The Economics of Greed
The dramatic growth in income inequality and wealth is a defining feature of this era. Wages are stagnant, workers are laid off, profits zoom, CEOs rake in millions and the stock market soars. The economics of greed prevails. How does it happen? Holly Sklar explains how the political economy really works and what can be done to change it.
Holly Sklar writes for The Nation, Z, USA Today, and other journals and newspapers. She’s the author of Trilateralism, Streets of Hope, and Chaos or Community?: Seeking Solutions, Not Scapegoats for Bad Economics.