Wednesday, April 3, 2013

Change will not come from government and this policy or that - only from extra-congressional, extra-parliamentary strategies.

Here is a two-part interview with Stephanie Seguino, who, though focusing squarely on income inequality and its racial and gender implications, is not a revolutionary transformer of capitalism but a technical reformer in the Krugman Keynesian tradition. Like  Krugman, she advocates closely monitored public spending as a way to stimulate the economy. An interesting argument - especially on how profoundly youth, blacks, Hispanics and single mothers are disparagingly affected by income inequality resulting from the 2008 crisis - but one, alas, that simply asks for better management, not change to the very system itself. It remains clear that change will not come from government and this policy or that -  only from extra-congressional, extra-parliamentary strategies.

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