Vanity Fair has a great article from Joseph Stiglitz reporting on the massive and growing inequality in our society, its self-reinforcing nature, and the abuses it produces. This is a must-read. Here's a quote:
"Of all the costs imposed on our society by the top 1 percent, perhaps the greatest is this: the erosion of our sense of identity, in which fair play, equality of opportunity, and a sense of community are so important. America has long prided itself on being a fair society, where everyone has an equal chance of getting ahead, but the statistics suggest otherwise: the chances of a poor citizen, or even a middle-class citizen, making it to the top in America are smaller than in many countries of Europe. The cards are stacked against them. It is this sense of an unjust system without opportunity that has given rise to the conflagrations in the Middle East: rising food prices and growing and persistent youth unemployment simply served as kindling. With youth unemployment in America at around 20 percent (and in some locations, and among some socio-demographic groups, at twice that); with one out of six Americans desiring a full-time job not able to get one; with one out of seven Americans on food stamps (and about the same number suffering from “food insecurity”)—given all this, there is ample evidence that something has blocked the vaunted “trickling down” from the top 1 percent to everyone else. All of this is having the predictable effect of creating alienation—voter turnout among those in their 20s in the last election stood at 21 percent, comparable to the unemployment rate."
A great article on the difference between right-wing media and "liberal" media. It correctly argues that the two are not "mirror images," both hyper-partisan in opposite directions. Instead, right-wing media is only interested in reinforcing a world-view. "Liberal" media attempts to present things as they are (not that it always succeeds). Those are the distant and opposed poles which cause such animosity. Quote:
"So what do conservatives really mean when they accuse NPR of being "liberal"? They mean it's not accountable to their worldview as conservatives and partisans. They mean it reflects too great a regard for evidence and is too open to reporting different points of views of the same event or idea or issue."
This article at Pandagon makes a compelling argument that the linking thread behind the Culture Wars Right's attacks on abortion, contraception, services for the poor, and social safety nets is that they all contradict the neo-Christian notion that a woman needs to be dependent on a man. Glenn Greenwald has a great run-down on exactly why it is ludicrous for the wealthy elite to whine about public opinion turning against them, and how bizarre it is for them to call Obama an anti-business Marxist when his policies clearly all strongly favor that same wealthy elite.
I don't always like Michael Lind. For one thing, he has a tendency to hippy-bash. That said, this article is a good analysis of the failure of the dominant American idea that a company's responsibility to solely to maximize the value it gives its investors, with a little on how that idea has played a part in recent troubles.
This interesting look at an elitist vs. populist argument among the nation's founders reminds us that these issues aren't new; they're just being won more thoroughly by the elite now. Here's a quote:
"The United States government, in Paine's vision, would justify its national power by regulating elite finance throughout the states, promoting the interests of ordinary Americans everywhere, and increasing social equality by law. For Thomas Paine, American finance... policy must dedicate itself to economic equality."