A New Spin from the Inequality Denialist Set

Posted on June 15, 2014 by Inequality.org Staff

A key keeper of the free-market fundamentalist flame wants us to know that all his rich and powerful red-state pals really do care about income maldistribution.

By Sam Pizzigati

The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street Journal — have a problem. Their defense of plutocracy just isn’t selling.

Two events this spring have now put this failure in particularly stark relief.

First came the cultural phenomenon of Thomas Piketty: An obscure French economist jumps to the top of the bestseller lists with a book that makes a compelling case for no longer tolerating, anywhere on earth, grand concentrations of private wealth.