American Banker — Citigroup’s Corbat says income inequality keeps him up at night

Summary:
Is Wall Street getting the message that "capitalism" is not working in that prioritizing capital over the rest of the factors of production is resulting in not only economic issues but also social dysfunctionality and political polarization? This is also affecting US foreign policy adversely as the American leadership forces "capitalism" on the rest of the world regardless of other considerations, leading to a breakdown of globalization, a diminishment of world trade, and increasing nationalism. Capitalism" is also the basis for increasing negative externality that is culminating in an existential threat to life on the planet. As this becomes more widely recognized, the blowblack is affecting perceptions of "capitalism" as shown by a rising interest in "socialism."American

Topics:
Mike Norman considers the following as important: inequality

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