The Longitudinal Lesson Of Paul Krugman’s The Conscience Of A Liberal

...one has seen the transition from a society whose culture favored equality to a society whose culture favors truly vast inequality -- a country where it is regarded as appropriate for CEOs to make 300 and 400 times what the average workers in their companies make and for hedge fund managers to make 1.7 billion dollars a year and pay tax at only a 15 percent rate, a country where the salary of the average guy hasn’t improved much, if at all, in constant dollars for 30 years, a country where all our politicians are owned by the rich as in the first Gilded Age and where the mass media is in thrall to the rich and powerful...

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