Branko Milanovic - If, for example, each of us had the same share of capital in the national t

If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes up it's not a problem, because you get as much as I do. The problem is that capital in capitalist countries is very heavily concentrated, especially financial capital. So then if the share of income from that source goes up, that actually exacerbates inequality.

- Branko Milanovic

topic: Country, Financial, Problem