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Theresa May’s brand of inequality | Blog | Class: Centre for Labour and Social Studies

Theresa May’s brand of inequality | Blog | Class: Centre for Labour and Social Studies

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Thursday, May 17, 2012

Depressed Investment Fueled Inequality, Soaring Household And Government Debt - Investors.com

Depressed Investment Fueled Inequality, Soaring Household And Government Debt - Investors.com: For the past three decades, the major macro trends of credit growth — to dangerous heights — and widening income disparities have proceeded in tandem. To some on the left, the chief culprit behind both forces is obvious: Wall Street greed.?
But this distorted view ignores another fundamental trend that also began around 1980 and which goes a long way to explaining the growth of both debt and broad income inequality: a secular decline in basic investment as a share of GDP.?

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