Nobel Laureate Joseph Stiglitz: ‚There is no magic bullet‘ to fix income inequality
Since 1980, the share of national income for the bottom 99 percent of workers has decreased by 15 percent. On top of that, the compensation packages for top executives of large companies is 300 times that of the average worker. Forty years ago, executives were compensated a mere 40 times more than the average American worker.
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