Ever since Vermont Senator Bernie Sanders cast his bid for the 2016 Democratic presidential nomination, the issue of income inequality has emerged as a major element of the race. And why wouldn’t it be? It was nearly a half-decade ago, on the cusp of the last presidential race, that Occupy Wall Street emerged as a national movement from within New York’s privately-owned public Zucotti Park and launched the rhetoric of the ninety-nine percent against the one.
Since then, a raft of literature has focused on the topic. The French economist Thomas Picketty’s Capital in the Twenty-First Century, which came out in English in 2014, was the most stunning success. But other prominent writers have also taken up the topic, including fiery journalist Matt Taibbi in The Divide, former Clinton administration labor secretary Robert Reich in Saving Capitalism (the subtitle, For the Many, Not the Few is key here for indicating his slant), and the Brookings Institute vice president Darrell M. West, who wrote Billionaires.
© 2014 Bryce T Bauer