The Phaserl


The Inequality Trap Distracts from the Real Issue of Freedom

from The Economic Policy Journal:

I have a new article on the news and commentary website, “EpicTimes,” on “The Inequality Trap Distracts from the Real Issue of Freedom.”

Thomas Piketty’s new book on, Capital in the Twenty-First Century
has been hailed as a renewed demonstration that capitalism breeds unjust income inequality that can only have its remedy in virtually confiscatory taxing policies to impose a more “just” and more equal range of incomes.

I argue that Piketty misses essential aspects of the workings and nature of the market economy, including;

Read More @ The Economic Policy Journal

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to The Inequality Trap Distracts from the Real Issue of Freedom

  • rich

    Early Tap of 401(k) Replaces Homes as American Piggy Bank

    Premature withdrawals from retirement accounts have become America’s new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who needed the money to rent a U-Haul and start a new life.

    Her employer, the University of Pittsburgh Medical Center, had outsourced Cromie’s medical transcription work. Cromie said the move cut her income by as much as 60 percent, at times leaving her with minimum-wage pay.

    So, last year, at age 56, she moved about 90 miles from her home in Edinboro, Pennsylvania, into her mother’s basement. To make ends meet as she moved and then quit the job, Cromie pulled out $2,767 from her retirement savings.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>