3min chapter

The Joe Walker Podcast cover image

Deaths Of Despair And The Future Of Capitalism — Angus Deaton

The Joe Walker Podcast

CHAPTER

The Relationship Between Inequality and Rent Seeking

Income inequality is a problem of rent seeking in America, he says. He argues that while there were low-hanging fruit to be picked, making a success was primarily a task of exploiting nature rather than other people. "You've got no truck with sort of the makers as opposed to the takers"

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