Tag Archives for wealth

The making of the modern ‘Debt State’

What we know (and don’t know) about ownership of public debt In a previous contribution to SPERI Comment, I presented some of my research on the domestic ownership structure of the US federal debt. The findings showed that since the early 1980s, and especially since the onset of the global financial crisis, federal bonds have become heavily concentrated in the … Continue reading

10 March 2016 by
Categories: Austerity, Debt, Economics, Inequality, SPERI Comment, Tax, USA | Tags: , , , , , , | 2 comments

Inequality Redux VII

Andrew Gamble

Why ownership is at the root of inequality The debate on inequality often highlights the increasing disparity in incomes, but to understand why inequality is so persistent we need to ask why wealth is even more unequally distributed than income.  This requires an examination of structures of ownership, how they reflect concentrations of power, and create economic rents.  Redistribution of … Continue reading

2 April 2015 by
Categories: Civic Capitalism, Economics, Inequality, SPERI Comment, Tax | Tags: , | Leave a comment