Skip to main content

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated Cookie policy, Privacy policy and Terms & Conditions

inequality_frederic j brown_Getty Images_topicbox Frederic J. Brown/AFP/Getty Images

When Growth Becomes Dangerous

At the start of 2018, equity prices remain at an all-time high, and the global economy is on track to grow by 4% or more in the next year. But with the share of income and wealth held by the bottom 90% continuing to fall, while the share going to the top 1% continues to rise, many workers might reasonably ask what good growth is doing them.

 Businessmen and shoppers walk along Madison Avenue Spencer Platt/Getty Images
Pedestrians look at diamonds in a window display along 5th Avenue Spencer Platt/Getty Images
Eton boys with poor boys ullstein bild/Getty Images
PS. In Theory- Economic Growth video cover image
https://prosyn.org/Xvd6aSZ;

We hope you're enjoying our PS content

Subscribe

To have unlimited access to our content including in-depth commentaries, book reviews, exclusive interviews, PS OnPoint and PS The Big Picture, please subscribe