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Posted On: 01/18/2017 7:16:01 PM
Post# of 51979
NYT: Davos Elite Fret About Inequality Over Vintage Wine and Canapés
Peter S. Goodman writes in the New York Times that the Davos elite are well aware of the “populist fury” fueled by working-class people around the world who have borne the brunt of globalist economic policies.
Goodman notes, “If the world is indeed in the throes of a populist insurrection, the pitchforks could do worse than to point here. The Davos elites have enjoyed outsize influence over economic policies in recent decades as a growing share of wealth has, perhaps not coincidentally, landed in the coffers of people with a need for bank accounts in the British Virgin Islands, while poor and middle-class households have seen their earnings stagnate and decline.”
Peter S. Goodman writes in the New York Times that the Davos elite are well aware of the “populist fury” fueled by working-class people around the world who have borne the brunt of globalist economic policies.
Goodman notes, “If the world is indeed in the throes of a populist insurrection, the pitchforks could do worse than to point here. The Davos elites have enjoyed outsize influence over economic policies in recent decades as a growing share of wealth has, perhaps not coincidentally, landed in the coffers of people with a need for bank accounts in the British Virgin Islands, while poor and middle-class households have seen their earnings stagnate and decline.”
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