Paul Krugman: Paranoia of the Plutocrats

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opednews.com Headlined to H3 1/27/14

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Rising inequality has obvious economic costs: stagnant wages despite rising productivity, rising debt that makes us more vulnerable to financial crisis. It also has big social and human costs. There is, for example, strong evidence that high inequality leads to worse health and higher mortality. But there’s more. Extreme inequality, it turns out, creates a class of people who are alarmingly detached from reality — and simultaneously gives these people great power.

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We instill power, always have.Then we flock aroun... by molly cruz on Monday, Jan 27, 2014 at 3:46:26 PM
Why the Kristellnacht reference? Have guillotines ... by John Sanchez Jr. on Monday, Jan 27, 2014 at 4:35:49 PM