More Evidence ‘Centrist’ Solutions Can’t Save Us [View all]

http://ourfuture.org/20150209/centrist-solutions-cant-save-us-says-new-study?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak

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We have become a profoundly unequal society. That reality is explored in new detail in a recent study from the Institute for New Economic Thinking (INET). Even more importantly, the INET study shows that it will take a dramatic shift in policy to restore the equilibrium. Unless we can build momentum for a new political agenda, we’ll be divided into a small minority with fabulous wealth and a permanent underclass with few hopes or prospects.

Unfortunately, our mainstream political dialogue shows no sign of adapting to these realities. As the INET study confirms, mainstream Democratic ideas won’t protect us from this dismal future.

Republican policies? Don’t ask.

That’s why it was discouraging to read in the New York Times this weekend that the presumed presidential nominee of the Democratic Party is “expected to embrace … standard Democratic initiatives like raising the minimum wage, investing infrastructure, closing corporate tax loopholes and cutting taxes for the middle class” – along with “newer” ideas like “providing incentives to corporations to increase profit sharing with employees and changing labor laws to give workers more collective bargaining power.”

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Also cross posed in politics 2015