A New Spin from the Inequality Denialist Set
Posted on June 15, 2014 by Inequality.org StaffA key keeper of the free-market fundamentalist flame wants us to know that all his rich and powerful red-state pals really do care about income maldistribution.
By Sam Pizzigati
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street Journal — have a problem. Their defense of plutocracy just isn’t selling.
Two events this spring have now put this failure in particularly stark relief.
First came the cultural phenomenon of Thomas Piketty: An obscure French economist jumps to the top of the bestseller lists with a book that makes a compelling case for no longer tolerating, anywhere on earth, grand concentrations of private wealth.
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