Socialism For Rich Bankers And

Our Moral Authority Is As Important, If Not More Important, Than Our Troop Strength Or Our High-tech Weapons. We Are Rapidly Losing That Moral Authority, Not Only In The Arab World But All Over The World.

Regardless Of How You Interpret The Facts, You Have To Come To The Conclusion That Inequality Is Widening In The Us And In Almost Every Other Country.

Now We're In A Very Different Economy. Throughout The Late 1980s And 1990s American Management Started To Do The Right Things. There Was Extraordinary Investment In Technology. The Dominant Questions Now Are Less How To Do It Better, How To Manage Better, How To Make The Economy Better, Than How To Have Fuller And More Meaningful Lives. Because The Irony Is, Now That We've Come Through This Great Transition, Even Though Our Organizations And Our People Are Extraordinarily Productive, Many Feel That The Nonwork Side Of Life Is Very Thin.

We Already Have An Annual Wealth Tax On Homes, The Major Asset Of The Middle Class. It's Called The Property Tax. Why Not A Small Annual Tax On The Value Of Stocks And Bonds, The Major Assets Of The Wealthy?

In The '90s It Was Irrational Exuberance. Now It May Be Irrational Doom And Gloom.