Rethinking Capital | Paul Krugman, Stephen Dorrell, Alex Callinicos
Philosophy For Our Times
00:00
The Gap Between Rich and Poor Continues to Grow
In 34 member states, the richest ten % of the population earn nine point six times the income of the poorest ten per cent. No increase in productivity justifies this change in relative compensation. According to professor joe stiggles from the columbia business school, c os to day get pay that's roughly 300 times that of ordinary workers. It used to be 20 or 30 times. Alex: Do you think we are on an inevitable road to greater and greater disparities of wealth?
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