Below are two opinion pieces.
The first is “A revolution against neoliberalism” by Abu Atris, it appeared in Al Jazeera on 24 Feb. The second is “Of the 1%, by the 1%, and for the 1%” by Joseph Stiglitz. One is about the Arab Revolt in Egypt and the other is about income inequality in the United States … they raise stunningly similar — and very disturbing — themes when compared to each other. I urge readers to read each carefully and think about the likenesses and differences between them.
If rebellion results in a retrenchment of neoliberalism, millions will feel cheated.
Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.
By Joseph E. Stiglitz, Vanity Fair, May 2011