Wednesday, November 16, 2011

Thanks to MJ Lloyd-Reynolds for sharing this. The young people in Zuccotti Park and more than 1,000 cities have started America on a path to renewal. The movement, still in its first days, will have to expand in several strategic ways.

Thanks to MJ Lloyd-Reynolds for sharing this. The young people in Zuccotti Park and more than 1,000 cities have started America on a path to renewal. The movement, still in its first days, will have to expand in several strategic ways.

Originally shared by ThinkZone

By JEFFREY D. SACHS - "Twice before in American history, powerful corporate interests dominated Washington and brought America to a state of unacceptable inequality, instability and corruption. Both times a social and political movement arose to restore democracy and shared prosperity. The first age of inequality was the Gilded Age at the end of the 19th century, an era quite like today, when both political parties served the interests of the corporate robber barons [..] The second gilded age was the Roaring Twenties [..] F.D.R.’s New Deal marked the start of several decades of reduced income inequality, strong trade unions, steep top tax rates and strict financial regulation. After 1981, Reagan began to dismantle each of these core features of the New Deal. Following our recent financial calamity, a third progressive era is likely to be in the making. "
http://www.nytimes.com/2011/11/13/opinion/sunday/the-new-progressive-movement.html

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