Inequality: What Can Be Done?
Anthony B. Atkinson
Harvard University Press
Inequality will be everywhere and nowhere in the 2016 presidential debates. Given the way the rhetoric has evolved among the leading candidates, the economy will likely take center stage. The general tenor will be that something has gone wrong, that the economy isn’t working for everyday people. Yet, the moment it comes to explaining why, conventional wisdom will trap the conversation in a state of false idealism, if not paralysis.
There was a preview of this with President Obama several years back. For a brief moment in late 2013, Obama discussed “a dangerous and growing inequality and lack of upward mobility [as] the defining challenge of our time.” But this quickly transitioned into a conversation about opportunity, with the argument that “opportunity is who we are. And the defining project of our generation must be to restore that promise.”
Clearly, responding adequately to inequality is about much more than the government encouraging people to take advantage of opportunity. But conventional wisdom continues to insist that culture and technology—rather than public policy—are the leading drivers of inequality. It consistently argues that bold solutions won’t work, because they will reduce business growth and innovation by such a degree that the entire effort will become counterproductive.
[For more of this story, written by Mike Konczal, go to http://www.psmag.com/books-and...itys-rhetorical-trap]
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