Michael Lind’s article in Evonomics shows the kind of rooseveltean thinking that the oligarchs deeply fear might take hold. “An Anti-Rentier movement would oppose unproductive, ill-begotten wealth, not the rich in general. Wealthy individuals who get richer by investing in start-up companies or funding long-lived, creative blue-chip firms provide a valuable benefit to society, even as they risk losing their own money. Such risk-taking investors are the opposites of financial sector rentiers who seek to bribe policymakers into letting them privatize their gains while socializing their losses.”http://evonomics.com/real-takers-america-unproductive-rent-extracting-rich/
Radical? A bit, sure. But what’s the alternative? Do the rentier-oligarchs actually believe they can crush us back into inherited-nobility and feudalism? If the coming re-set is not a moderate-pragmatic rooseveltean one - as instituted by the Greatest Generation - then it will be something much more radical. Already, search results for Karl Marx” have skyrocketed, in recent years.
My biggest complaint about Lin is that he doesn't mention Adam Smith. We moderates and - yes, liberals - need to make clear our intent to reclaim the founder of western liberalism. The right has betrayed him.