2015/11/30

Mark Thoma: Paul Krugman and 'Challenging the Oligarchy'

Mark Thoma excerpts from Paul Krugman 'Challenging the Oligarchy'.

The Work of Nations was in some ways a groundbreaking work, because it focused squarely on the issue of rising inequality—an issue some economists, myself included, were already taking seriously, but that was not yet central to political discourse. Reich’s book saw inequality largely as a technical problem, with a technocratic, win-win solution. That was then. These days, Reich offers a much darker vision, and what is in effect a call for class war—or if you like, for an uprising of workers against the quiet class war that America’s oligarchy has been waging for decades.

Emphasis Mine

Fuck off! Why should workers defend Capitalism? Krugman and Reich are wankers. Workers should smash Capitalism into the ground and grind it under their feet!

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