S7 E7: Gilded Age 2.0
Scene on Radio
00:00
Wealth Siphoning
- Despite economic growth and increased productivity, wealth distribution is highly skewed.
- Instead of higher wages for workers, profits boost corporate value and stock portfolios, primarily benefiting the wealthy.
- Tax cuts over the past four decades have further exacerbated wealth concentration among the rich.
- The rich are getting richer while worker wages stagnate, even though overall productivity and profits increase.
Transcript
Play full episode
