Sunday, April 6, 2014

Firestone On Inequality, Plutocracy, Oligarchy

Joe Firestone at New Economic Perspectives (home of the Modern Monetary Theory folks), who apparently is also letsgetitdone at Firedoglake, asks the question, Is the MSM Blackout on Inequality, Plutocracy, and Oligarchy Ending? His answer is one of the most insightful examinations of the causes and consequences of the dramatic inequality in wealth in America today that I have ever read, and I've read a few recently. If we are lucky, perhaps the overall answer is Yes, and if we are even luckier, perhaps TPTB will at last see inequality as the core flaw in our economy that it actually is, and begin to rearrange things so we can all enjoy greater prosperity.

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