I reviewed Ms. Foroohar’s book Makers and Takers on the blog in 2016 here, well worth reading. This recent interview continues the conversation. It is posted in 6 different segments which automatically follow once you play the first at the link below.
On Reality Asserts Itself, Ms. Foroohar says financialization delivers stagnant wages, inequality and economic crisis; the Financial Times columnist and author of “Makers and Takers” says the financial sector represents only 7 percent of the U.S. economy, but takes around 25 percent of all corporate profit while creating only 4 percent of all jobs. Here is a direct video link.
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