Bruce Judson

The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look minor? Could we be facing an existential challenge to the promise of America? Inequality has reached historical highs. Throughout human history, this level of disparity has proven intolerable, almost always...