Inequality, capitalism and socialist revolution by Fred Goldstein

Dandelion Salad

By Fred Goldstein
www.workers.org
Feb 29, 2012 9:09 PM

Image by waywuwei via Flickr

The Occupy Wall Street movement has made the inequality in capitalist society an issue that has put the rich on the defensive, at least in public. The growth of inequality in the last 30 years, and especially in the last decade, has been talked about for years in many quarters by economic analysts and even some politicians. But before the Occupy Wall Street movement raised the slogan of the 1% versus the 99%, this condition went entirely unchallenged and was merely observed as an inevitable, undesirable (unless you were part of the 1%) fact of life.

Half of U.S. poor by Fred Goldstein

Dandelion Salad

By Fred Goldstein
www.workers.org
Dec 21, 2011 10:59 PM

Karl Marx was right: Gap grows between 99% and 1%

The number of people in the U.S. who are officially poor or “near poor” has become a matter of controversy.

The Census Bureau has changed the method by which it measures official poverty. Now, regional differences are taken into account when calculating the costs of maintaining a family, as well as adding any government assistance — like food stamps — to a family’s income while subtracting medical, transportation, childcare and other expenses.