The ‘Financial Elite vs. Everyone Else’
“The standard explanation that . . . globalisation and technological change have made most people less competitive . . . cannot account for why the compensation packages of the top executives of big companies soared from an average of 20 times that of the typical worker 40 years ago to almost 300 times in the United States.” (Alternet)
Former White House Bill Clinton advisor Robert Reich warns of an impending populist revolt against the prevailing establishment, pitting the ‘Financial Elite vs. Everyone Else’.