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| A Tea Party sign: image courtesy of IPWatchdog.com |
Jeffrey D. Sachs, the director of the Earth Institute at Columbia University and the author, most recently, of “The Price of Civilization: Reawakening American Virtue and Prosperity,” suggests in his op-ed at the NY Times that the Occupiers might be the nucleus for a new progressive movement.
And we do need a new one.
I’m not sure I share Sachs’ optimism, but I’m inclined to trust the judgment of someone who gets the reality that “Both parties have joined in crippling the government in response to the demands of their wealthy campaign contributors …”
Sachs begins on this note:
OCCUPY WALL STREET and its allied movements around the country are more than a walk in the park. They are most likely the start of a new era in America. Historians have noted that American politics moves in long swings. We are at the end of the 30-year Reagan era, a period that has culminated in soaring income for the top 1 percent and crushing unemployment or income stagnation for much of the rest. The overarching challenge of the coming years is to restore prosperity and power for the 99 percent.
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