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.