December 28, 2020
On the Path to Plutocracy
Washington Post columnist E. J. Dionne listed some things we’ve learned from having lived through 2020, among them that “while millions of Americans suffered economically, a significant part of our citizenry — particularly those with large stock holdings — got richer.” Income and wealth inequality, already an obscene ratio a year ago, significantly worsened in 2020. It will be a great blessing if we can reverse this trend, and a great tragedy if it continues.