AskProfWolff: Do the super-rich want the rest of us to be economically uncomfortable?

Prof. Wolff answers a question from a listener from Tampa, FL.

To what extent do the owners of the country: the billionaires, the CEO's and the people who live only off their investments (and do not work for a living- aka the idle rich)- to what extent are they threatened by low and moderate income people who have a right to health care, a living wage, affordable housing and no worry about college debt? To what extent does a comfortable working class and a comfortable moderate-income class-- threaten the super rich? Another way to ask this is to put this is: Do the super-rich want the rest of us to be uncomfortable, economically speaking? Why?"

Be the first to comment

Please check your e-mail for a link to activate your account.

connect