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They're teaching economics wrong – full interview with Ha-Joon Chang

Garys Economics

CHAPTER

The Power of Wealth: Inequality and Taxation

This chapter explores the relationship between economic inequality and power dynamics in society, emphasizing how wealth distribution influences resources, media control, and political influence. The discussion critiques existing economic perspectives on taxation of the wealthy and highlights historical examples that support equitable taxation. It advocates for a narrative shift and greater public economic literacy to empower policies aimed at reducing inequality and improving societal well-being.

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