#tlot #tcot #teaparty #union #iww #occupy #ows #p2 #p21 Will Capitalism Survive its Growing Wealth Gap? http://www.thesocialist.us/will-capitalism-survive-its-growing-wealth-gap/ The Occupy movement that started in 2011 focused attention on the gap between the “1 percent,” who hold most wealth and power, and the “99 percent” who don’t. A book by Thomas Piketty, the French economist, has provided data and proposals to continue and to focus this discussion. Piketty’s work has been widely acclaimed. He has spoken to the U.S. President’s Council of Economic Advisors and given a talk at the International Monetary Fund. What he writes is in tune with President Obama’s statement that inequality is “the defining challenge of our age.” It was the Occupy movement that changed the discussion in the U.S. after the 2008 financial collapse, from “How capitalism helps us all,” to “How capitalism divides us increasingly into haves and have-nots.” It was the Occupy movement that created an environment in which Thomas Piketty can be received like a rock star...