The Democrats’ failure isn’t just the result of Republican negativity. It’s also intellectual and ideological. What, besides raising the minimum wage, do the Democrats propose to do about the shift in income from wages to profits, from labor to capital, from the 99 percent to the 1 percent? How do they deliver for an embattled middle class in a globalized, de-unionized, far-from-full-employment economy, where workers have lost the power they once wielded to ensure a more equitable distribution of income and wealth? What Democrat, besides Elizabeth Warren, campaigned this year to diminish the sway of the banks? Harold Meyerson
Posted on: Wed, 05 Nov 2014 17:32:02 +0000
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