It's no longer an exaggeration to say that middle-class Americans are an endangered species.
Arianna HuffingtonItโs not โWhat do I want to do?โ, itโs โWhat kind of life do I want to have?โ
Arianna HuffingtonThe middle class is teetering on the brink of collapse just as surely as AIG was in the fall of 2009 - only this time, it's not just one giant insurance company (and its banking counterparties) facing disaster, it's tens of millions of hardworking Americans who played by the rules.
Arianna HuffingtonMarket forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.
Arianna Huffington