Rethinking Capital | Paul Krugman, Stephen Dorrell, Alex Callinicos
Philosophy For Our Times
00:00
Is the Growing Disparity Inevitable?
Stephanie Wilkinson asked whether the growing gap between rich and poor is inevitable or if there are actions being taken to close it. She said: 'Do you think, over all, it may be beneficial? Yes, i am concerned about it' But she also reminded us that when we see a world in which chief executives take home telephone numbers as pay, what matters more is rising living standards for people across the country. If don justigl is i thint there's a relationship between the accelerating level of pay and productivity, for example, it's difficult to work out how this works. It's actually the level of chief executive and bankers. Bankers are a specialr a special case
Transcript
Play full episode
