Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

And neither does anybody else. However, only leftists think it's a BAD thing. And the reason for that is that most leftists have a collectivistic and hierarchical mindset and as a result wish only to have as few people people as possible that make more money then them.

That's where you have it wrong. We don't mind some inequality. We do mind when inequality is growing and incomes for those outside the top 1% are stagnating or declining.

We mind this gap:

And this one:

and this one:

and this one:

All of these show that the overall income is growing, sometimes quite strongly, but that growth is going ONLY to the very rich.

THAT's what we're fighting. The totally skewed sharing of the fruits of growth over the past 30 years - which is the direct result of the neo-liberal, "greed is good", "the poor have what they deserve", "screw society" ideology.

Runaway neoliberalism is what we're fighting. Not capitalism per se. In fact, regulated (or social-democratic) capitalism is what made our countries rich and built the middle class. But it's not what we have now.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Oct 27th, 2007 at 09:26:09 AM EST
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