Those here on the right will probably not even read the article. Or they may read a paragraph and toss it aside with a sneer. Stiglitz is just pointing out economic reality--when income disparity grows too great, economic problems follow. It's in the best interests of the upper income segments of society if the lower income segments are not left too far behind. But ignorance and sheer greed are difficult forces to overcome. "The 1 Percent’s Problem" | Vanity Fair
I keep hearing how the wealthy are increasing their share of the riches. Funny, but once upon a time, the second (or third at the time) richest American loaned the US government money to keep operating. Today, Bill, Warren, Larry, and several others could not lend the government enough to operate for a month.
It is an interesting read but I am not sure it really takes into consideration the effect of Globalization and increasing World Markets.
