Skip to main content

View Diary: Edsall: "Capitalism vs. Democracy" (Inequality Scholar Piketty Has Published "Watershed" Book) (59 comments)

Comment Preferences

  •  Tip'd, Rec'd for an abundance of substance. (18+ / 0-)

    It's a shame that historical perspective is missing in the US because it is exactly 100 years ago that the atypical trend toward equality began.

    Look at the four who ran for President in 1912: Eugene Debs, a Socialist who got 6% of the vote, T Roosevelt, a 1%'er who championed the common people. Bob La Follette, the antiwar Progressive who ran but didn't win a nomination.  'Fighting Bob' was fearless. This is a quote from his campaign that could be current today if it was applied to the mass media:

    "But what do we find has occurred in the last few years since the money power has gained control of our industry and government? It controls the newspaper press. The people know this. Their confidence is weakened and destroyed. No longer are the editorial columns of newspapers a potent force in educating public opinion The newspapers, of course, are still patronized for news. But even as to news, the public is fast coming to understand that wherever news items bear in any way upon the control of government by business the news is colored; so confidence in the newspaper as a newspaper is undermined."
    La Follette brings the antiwar Socialist, Jean Jaurès, to mind. He was assassinated 100 years ago, 1914, in Paris.
    "Le capitalisme porte en lui la guerre comme la nuée porte l'orage." ("Capitalism carries in itself war, like clouds carry rainstorms.")

    There is no existence without doubt.

    by Mark Lippman on Wed Jan 29, 2014 at 06:46:18 AM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site