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Attack on Piketty’s Capital Gets it Wrong

Mike Konczal; Jennifer Rankin; Chris Giles; Neil Irwin
Piketty's central theme is not that inequality of the ownership of wealth is going to skyrocket. The central theme is that the 1% already owns a lot of the capital stock, and the capital stock is going to get gigantic relative to the rest of the economy. Whatever the weakness this meg-tome and mega-best seller, there is no denying - the rich are getting richer, the poor, poorer. (And Piketty is not a Marxist.)

Of Ruth Bader Ginsburg, John Lewis, Jimmie Lee Jackson, Fannie Lou Hamer, Rosa Parks, Coretta Scott King, Herbert Marcuse, Joseph Weydemeyer, Karl Marx, Frederick Douglass, Jim Crow, the New Jim Crow, and the New New Jim Crow:Shelby County v. Holder

Mark S. Mishler Portside
Ginsburg attacks the ahistorical character of the majority decision. Quoting Shakespeare, she notes that the majority "ignores that `what's past is prologue'". What a profound observation, `the past is prologue'. It neatly, and with a literary flourish, sums up the deep defect with the Court's decision, its deliberate ignoring of both the contemporary ramifications of historical racism in this country as well as its current vitality.
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