Everything Is Just Dandy!

The Structural Crisis of the New Deal Order Gave Us Neoliberalism

Colin Gordon

By any measure, economic inequality has shot up over the last half-century. Since 1970, the share of national income claimed by the bottom half of earners has fallen from 21.3 percent to just 13.6 percent, while the share pocketed by the top 1 percent has nearly doubled — from 11.6 percent to 19.1 percent. Although […]