Paul Krugman: “America used to be a middle-class society. But income and wealth disparities began rising rapidly during the Reagan years, and by the late 80s many observers began drawing parallels between the new era of inequality and the Gilded Age.”
“At this point, however, it’s clear that we are not experiencing a mere replay of the reign of the robber barons. We are living through something much worse. The tech bros make the ‘malefactors of great wealth’ called out by Theodore Roosevelt look benign by comparison.”
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