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“Conservatives can smear Piketty as a “Marxist,” or argue that liberals enjoy his findings because they confirm a set of preconceived notions, but what conservatives can’t do is provide credible solutions to our yawning inequality that have any basis in historical reality. At some point, conservative politicians will likely be forced to accept that redistributive economic policies are necessary if we want to fix our economy long-term (an admittedly impossible proposition in 2014). Conservative politicians who refuse to undertake this evolution will be left supporting a set of toxic, increasingly unpopular policies that encourage the worst vision of America — a land of massive, walled-off wealth surrounded by a sea of falling wages, rising prices, shrinking job opportunities and diminishing horizons for all but the very richest.”

Read the rest at Salon. “The right’s Piketty nightmare: Coming of age in the era of Post-Exceptionalism


 

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