An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, April 6, 2015
Lawrence Ezrow — Do economic inequality and political inequality go together?
Yep. The way I would put it that social asymmetry (class), political asymmetry (power) and economic asymmetry (wealth) are interdependent, and that this is based on institutional arrangements in a society. The focal point is institutional arrangements.
The Washington Post
Do economic inequality and political inequality go together?
Lawrence Ezrow | Professor of Government at the University of Essex in the United Kingdom
ht Mark Thoma at Economist's View
See also
Much wiser and more pervasive than the post suggests, with a very fine line between crime and sharp dealing.
Bloomberg View
How Criminals Built Capitalism
Clive Crook
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