There is no question that inequality has been rising in the United States and that it raises numerous issues concerning what is a fair distribution of income and wealth, what taxes we ought to raise, and how to prevent those who acquire great economic power from also gaining excessive political power (through campaign contributions).
I share these social justice concerns. However, I cannot help but note that there is a world of difference between putting something on the front pages of the newspapers for a few weeks and achieving changes in laws and, above all, in the distribution of wealth.
Given that Occupy Wall Street has not advocated any specific ways to reduce inequality and does not have the political organization to back up such an agenda, either others will have to find ways to curb inequality or we will see little progress on this front in the great budget battles to come shortly after the 2012 election.
Occupy Wall Street (Photo credit: skinnylawyer)