Home / Sezioni / globi / Income inequality is ‘Destabilizing’

facebook-link twitter-link

Newsletter

Registrati alla newsletter di sbilanciamoci.info

Sezioni

Ultimi link in questa sezione

05/10/2015
Turni di 12 ore e dormitori, l’Europa di Foxconn sembra la Cina
14/07/2015
La vera tragedia europea è la Germania
04/07/2015
Redistributing Work Hours
22/06/2015
Institutions and Policies
21/05/2015
A Finance Minister Fit for a Greek Tragedy?
04/05/2015
I dannati di Calais
04/05/2015
Are creditors pushing Greece deliberately into default?

Income inequality is ‘Destabilizing’

21/06/2014

Lloyd Blankfein, CEO of investment bank Goldman Sachs, called income inequality “very destabilizing” during an appearance on CBS “This Morning” on Thursday.

Arguing that the growing division between the top and bottom of income earners drives political divisions that makes it difficult to legislate and “deal with problems” and therefore “drive growth,” he said, “It’s a very big issue and something that has to be dealt with.”

Blankfein himself can be counted among the 1 percent who have been grabbing most of the country’s income growth, as he is the world’s best paid banker with a $2 million annual salary and tens of millions more in bonuses, adding up to a net worth of $450 million.

Read more

Tratto da thinkprogress.org