11/7/11

It's the (plausibility of) equality, stupid

One assumes it's our old Doctor DR, posting at numskulduggery, who highlighted this quote:

"The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation’s history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high. In other words, in the never-ending tug-of-war between “labor” and “capital,” there has rarely—if ever—been a time when “capital” was so clearly winning."

I have to think we are reaching a tipping point, here, and that we will tip towards progress. And here's why.

During the formative years of the blogosphere, I spent many, many words here and in comments on other sites making the case that the middle class was losing under trickle-down and deregulatory policies. During this time, I could rarely get our conservative interlocutors to agree to the basic facts.

Now, however, these facts are widely reported and discussed. And conservatives have been forced from being "income inequality deniers" into a far less defensible position that this dramatic inequality is somehow OK. We shouldn't demonize success, after all.

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