Joe Stiglitz: The People Who Break the Rules Have Raked in Huge Profits and Wealth and It's Sickening Our Politics | Alternet

Cropped picture of Joseph Stiglitz, U.S. economist. (Photo credit: Wikipedia)

Joe Stiglitz: The People Who Break the Rules Have Raked in Huge Profits and Wealth and It's Sickening Our Politics | Alternet:

 "We created this inequality—chose it, really—with laws that weakened unions, that eroded our minimum wage to the lowest level, in real terms, since  the 1950s, with laws that allowed CEO's to take a bigger slice of the corporate pie, bankruptcy laws that put Wall Street’s toxic innovations ahead of workers. We made it nearly impossible for student debt to be forgiven. We underinvested in education. We taxed gamblers in the stock market at lower rates than workers, and encouraged investment overseas rather than at home."

Related articles

• "A World of Radical Inequality Doesn't Work"
• Joe Stiglitz: '95% of the gains from 2009 to 2012 went to the upper 1%.'
• Stiglitz: We Created This Inequality
• Economics Daily Digest: Labor for healthier politics
• Joe Stiglitz: The People Who Break the Rules Have Raked in Huge Profits and Wealth and It's Sickening Our Politics
• Joe Stiglitz: The People Who Break the Rules Have Raked in Huge Profits and Wealth and It's Sickening Our Politics