Social Inequality Today by Helmut Martens, Jan 2015
The neoliberal rollback has created growing instabilities. An advancing process of de-democratization and social re-feudalization is connected with the rise of the new “super-rich.”.. The development of global capitalism reveals its contradictory form described by Marx and other philosophers in which something new is constantly proclaimed that ultimately only leads to the old conditions.
In her analysis, Chrystia Freeland says extreme inequality in the US first developed after the second industrial revolution. That was the “Gilded Age” (with its strikes and slums)… Piketty warned sharply of the emerging and growing inequality between rich and poor. He offered pragmatic solutions as in a progressive wealth tax that are not a question of left and right but of common sense.