, did not receive final approval in either year, effectively stalling the effort.

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Jacksonville Free Press

Plans to establish a long-awaited Black history museum in Florida are once again on hold after legislation needed to advance the project failed to clear the state House for a second consecutive year, despite repeated approval in the Senate.

A proposal sponsored by Tom Leek, a Republican from Ormond Beach, has now passed the Senate in back-to-back legislative sessions. But the House version, filed by Kiyan Michael, a Jacksonville Republican, did not receive final approval in either year, effectively stalling the effort.

Under Florida law, identical or similar bills must pass both chambers before heading to the governor’s desk. Without House approval, the legislation has been unable to move forward, leaving the project in limbo. Long journey, contested location.

The proposed museum, formally known as the Florida Museum of Black History, has been years in the making, with lawmakers and community leaders framing it as a long-overdue institution to preserve and showcase the state’s African American heritage .A central point of contention has been the museum’s location. St. Augustine — widely recognized as the nation’s oldest city and a site deeply tied to both slavery and early Black history — emerged as the leading contender. Supporters argue the city’s historical significance makes it a natural home for the museum. However, competing interests and regional considerations have fueled debate, slowing consensus among lawmakers.

While the Senate-backed measure has consistently advanced, the lack of alignment in the House has underscored ongoing divisions about how and where the project should take shape.

The holdup in the Florida House appears to be less about opposition to the museum itself and more about a combination of procedural bottlenecks, unresolved structural issues, and lingering disagreements over how the project should be formalized and governed.

Despite the legislative setbacks, Republican Gov. Ron DeSantis has publicly voiced support for the museum. Speaking last month during the unveiling of a statue of abolitionist Frederick Douglass in St. Augustine, DeSantis said the project would move forward “one way or another,” signaling an intent to see the museum built regardless of legislative hurdles.

The anticipated museum has already cleared several hurdles. St. Johns County signed an agreement last year with Florida Memorial University to use the land that once housed its campus last year’s legislative session netted $1 million in funding for St. Johns County to work on planning and design for the museum. However, its anticipated that a million $3 million is needed.

Still, without statutory approval to finalize key components — including governance, funding mechanisms and site selection — the project remains largely conceptual.
With the House bill failing again, the timeline for the museum’s development is unclear. Lawmakers could revisit the proposal in the next legislative session, but any further delays risk pushing the project back several more years. Advocates warn that continued inaction could stall momentum for a museum many see as critical to telling a fuller, more accurate story of Florida’s past. For now, the effort remains paused — caught between political support at the top and legislative gridlock within the Capitol.

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