A quite extraordinary thing has happened in American, and even world, politics. It used to be the case that great wealth and income inequality were topics that were not mentioned in mainstream discourse and to suggest that this was not healthy for a democracy was to be accused of being envious or creating class warfare or attacking capitalism itself.
But how things have changed. Now the vast disparity in income and wealth between the top 1% and the remaining 99% is front and center. The gulf between the former and the latter is a major topic of discussion in [Read more…]