By J.D. Alt
Recently I came across a passage from John Steinbeck’s Grapes of Wrath: One of the Joad-clan migrant farmer characters, upon learning that “there’s a newspaper fella near the coast, got a million acres,” replies—“If he needs a million acres to make him feel rich, seems to me he needs it ‘cause he feels awful poor inside hisself.”
I don’t think I’ve ever heard or read a more succinct description of the underlying reality of the income-inequity issue that has moved to the front page of our national dialog. As part of that dialog, I keep trying to frame a case for radical change that the status quo will actively embrace—for the simple reason that if that were to happen, the radical change itself would be more likely to occur—but also, I realize now, because the status quo “feels so awful poor inside hisself”, it will never embrace radical change unless it believes the change will make it feel richer—and, finally, because from my perspective MMT uniquely makes this paradoxical set of relationships possible.