Summary:
Free capital flow increases inequality. No surprise. That is what is supposed to happen with capital accumulation under capital, where capital is privileged over labor (people) and land (the environment).The Unassuming EconomistDani Rodrik’s Primer on Trade and InequalityPrakash Loungani | Assistant Director in the IMF's Independent Evaluation Office, Adjunct Professor at Johns Hopkins University (Carey School of Business), a Senior Fellow at Policy Center for the New South (a global think tank based in Rabat, Morocco) and a member of the advisory board of JustJobs Network based in New Delhi
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Free capital flow increases inequality. No surprise. That is what is supposed to happen with capital accumulation under capital, where capital is privileged over labor (people) and land (the environment).Free capital flow increases inequality. No surprise. That is what is supposed to happen with capital accumulation under capital, where capital is privileged over labor (people) and land (the environment).The Unassuming EconomistDani Rodrik’s Primer on Trade and InequalityPrakash Loungani | Assistant Director in the IMF's Independent Evaluation Office, Adjunct Professor at Johns Hopkins University (Carey School of Business), a Senior Fellow at Policy Center for the New South (a global think tank based in Rabat, Morocco) and a member of the advisory board of JustJobs Network based in New Delhi
Topics:
Mike Norman considers the following as important:
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The Unassuming Economist
Dani Rodrik’s Primer on Trade and Inequality
Prakash Loungani | Assistant Director in the IMF's Independent Evaluation Office, Adjunct Professor at Johns Hopkins University (Carey School of Business), a Senior Fellow at Policy Center for the New South (a global think tank based in Rabat, Morocco) and a member of the advisory board of JustJobs Network based in New Delhi