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Noblesse Without Oblige

Dissent | S Gallup/Getty
Dissent | S Gallup/Getty

Harrington cites recent findings by economic psychologists showing that most people vastly underestimate the extent of inequality in their countries—in the United States, by as much as 42 percent. Since the 1960s, offshore capitalism has quietly helped transform the global economy by pioneering financialization, facilitating elite impunity, and supporting the accumulation of ever greater intergenerational wealth, all while shielded from outside scrutiny.

Posted in: News on 04/14/2025 | Link to this post on IFP |
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