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UglyGreed

(7,661 posts)
Tue Feb 16, 2016, 07:06 PM Feb 2016

Thomas Piketty says Bernie Sanders can “change the face of the country”

In a new op-ed published in the Guardian on Tuesday, famed French economist and author of Capital in the Twenty-First Century, Thomas Piketty credits Democratic presidential candidate Bernie Sanders with waking the larger American political establishment up to the problem of rising income inequality and channelling the Democratic electorate’s righteous outrage. Piketty says that Sanders’ campaign proves that a leader like Sanders—if not Sanders himself—“could one day soon win the U.S. presidential elections and change the face of the country.”

“Because he is facing the Clinton machine, as well as the conservatism of mainstream media, Sanders might not win the race,” Piketty observes, but, “in many respects, we are witnessing the end of the politico-ideological cycle opened by the victory of Ronald Reagan at the 1980 elections.”

Both former president Bill Clinton and President Barack Obama have failed to even attempt real tax reform, allowing for inequality to run rampant, according to Piketty. “Sanders’ success today” however, Piketty argues, “shows that much of America is tired of rising inequality and these so-called political changes, and intends to revive both a progressive agenda and the American tradition of egalitarianism”:

http://www.salon.com/2016/02/16/thomas_piketty_says_bernie_sanders_can_change_the_face_of_the_country/

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