Dont give up hope. Merry Christmas BILL MOYERS: Given what you just said and given the fact that theres this ugliness, what do you think its going to take? A mass uprising? Consistent demonstrations? Insurgent politics? How are we going to stem the tide that he says is taking us into oligarchy? PAUL KRUGMAN: Theres a negative and there’s a positive take. Piketty argues-- seems to argue through much of the book that we only escaped the old oligarchy for a while thanks to really disastrous events. Thanks to wars and depressions, which disrupted the system. Thats an argument you can make. On the other hand, if you read histories of the New Deal, you know that it didnt come-- it didnt spring out of nowhere. That we had a progressive movement and a lot of proto New Deal programs building for quite a long time. There was, in fact, a move in America. There was an increasing political, philosophical readiness to take on inequality of wealth and power long before FDR moved into the White House. And so, I think there are better angels of our nature. That there is this ugliness which can be frightening. But there is also a redemptive streak in-- here and in other places. And that-- dont give up hope on this. That given consistent argumentation, given events, and perhaps you know, as people become more aware of what is actually going on then there is a chance of changing things. Do we know that? No. But theres nothing in what we know now that says you should give up hope of being able to change this even without a catastrophe.
Posted on: Thu, 25 Dec 2014 14:04:43 +0000
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