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Redistributing Wealth Downward can Make Societies Richer

Back in the 1980s, eagle-eyed economists began reporting out a pair of phenomena you actually didn’t need eagle eyes to see: America’s most affluent were becoming richer much faster than Americans of modest means. And many of those Americans of modest …

Back in the 1980s, eagle-eyed economists began reporting out a pair of phenomena you actually didn’t need eagle eyes to see: America’s most affluent were becoming richer much faster than Americans of modest means. And many of those Americans of modest means weren’t becoming richer at all. These new trends were essentially turning the economic More

The post Redistributing Wealth Downward can Make Societies Richer appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sam Pizzigati.


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