We’ve given self-correction mechanisms 40 years to solve the problem of growing inequality, and the result has been even more inequality.

April 28, 2012 § Leave a comment

But increasingly I am of the view that even if we could level the domestic playing field, it still won’t solve our wage stagnation and inequality problems. ..

We’ve given self-correction mechanisms 40 years to solve the problem of growing inequality, and the result has been even more inequality. … Some people say education is the answer, but we have been trying to reform education for decades, yet the problems remain. The idea that a fix for education is just around the corner is wishful thinking.

http://economistsview.typepad.com/economistsview/2012/04/the-wedge-between-productivity-and-wages.html

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You are currently reading We’ve given self-correction mechanisms 40 years to solve the problem of growing inequality, and the result has been even more inequality. at - Invisible Backhand -.

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