Today, I mark my one hundred and fiftieth Red Notes column. As I started writing…
The Exploitation Time Bomb Jayati Ghosh
Worsening economic inequality in recent years is largely the result of policy choices that reflect the political influence and lobbying power of the rich. There is now a self-reinforcing pattern of high profits, low investment, and rising inequality posing a threat not only to economic growth, but also to democracy.
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(This article was originally published in the Project Syndicate on July 16, 2019)