It’s not just that governments don’t tax enough. It’s that they don’t tax big incomes and big wealth nearly enough. Economist and professor Richard Wolff argues that modern global capitalism is theft on a massive scale. In modern capitalism, governments routinely borrow money. They do this to finance budget deficits
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Accidental Deliberations: Saturday Morning Links
Assorted content for your weekend reading. – Bill Moyers interviews Richard Wolff about inequality – featuring Wolff’s observation that anybody trying to justify inequality as an inevitable byproduct of unregulated markets manages only to make those markets indefensible: Bill Moyers: When you say that there’s no economic argument that people
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