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wealth-inequality

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The disparities in wealth that we term "income inequality" happened by design, writes social critic Stephen Thrasher. And “they can’t be fixed by fiddling at the edges of our current economic system.”

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Recent news about Amazon has focused on the abusive conditions that prevail in the company's headquarters in Seattle. A “more comprehensive indictment,” writes a lifelong resident of the city, would “describe its effect on” the city, “which used to be a great place to live."

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The economist and philosopher foresaw that capitalism had built within it the seeds of its own destruction, that the greed of a tiny elite would eventually bring down the system. The final stages that he predicted are visible all around us now.

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