The New Monopolists

How growth patterns in the IT sector are widening income and wealth disparities.

Project Syndicate
Sep 25, 2017 · 6 min read
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Contestants play on what is claimed to be the World’s largest Monopoly board on the opening day of the Sydney Home Show, May 12, 2005 in Sydney Australia— Ian Waldie/Getty Images

By Mordecai Kurz

For more than 30 years in advanced economies, particularly the United States, wealth and income inequality have increased, real (inflation-adjusted) wages have risen slowly, and retirees have faced declining interest rates on savings. This has occurred…

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