Tuesday, January 31, 2012

Spiraling Inequality Is a Disease Afflicting Our Entire Society

 Inequality is a disease of society, a cancer growing out of control at one end of the body while the rest of it withers away.
It's not just about the money, although income and wealth inequality have never been worse in the United States. It's also the pathological adherence to free market principles that have not worked for most of the country. And a bizarre idolization of the "innovators" who have rigged the financial system in their favor.
High-priced schemers and swindlers and scoundrels roam free on Wall Street, while the downtrodden are condemned for trying to survive. "If you steal $10 from a man's wallet," observed former Secretary of the Interior Walter Hickel, "you're likely to get into a fight, but if you steal billions from the the commons, co-owned by him and his descendants, he may not even notice."    Read more

By Paul Buchheit | AlterNet

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