The ideas of Marxism are like a vintage wine.
A Harvard economist was reduced to making personal attacks as he tried to evade Thomas Piketty's key theses about capitalism and its tendencies toward unsustainable inequality.
"These workers deserve a guarantee that livelihoods will not be jeopardized by a change in management."
The CPUSA will meet in Chicago June 13-15 for its 30th national convention.
Nearly every economist of any reputation must now deal with the stunning evidence behind the inequality trends Piketty illuminates.
They flocked to hear the unapologetically self-avowed "Marxian economist" who has long toiled in the obscurity of academia and left circles.
There's a long way to go. And, unfortunately, the politicians who enabled the corporate criminals on Wall Street seem to be beyond the law's reach.
Blame for Detroit's decline, and solutions Governor Rick Snyder and his appointed Emergency Manager Kevyn Orr proposed in today's bankruptcy press conference, left key players in that decline blameless.
The U.S. as a whole has regained all the household wealth it lost to the recession but it's the rich that have scooped all the cash.
These are banks, and bankers, whose failure precipitated the financial crisis, and the succeeding depression and bailouts. There have been bailouts, but, so far, no prosecutions of the CEO's.