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January 11, 2012

On the insidious leveling effects that we simply do not tally up in our discussion of rich and poor

Works and Days » Mr. Obama's 99% -- Are We Poor or Just Unequal or Both or Neither? For all John Edwards'€™ talk of "two nations," of Barack Obama's lifelong effort to demonize "corporate jet owners"
and "millionaires and billionaires"€ (the latter 1000 times wealthier than the former), for all the sociologists and economists who get tenure by writing obscure, clever little essays that few read on insidious class differences, the classes have never been closer. Globalization, rapidly advancing technology, the Chinese exporters, and a huge redistributive government, printing money to service $16 trillion in debt, have all accomplished what bureaucrats and politicos could not: the simulacra of equality.

Posted by gerardvanderleun at January 11, 2012 11:14 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

That is indeed the point, since envy feeds on the narcissism of small differences. Peasants did not envy kings, since doing so was in the realm of the impossible.

Posted by: Gagdad Bob at January 11, 2012 11:25 AM

There is equality for only as long as the printing press works. Obama hasn't and won't perform maintenance on that machine.

Posted by: Peccable at January 11, 2012 1:28 PM

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