What is neoliberalism? How the 'Washington consensus' was imposed on the world
Geopolitical Economy Report
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The Importance of Long-Term Investment in the Economy
As there's more inequality, it actually hurts economic growth. Working people tend to suspend a much larger percentage of their overall income because they're buying food and other products which increases economic activity. When rich people get access to more income, they invest it in more assets,. That leads to a big bubble that is not high-quality economic growth in the real economy.
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