This is part 4, the final part, of the interview with James K. Galbraith. Previously I posted Inequality and Instability, Inequality and Instability – Part 2, and Inequality and Instability – Part 3.

This is a conclusion that is much less disappointing than most. Usually, I read strong books like this one that are full of surprising and valuable insights, and the last chapter about what to do with these insights falls completely flat.

This conclusion strongly stated the lessons learned and what needs to be done. Sadly, the final statement that we need to reclaim one of the parties from the grips of the financial sector is still missing a “how to” that we can implement.

In Massachusetts, the election of Elizabeth Warren to the Senate instead of returning Scott Brown to the Senate is the best chance that we have to start the process of getting control of the situation. Elizabeth Warren has studied the damage the financial sector has done, and has actually had a role in trying to bring the financial sector to heel. Scott Brown is not even aware of the issue.