"All the big gains are going to a tiny group of individuals holding strategic positions in corporate suites or astride the crossroads of finance," writes Krugman. "Rising inequality isn’t about who has the knowledge; it’s about who has the power."VOX
Krugman: soaring inequality isn’t about education; it’s about power
Ezra Klein
1 comment:
If the wealthy are hoarding too much, they need a bit of carrot and stick from government to spend. Tax their savings (capital gains) and exempt more of their income spent on consumption from taxes.
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