In the spring of 2014, I published a series of essays at Dissent under the banner of “Our Inequality.” The overarching argument, following the work of a generation of institutional and labor economists, was that the dramatic growth in economic inequality since the 1970s was not some unfortunate symptom of globalization or technological change but was essentially a political choice. Growing inequality, as John Schmitt put it succinctly in a 2009 essay, was and remains “a function of power, sustained by politics, and implemented as policy.”

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