Latest ‘pip’ fails with “requires setuptools >= 0.8 for dist-info”

This worked for me:

sudo pip install setuptools --no-use-wheel --upgrade

Note it’s usage of sudo

UPDATE

On Windows you just need to execute pip install setuptools --no-use-wheel --upgrade as an administrator. In Unix/Linux, the sudo command is for elevating permissions.

UPDATE 2

This appears to have been fixed in 1.5.1.