Robert Reich: 10 ways to close the inequality gap

We are near or have already reached that tipping point. As French economist Thomas Piketty shows beyond doubt in his “Capital in the Twenty-First Century,” we are heading back to levels of inequality not seen since the Gilded Age of the late 19th century. The dysfunctions of our economy and politics are not self-correcting when it comes to inequality.

But a return to the Gilded Age is not inevitable. It is incumbent on us to dedicate ourselves to reversing this diabolical trend. But in order to reform the system, we need a political movement for shared prosperity.

Herewith a short summary of what has happened, how it threatens the foundations of our society, why it has happened, and what we must do to reverse it.

via Robert Reich: 10 ways to close the inequality gap – Salon.com.

So much of this issue has been exacerbated by public policy that ignore the role of public policy that exacerbates this issue.

And to be clear, I’m not one that thinks removing regulations like a minimum wage would *help*.   I’m more along the lines of wondering why we tax income from wealth at a lower rate that income from work.

And the other stuff Reich covers.  Lots of stuff that we can do, but we have to actually do it.

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Just to be Clear, Every State Looking to Curtail Voting Rights has Something in Common

Missouri’s constitution provides that “all elections shall be free and open; and no power, civil or military, shall at any time interfere to prevent the free exercise of the right of suffrage.” This is a problem, according to a large bloc of the state’s lawmakers who want to prevent the free exercise of the right of suffrage. So they are currently pushing a state constitutional amendment that will strip away some of this right. The amendment already passed the state house and is currently pending before the Missouri senate.

via Missouri Lawmakers Want To Amend Their Constitution To Allow More Voter Suppression | ThinkProgress.

And it’s R-Gov.

Legal Pot in the US Is Crippling Mexican Cartels

The Washington Post reported on Tuesday that pot farmers in the Sinaloa region have stopped planting due to a massive drop in wholesale prices, from $100 per kilo down to only $25. One farmer is quoted as saying: “It’s not worth it anymore. I wish the Americans would stop with this legalization.”

via Legal Pot in the US Is Crippling Mexican Cartels | VICE News.

File this under the “duh” department.