What's your take on Thomas Picketty's new book on Capitalism? Under his analysis it would appear that the 20th Century was a blip on the radar in a rather solid history of oligarchy via the free market. Given that wealth inequality is predicted to get worse at an accelerating rate (like your executive pay data shows) what reforms would you encourage to curb this excess?
Also, given the above, it seems that Democrats and Republicans are very often united on trade deals and tax breaks that continually hurt workers for the benefit of the wealthy and corporations. Given shrinking union density and the unlikeliness of a substantial change in labor law any time soon, how can working families organize in large enough numbers to affect real change when it comes to our bottom lines?
funkmagnet8 karma
Hi Rich,
What's your take on Thomas Picketty's new book on Capitalism? Under his analysis it would appear that the 20th Century was a blip on the radar in a rather solid history of oligarchy via the free market. Given that wealth inequality is predicted to get worse at an accelerating rate (like your executive pay data shows) what reforms would you encourage to curb this excess?
Also, given the above, it seems that Democrats and Republicans are very often united on trade deals and tax breaks that continually hurt workers for the benefit of the wealthy and corporations. Given shrinking union density and the unlikeliness of a substantial change in labor law any time soon, how can working families organize in large enough numbers to affect real change when it comes to our bottom lines?
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