3min chapter

The Fifth Column cover image

376 “All the (Unemployed) Young Dudes”

The Fifth Column

CHAPTER

The Slowdown in Economic Growth?

Since 2000, we've seen an explosion of net worth of private wealth in the United States. The slowdown in economic growth is real and very troubling. And at the end of the day, I don't think that you have to be Nostradamus to say that if you have an explosion of wealth for the wealth holders and a decline in work for the workers, you're setting a kind of a stage for a populist phenomenon.

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