Revolt Against the Rich

["Dave Farber" <farber () gmail com>]

Begin forwarded message:

> From: John Horgan <jhorgan () stevens edu>
> Date: February 19, 2019 at 7:23:00 AM EST
> To: Dave Farber <farber () gmail com>, John Horgan <jhorgan () stevens edu>
> Subject: Revolt Against the Rich
>
> Dave, FYI my latest column. John Horgan
>
> Revolt Against the Rich
>  
> Nobel laureates, a new congresswoman and others urge raising taxes on the ultra-wealthy to counter surging 
> inequality. 
>  
> In 2015 I attended a workshop on political polarization with an eclectic group of scholars and activists. We swapped 
> ideas on resolving battles over climate change, inequality, abortion and gay rights. One obstacle to compromise, a 
> psychologist said, is that many Americans have a visceral, emotional reaction to issues like homosexuality.
>  
> I have a visceral, emotion reaction to inequality, I replied. It sickens me that some Americans have billions while 
> others barely have enough to eat. An economist derided my attitude as typical left-wing irrationality. Inequality 
> isn’t the problem, he said, poverty is the problem, and we shouldn’t try to solve it by taking more from the rich. 
>  
> I felt chastened. But a flurry of recent articles—with headlines like “Abolish Billionaires” and “The Economics of 
> Soaking the Rich”—argues that we should be appalled by the immense gap between the poor and rich. The proliferation 
> of billionaires shows that capitalism is malfunctioning and in need of reforms, including higher taxes on the 
> ultra-wealthy...
>
> Continue at https://blogs.scientificamerican.com/cross-check/revolt-against-the-rich/
> Revolt Against the Rich - Scientific American Blog Network
> blogs.scientificamerican.com
> Nobel laureates, a new congresswoman and others urge raising taxes on the ultra-wealthy to counter surging inequality.



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