Sunday, November 13, 2011

The End of Social Mobility in Uber-Capitalist America

Nation of Change on Why Income Inequality Suddenly Matters:
"for all the right-wing mythology about "Eurosocialism" snuffing out upward mobility, data from the Organization for Economic Cooperation and Development show that social mobility in uber-capitalist America is actually lower than in most industrialized countries.
This is why almost three-quarters of respondents just told The Hill newspaper's pollsters that income inequality is a problem.
This is why my local TV news is suddenly airing pieces on economic inequality between sports, weather and all the "you stay classy" small talk."
Too late for platitudes. This is our Declaration of War.