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What the 1% Don't Want You to Know by Paul Krugman

What the 1% Don't Want You to Know

by Paul Krugman


Title Details

Running Time
24 Min.
According to author Thomas Piketty in his popular book Capital in the Twenty First Century, the Western World is drifting towards an oligarchy, in which inherited wealth is transferred generationally to a chosen few. In this short discussion on Piketty’s book, Bill Moyers talks with economist Paul Krugman about how wealth inequality has become entrenched across generations, leading to a potential crisis for middle and lower class workers. Despite a bleak picture, both Moyers and Krugman feel it’s possible to work above the toxic atmosphere that surrounds the debate over wealth distribution, but it will take education and sustained effort on the part of the average citizen to overturn current trends.

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