Can a Movement Save the American Dream? | The Nation

22 Sep

Tahrir Square erupted in revolution in January, but America actually suffers greater inequality than Egypt. Instead of an American dream, we have an American nightmare: a government, as Nobel Prize winner Joseph Stiglitz has written, of the top 1 percent, by the top 1 percent and for the top 1 percent.

This is not an accident; it is a defeat. It is the casualty of class warfare, waged and won, as Warren Buffett has noted, by the wealthiest few. Economists evoke globalization, technology and education as causal factors in our era’s extreme inequality. In fact, it results from policies that have weakened workers, liberated CEOs, starved social protections and savaged the middle class.

via Can a Movement Save the American Dream? | The Nation.

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