The fantastic article on slate on income inequality had a link today to work by Dean Baker.
He wrote an extremely eye opening book in 2006 called “The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer”
Here’s the summary.
In his new book, economist Dean Baker debunks the myth that conservatives favor the market over government intervention. In fact, conservatives rely on a range of “nanny state” policies that ensure the rich get richer while leaving most Americans worse off. It’s time for the rules to change. Sound economic policy should harness the market in ways that produce desirable social outcomes – decent wages, good jobs and affordable health care.
The introduction (8 pages) is definitely worth a read and the full book is probably only like 40 pages long.
And I thought the UK was bad :(
This is really damning stuff.
Doh. Forgot link.