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.
EXHIBIT A
A revolution against neoliberalism?
If rebellion results in a retrenchment of neoliberalism, millions will feel cheated.
‘Abu Atris,’ Aljazeera, 24 February 2011
EXHIBIT B
Of the 1%, by the 1%, for the 1%
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