Thursday, September 28, 2006

The Rich are getting richer

There's a very thought provoking piece by James Kurth on the consequences of widening income equality, in the current issue of The American Conservative.

This widening gap can, be seen virtually everywhere we look—in America; within other countries, even those hitherto distinguished by a high degree of equality (in particular, Japan, South Korea, and China); and between rich and poor countries in the world at large.

Reducing this inequality, is I believe one of the biggest political challenges of the age. But don't rely on parties- or politicians wedded to global capitalism and neo-liberal dogma to provide the solutions.

No comments: