From In These Times, Peter Frase and Bhaskar Sunkara on the Welfare State of America: A manifesto on building social democracy in the age of austerity (and a response by Frances Fox Piven). Beyond the welfare state: Martin O’Neill and Thad Williamson on Rawls’s radical vision for a better America. The rich and the rest: American inequality is a tale of two countries. J. Bradford DeLong on America, land of inequality. Chuck Marr of the Center on Budget and Policy Priorities has posted a breakdown of the "47 percent" of Americans (actually, 46 percent) who don't pay federal income taxes. From Vanity Fair, William D. Cohan and Bethany McLean go inside Jamie Dimon’s post-London Whale rallying. The Randian and the Bailout: Bob Benmosche was perfectly happy to while away his retirement on his Croatian vineyard — but the image of AIG employees being beaten up for their bonuses was just too much to bear. William D. Cohan how to crash an economy and escape the scene. William Pesek on putting America’s bankers out of business now. The critic Wall Street loves to lunch with: Noreen Malone on Felix Salmon’s foppish war on the banks.

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