Common man and woman vs. corruption

Reading domestically in the LA Times, about the President’s December speech about income inequality:

Unlike unemployment, which is an acute problem today with straightforward remedies confounded by the political system.

But Obama is absolutely correct. Virtually every economic problem we have today — slow growth, high unemployment, low social mobility among the underclass — is both a manifestation and a cause of economic inequality. Income inequality produces stagnating wages for middle- and working-class employees, which suppresses overall economic growth, which creates low employment. The capital-owning class spends its income at a lower rate than the working class, which consumes most of it in the near term; that reduces overall demand in the economy, causing low growth and less employment. Slow growth also suppresses public investment in schools and social programs, which create obstacles to social mobility.

________

The on the global front, the Rise of the AAP in New Delhi, from Waging Nonviolence:

shifting its strategy to party politics has only strengthened the movement’s momentum. A few months ago, Aam Aadmi was a curiosity; now, it’s a force in India and a call for pro-democracy movements elsewhere to step up their game.

… and another perspective from the Deccan Chronicle:

That AAP would be different from the mainstream parties was known — that was its USP, its unique selling proposition that attracted a motley band of followers, from well-heeled urban professionals to starry-eyed youngsters to auto drivers, all motivated by the possibility that a revolution is in the making. So deep is the antipathy towards the bigger parties, at least in the urban areas, that anything that looks like a viable alternative becomes attractive. The old Left parties are in a state of decline — they have run out of ideas.

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