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Wednesday, September 10, 2003

The Great Unravelling 

Krugman gets a good review in the New Yorker here:

The Great Unraveling is, in part, an attempt to explain how the federal government has been transformed into a political-action committee for the well-to-do. Instead of dealing with the problems facing the country, Krugman thinks, Administration officials and lawmakers spend most of their time trying to divide the spoils among their wealthy backers. "American politics has become highly polarized," he writes. "The center did not hold. Underlying that political polarization is the growing inequality of income. The result is a form of class warfare" driven not by attempts of the poor to soak the rich, but by the efforts of an economic elite to expand its privileges."

Film at 11...

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