02.26.10
Need for social democratic left
James said,
February 26, 2010 at 1:43 pm ·
“It’s important to realize how rapidly our inequality has grown, and how different our societies used to be. Inequality isn’t some entrenched characteristic. It’s become much worse since the 1970s. And we can shift things back.”
The inevitable currency crisis should take care of this. When that time comes, most Americans will be equal in impoverishment.
The American system has suffered from the lack of a genuine left and the promotion of Social Democracy, long established in Europe.