"Last month Pope Francis asked whether “trickle-down theories, which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness…”.
Rush Limbaugh accused the Pope of being a Marxist for merely raising the issue. But the question of how to bring about greater justice and inclusiveness is as American as apple pie. It animated our efforts for more than a century –- during the Progressive Era, the New Deal, the war on poverty, the struggle for civil rights, and beyond — to make capitalism work for the betterment of all rather merely than the enrichment of a few.
The trickle-down market fundamentalism that took root in America in the early 1980s got us fundamentally off track. It is time to recommit ourselves to the shared prosperity and upward mobility that were once the heart of the American dream.
I wish you and yours a Merry Christmas."
--Robert Reich, American political economist, professor, author, and political commentator
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The Meaning of a Decent Society