Originally Posted by
Mikebert
I read that post too. He touches on the problem, but missed the most important part. He talks about how inequality was high in the 1920's just like today, but was low in between. But he doesn't talks about how that happened. He says things like this:
He shows an outcome and then just states that a political side caused this to happen like magic. He doesn't go into more detail because he probably doesn't know HOW it happened. Well if you don't know how something happens how is the hell are you supposed to bring it about?
Sanders talks about raising the top tax rate by 94%. Has a left ever accomplished this in American history? No.
During the New Deal FDR raises top tax rates by 25%, about the same as the 1993 28% increase under Clinton. Republicans raised the top tax rate by 140% just before the New Deal, and supported further increasing the top rate by 21% for the war.
So you see Sanders top pro-equality tool is something "the Left" has never been able to achieve in peacetime. The big increases that were an important contributor to the inequality reduction described in the cited article were mostly done by Republicans. Ask yourself, why did they do it? Can one arrange things so that they are willing to do it again?
He calls for a national minimum wage of $15. This is good. How about calling for a rally in Washington for a 70K minimum salary for exemption from overtime rules. This is something the president can do unilaterally. Maybe a call for a tariff. How about prosecution of those who hire the undocumented, combined with a path to citizenship for those those they employ who show a willingness to become Americans. Maybe steal a bit of Trumps thunder. What I am suggesting is open up a wide range of policy issues, all of which are unified in that they were possibly involved in the great compression. The vast reduction in inequality from 1929-1946 occurred in a world in which immigration has been sharply reduced in 1924, tax raises sharply in 1930, 1935 and 1941, a massive tariff passed in 1930, labor actions legalized in 1935, prohibition ended in 1933, economy flooded with money in 1933 and after, welfare programs established mid 1930's, massive stimulus in 1941-46, price and wage controls with an explicit income leveled objective built in, etc. Lots of moving parts. No one know for sure how big of a role any one of these played. Maybe the results came from most or all of these acting in concert. The more policies along these lines that can be thrown into the debate, the better. And the primary is the time to do it.
In the 1940s and 1950s the economic elites of America dreaded Communism. To ensure that they did not have to face a sullen proletariat ready to stab the economic elites in the back the elites made sure that working people had a stake in the system -- the consumer economy. With the consumer economy also came opportunity for the smart kids of industrial workers to join the middle class by attending college, having work that used their minds instead of their bodies, and buying tract houses in the suburbs.
Today there is no such fear by the economic elites. Those elites can act without conscience and get away with it because they can promote numbing stupidity in mass media, second-rate and limited schooling (college has become expensive and in view of its costs higher education cannot justify itself for the value of learning so much as for vocational training), brutal law enforcement (Ferguson, Missouri), and politicians who thoroughly believe that the first duty of a leader is to his financial backer.
From the late 1940s to the late 1980s, the Soviet threat ensured that the economic elites needed to offer an alternative to Socialism. Now those elites can offer a New Peonage with impunity. Social mobility? The elites need no middle class -- only people in a grim contest to determine who will earn the privilege of survival through their suffering.
Hunger Games, anyone?
I am tempted to believe that labor-management relations are the essence of the domestic struggle of this 4T.
The greatest evil is not now done in those sordid "dens of crime" (or) even in concentration camps and labour camps. In those we see its final result. But it is conceived and ordered... in clean, carpeted, warmed and well-lighted offices, by (those) who do not need to raise their voices. Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern."
― C.S. Lewis, The Screwtape Letters