James K. Galbraith on "Inequality and Instability: What's Ahead for the World Economy"

[marmar]

Published on Feb 18, 2013

Economist James K. Galbraith, one of the country's leading analysts of the financial crisis, speaks on the link between the growing inequality and economic instability. Galbraith, a professor in the LBJ School of Public Affairs at the University of Texas, will focus on the argument in his new book, Inequality and Instability: A Study of the World Economy Just before the Great Crisis, which demonstrates that increased inequality is a product of the rise of windfall profits in finance and the deregulation of markets.

[midnight]

1. Losing importance of distribution of income is the gateway to austerity..

Today Minimum wage standards have not kept pace with inflation.... If they did they, minimum wage would be $16.50.....


http://www.timeforaraise.org/

[limpyhobbler]

2. marking to watch later