Monday, February 27, 2012

Politics of inequality

In this article Jonathan P. Baird discusses how he believes the issue of income inequality has been largely ignored by politicians.There is little political focus on the idea of the 1% and the 99% and he argues that the preservation of the liberty of the billionaires (to buy election through citizens united, no less) has been of top priority while the preservation of equality has been met with ideas that society needs inequality to flourish. Data which shows that equality actually helps economic growth (an argument repeated in some of the readings from this week) have been repeatedly ignored. He also contends that charges of "socialism" or "tax and spend" policies are not only not helpful, but they are flat-out mischaracterizations of the truth and ignore the fact that it has been the federal government that has repeatedly kept capitalism alive over the past century.

http://www.concordmonitor.com/article/313764/income-inequality-deserves-our-attention?SESSfd86aee004a25bf46299380938499784=google

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