This piece of commentary by Robert Reich looks at whether is would be beneficial to the economy as a whole if the 1% had a smaller piece of the economic pie. This is linked to the distribution of income that we looked at in class and what would happen if the bell-shaped curve was made steeper. However, Reich directs the discussion to the idea that the economy is very complex and that everyone(all 100%) can be better off at the same time if the economy functions more effectively.
No comments:
Post a Comment