Unemployment and Inequality: A Reading Sample
Oxfam, an international development NGO, decries the “power takeover” by the rich and the fattest moneybags for manipulating the political system, introducing unfair rules of the game to their favor, to pay lower taxes, observe fewer regulations and hardly fear controls anymore.
“The past will devour the future” if there is no radical change of direction in economic development. That is Thomas Piketty’s prediction. Piketty sees the solution in a global capital tax or wealth tax.