Robert Samuelson has a great op-ed in this morning's Wasington Post about the divergence between those who create wealth and those who engage in predatory behavior, redistributing upward the wealth created by others. This addresses what I have called the "financialization" of the economy. It is the most sever cancer eating at the heart of the market economy and one that our pro-market ideologues tend to ignore.
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In This Issue
- Editorial: Can Guatemala overcome the drag of the past?
- Homeless youth seep through the cracks
- Confession is about the mind-boggling mercy of God
- Special Section (in print only): Travel
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by Joshua J. McElwee NCR Today
by Vinnie Rotondaro NCR Today