Wealth Inequality – Podcast May 25, 2020

Growing Wealth Inequality In The Age Of Pandemic. Revisiting Capital In The Twenty-First Century by Thomas Picketty, the Democratic Perspective crew discusses the causes of increasing inequality of income, wealth and opportunity in the US. They note that, after wealth inequality diminished following the Great Depression and World War II, it soared as the result of numerous policy decisions beginning with the Reagan administration. And the pandemic has only made matters worse with large corporations and the wealthy accumulating most of the funds intended to provide relief from the pandemic.

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