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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (788865)6/10/2014 1:06:18 AM
From: koan  Read Replies (2) | Respond to of 1576885
 
The rich are running this country and are using the Republican party as their vehicle. But we should have NO plutocrats. Buffet should not have 50 billion dollars. Social science tells us this sort of inequality just continues to worsen and literally undermines democracy.

That is why Piketty's book is #1 on the best seller list. It was a huge eye opener to those who can understand such stuff. Social science is still in its infancy, but we do know some things. And we know income inequality destroys societies.

Joe Stiglitz the #1 referenced economist in the world also recently wrote a book on income inequality. See below Piketty.

Re unions, as ugly as they can be, the fact the decline of the middle class correlates perfectly with the decline of the unions cannot be overlooked. Re the south, sure it was better than nothing. But they made a deal with the devil and by giving away so much have really eaten their seed stock. They have no future. except hand to mouth.

Better to fight for the unions.

Thomas Piketty
Economist



Thomas Piketty is a French economist who works on wealth and income inequality. He is the director of studies at the École des hautes études en sciences sociales and professor at the Paris School of Economics. Wikipedia

The Price of Inequality: How Today's Divided Society Endangers Our Future
Book by Joseph Stiglitz



4/5- Barnes & Noble



The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles, but there is one thing that money doesn't seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. ... Google Books



Published: June 11, 2012



Author: Joseph Stiglitz