Posts Tagged: Wealth Inequality
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A Conversation With Matt Taibbi and Molly Crabapple

On one side of The Divide—the gap in the justice system between the rich and the poor that provides the title for Matt Taibbi’s brilliant and enraging new book—financiers and other wealthy people commit egregious crimes, including laundering drug money, and rarely face jail time. Prosecutors worry about "collateral consequences" before filing charges.

The Divide: American Injustice in the Age of the Wealth Gap, by Matt Taibbi with illustrations by Molly Crabapple, will be published on Tuesday. You can order it now now now, wherever capitalism allows you to obtain books:

Spiegel & Grau / Random House

McNally Jackson

Amazon [...]

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The Fraudulent Case for the Benefits of Wealth Inequality

Americans, having seen the fruits of their productive lives waste away over the past decade in a free-market fantasia, have evidently resorted to the most efficient psychic adjustment on offer. They steadfastly refuse to believe that we live in conditions of dire wealth inequality—while also persisting in the belief that the comparatively level social order of their fond imagining needs to be more equal still. The sheer scale of this fancy calls to mind the epitaph that William Holden delivers for Gloria Swanson’s character in Billy Wilder’s classic study in Hollywood delusion, Sunset Boulevard: “Life, which can be strangely merciful, had taken pity on Norma Desmond. The dream [...]