Inequality and the Crisis of Capitalism and Democracy – Jon Kofkas
The great challenge of our time is not a clash of civilizations…[nor] the revival of the Cold War in the form of a renewed US-Russia confrontation or in the forms of the evils of unconventional war that the US calls “terrorism”, a generic term governments use to label any opponent terrorist. These issues are manufactured and symptomatic of capitalist countries engaged in an intense world competition for markets and raw materials. The great challenge of our time is social and geographic inequality that threatens not only the system of capitalism creating inequality, but the democratic political regime under which capitalism has thrived in the last one hundred years.
Part I: Structural Problems of Extreme Inequality
Part II: Attitudes of the Rich toward the Poor and Working Poor
Part III: Can Democracy Be Viable with a Wide Gap between Rich and Poor?
Reading Development 