The Dirty Secret of Capitalism: Difference between revisions
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=Notes - 2014 Speech= | |||
*Since 1980, wages of CEOs went from 30x median to 500x median. | |||
*"Let's shrink the size of the government, but not by slashing poverty programs, but by ensuring that workers are paid enough, so they don't actually need those programs. | |||
*"Divine right" of kings shifted to "trickle-down economics" of the 20th century. | |||
=How Economic Inequality Harms Society= | |||
*Wealth in rich countries doesn't affect prosperity. Level of equality affects prosperity in rich countries. | |||
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=Links= | |||
*Other critiques of capitalism - Mexie on postcapitalism - [https://www.youtube.com/channel/UCepkun0sH16b-mqxBN22ogA/videos] | |||
Latest revision as of 23:20, 28 October 2019
Notes - 2014 Speech
- Since 1980, wages of CEOs went from 30x median to 500x median.
- "Let's shrink the size of the government, but not by slashing poverty programs, but by ensuring that workers are paid enough, so they don't actually need those programs.
- "Divine right" of kings shifted to "trickle-down economics" of the 20th century.
How Economic Inequality Harms Society
- Wealth in rich countries doesn't affect prosperity. Level of equality affects prosperity in rich countries.
Links
- Other critiques of capitalism - Mexie on postcapitalism - [1]