THOMAS PIKETTY CAPITAL
Do you have info to share with HuffPost reporters? Here’s how.
Can the right continue to succeed as the party of unreality? In the recent past, conservatives have denied climate change, as well as evolution. Now, their strategy is to deny the reality of increasing concentration of income and wealth. When Thomas Piketty's book appeared, providing new documentation on increasing capital concentration, the right was temporarily thrown off guard. Some resorted to the claim that inequality was, by definition, earned, and necessary to produce incentives in a capitalist system. But somehow, our market economy did just fine -- better in fact -- back in the 1950s and 1960s with far lower levels of inequality. And much of Europe matches our growth rates with far less inequality. Others simply denied that inequality has been increasing.
Hollywood projects our dreams and fears. In the past our cinematic apocalypses have reflected our obsessions with nuclear holocaust and environmental degradation. We're certainly still worried about those fates -- along with pandemics and zombies -- but gross inequality now competes for our attention.