Toward a class-bound society

The share of wages in gross domestic product is falling, in part because companies are using productivity gains to shed workers rather than produce more product, leading to slack labor markets that funnel all the gains from productivity to the shareholders (less, of course, what’s stolen by the management). Over the longer term, economic mobility is declining. Add to that tax cuts for the very rich and the abolition of the estate tax, and we’re well on the way to a persistently stratified social system, supported by a money-dominated political process.

It turns out that Republicans hate talking about class warfare, but they don’t mind practicing it as long as the class that writes their contribution checks is winning.

Author: Mark Kleiman

Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out. Books: Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken) When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist Against Excess: Drug Policy for Results (Basic, 1993) Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989) UCLA Homepage Curriculum Vitae Contact: Markarkleiman-at-gmail.com