“So as to give them courage we must teach people to be shocked by themselves.”

Daily Archives: December 28, 2010

Season’s Greetings from Grandma Franco

After the Deluge

From an article by Jeffrey Sachs, at one time a wunderkind of the neoliberal order:

“Amazingly, the richest 1% of American households now has a higher net worth than the bottom 90%. The annual income of the richest 12,000 households is greater than that of the poorest 24m households.”


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