PMMJ (cheetahmaster) wrote,
PMMJ
cheetahmaster

winning a battle in the long war

"Think about that. It's remarkable that we're even asking 'Does high inequality hurt growth?' Hurt it! This shift in our default assumption represents huge progress. After all, if the answer is yes, it's one more reason to favor policies that reduce inequality. But even if the answer is no, all it means is that growth is independent of inequality. There are really no arguments left that are actively on the side of high inequality aside from simpleminded libertarian fantasies that economic capitalism is neutral by definition, and therefore everyone automatically gets what they deserve."
-Kevin Drum

Tags: 2013, news, quotes
Subscribe

  • huh

    "The problem for a terrorist group like Al Qaeda is that its recruitment pool is Muslims, but most Muslims are not interested in terrorism. Most…

  • today's good read

    "It’s Time for Black Liberation, Not Liberalism."

  • (no subject)

    What lead to the death of the enclosed mall as a concept?

  • Post a new comment

    Error

    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 0 comments