Google+ Followers

Blog Catalog

Monday, December 26, 2016

Quote of the Day -- On Gross Inequality



“ It’s one thing to recognize capitalism for the powerful economic tool it is and to acknowledge that, for better or for worse, we’re stuck with it and, hey, thank God we have it. There’s not a lot else that can produce mass wealth with the dexterity that capitalism can.

But to mistake it for a social framework is an incredible intellectual corruption and it’s one that the West has accepted as a given since 1980—since Reagan.

Human beings—in this country in particular—are worth less and less. When capitalism triumphs unequivocally, labor is diminished. It’s a zero-sum game. People paid a much higher tax rate when Eisenhower was president, a much higher tax rate for the benefit of society, and all of us had more of a sense that we were included.


- David Simon


No comments: