[Marxism] The Origins of Inequity » CounterPunch: Tells the Facts, Names the Names

Louis Proyect lnp3 at panix.com
Tue May 13 14:31:54 MDT 2014

Saez, Picketty and a few others have contributed significantly to the 
analysis of the role of the tax system changes in recent years and 
decades to the growing income inequality trends in the US. Their work 
should be commended. Krugman and other notable liberal economists have 
publicized their work, especially of late. But none of them have focused 
in any significant detail on the fundamental origins of income 
inequality—i.e. in the process of production, in the growth of credit, 
debt, and speculative finance, or how the working class is not only no 
longer sharing in the income generation but is increasingly having to 
give back income it previously earned to the forces of Capital as well.

full: http://www.counterpunch.org/2014/05/13/the-origins-of-inequity/

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