Would you believe the world’s richest men aren’t interested in closing the wealth gap? Indeed, those guys need economic disparity in order to build out their fortunes, according to journalist Peter S. Goodman. Jeff Bezos, for example, built Amazon at the cost of workers’ rights and fair competition.
The Real Enemy
Foreign competition isn’t the number one enemy of US workers, despite what many would have you believe. The domestic power structure is the problem. Amazon took advantage of lax antitrust laws to become the behemoth it is today, altering the employer-employee power dynamic, suppressing wages, and demanding high productivity. Goodman lays out more barriers to economic justice in our Instaread on Davos Man.