Site logo

Prometheus 6

All respect and no restraint

Send to Friend

FromTo


I thought this article from Prometheus 6 would interest you

The alternative is...to stop being either capitalist, democratic or both

Quote of note:

"As I've often said, this is not the type of thing which a democratic society - a capitalist democratic society - can really accept without addressing,"

He has?

But the fact that Mr. Greenspan speaks about this topic at all may show how much the growing concentration of national wealth at the top, combined with the uncertainties of increased globalization, worries economic policymakers as they peer into the future.

Rich-poor gap gaining attention
A remark by Greenspan symbolizes concern that wealth disparities may destabilize the economy.
By Peter Grier | Staff writer of The Christian Science Monitor

WASHINGTON - The income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the stability of democratic capitalism itself.

This site best viewed with a jaundiced eye