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One way to protect democracy is to stop pushing policies that redistribute income upward.

Summary:
From Dean Baker That one is apparently not on the agenda, at least according to Amanda Taub’s NYT “The Interpreter” piece. The piece notes the declining support for center right and center left parties in most western democracies. While it notes that people feel unrepresented by these parties, it never states the obvious, these parties have consistently supported monetary, fiscal, trade, and intellectual property policies that redistribute an ever-larger share of income to people like Bill Gates and Robert Rubin. It should not be surprising that most of the public is not enthralled with this outcome and the parties that promote it. And yes, there are alternatives, as I point out in my (free) book, Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the

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from Dean Baker

That one is apparently not on the agenda, at least according to Amanda Taub’s NYT “The Interpreter” piece. The piece notes the declining support for center right and center left parties in most western democracies. While it notes that people feel unrepresented by these parties, it never states the obvious, these parties have consistently supported monetary, fiscal, trade, and intellectual property policies that redistribute an ever-larger share of income to people like Bill Gates and Robert Rubin.

It should not be surprising that most of the public is not enthralled with this outcome and the parties that promote it. And yes, there are alternatives, as I point out in my (free) book, Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer

Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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