The inequality and growth debate is a red herring. It just doesn’t matter. The problem is inequality, and its solution is simple.
Greed is not good, and high inequality is making all of us greedier than we should, or could, be.
If America could eliminate most serious poverty in the United States in the 1960s, surely we could do the same today.
Can you imagine Americans of 1968 settling for a minimum wage standard of living that had been set based on 1924 standards? What about 1880 standards? At some point we should expect low-wage workers to start living better than they used to.
Austerity is going to make Greece a cheap place to visit once the protests die down, and backpacker adventure tourists will make Greece a cooler destination than ever. But for most people, it’s much better to live in a rich social democracy than in a cool adventure tourism destination.
There’s no such thing as a free lunch, nor even a reduced-price lunch, when it comes to educating our children.
California can and should find the $1 billion it needs to maintain its current bare-bones CalWORKs support.
Europe’s big banks and vulture hedge funds should pay the price for austerity, not government workers and the poor.
If only the three big forces of American politics would faithfully serve their constituents, the 2012 election could be about real choice. Instead we have Mitt Romney versus Barack Obama.
It’s not popular today to stand up for the poor, the homeless, the addicted, or the imprisoned. But progress means progress for everyone. There’s no such thing as progress for a few.