
288 | Michael Tomasky: Why Progressive, Middle-Out Economics Will Succeed Neoliberalism
The Realignment
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The Transfer of Wealth From the Bottom in the Middle to the Rich
Jeff Bezos is able to become incredibly wealthy and we could debate whether or not he should have been paying a higher level of taxes on that wealth. But I don't say Jeff Bezos is stealing that from anyone on the lower and middle side. A lot of new wealth was created by some of the economic activities you mentioned the internet and stuff into it created money that just didn't exist before. There are a lot of policy decisions and laws and changes in culture and custom that have shifted a lot of that money from the middle to the top.
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