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Bloomberg | The Editor’s Discussion Series: Fighting Inequality in the New Gilded Age

Mar 28, 2019

In the West, shocking inequalities have eroded public support for liberal democracy, while socialist ideas are making a comeback. Britain’s Labor Party has pledged to renationalize industries if it takes power, reversing decades of free-market ideology. Prominent U.S. Democrat legislators advocate tax policies to soak the rich. In prompting Amazon to abandon plans for a New York headquarters, politicians in the city called into question the rationale behind tax breaks for wealthy corporations.

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