29 September 2010

Third World America -- Huffington

It's fashionable in some circles to dis Arianna Huffington, but her book Third World America is a telling and well-thought out manifesto for what progressive politics really needs to focus on in the next few years. Here are a couple of samples:

In other words, in the absence of manufacturing, the only way to compete with Third World nations is to become a Third World nation, which is exactly what will happen if we allow our middle class to disappear.
'The financial sector,' wrote Martin Wolf of the Financial Times, 'seems to be a machine to transfer income and wealth from outsiders to insiders, while increasing the fragility of the economy as a whole.' When a chief economics commentator at the Financial Times is sounding like the second coming of Karl Marx, you know things have gotten way out of hand.

No comments:

Post a Comment

Gyromantic Informicon. Comments are not moderated. If you encounter a problem, please go to home page and follow directions to send me an e-mail.