Latest Breaking News On - Industrial capitalism - Page 8 : comparemela.com

Wed, 19 May 2021 12:00 UTC © Getty Images / cbies The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done? In a matter of decades, the United States has gone from a largely benign form of capitalism to a neo-feudal form that has created an ever-widening gap in wealth and power. In his 2013 bestseller Capital in the 21st Century, French economist Thomas Piketty declared that the level of inequality in the US is probably higher than in any other society at any time in the past anywhere in the world. In a 2014 podcast about the book, Bill Moyers commented:

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