What we really need to understand here is that it`s all about power. This is where the surge is coming from for Bernie Sanders. In some ways, it`s a very different - it`s a different surge, but it`s coming out of the same sort of sense of fundamental powerlessness and anger and frustration for Donald Trump.

On the Republican playing field, Republicans always win.

When top executives get huge pay hikes at the same time as middle-level and hourly workers lose their jobs and retirement savings, or have to accept negligible pay raises and cuts in health and pension benefits, company morale plummets. I hear it all the time from employees: This company, they say, is being run only for the benefit of the people at the top. So why should we put in extra effort, commit extra hours, take on extra responsibilities? We'll do the minimum, even cut corners. This is often the death knell of a company.

You can't create a political movement out of pabulum.

Well-trained and dedicated employees are the only sustainable source of competitive strength.

You and I and almost all Americans are beneficiaries of the new economy. But we are also losing parts of our lives to the new economy - aspects of our family lives, our friendships, our communities, ourselves.

The key to understanding the rise in inequality isn't technology or globalization. It's the power of the moneyed interests to shape the underlying rules of the market.