This is a very good book, and Prof. Edelman makes some excellent and valid points. Back in a 2006 New York Times business section article, several economists with Goldman Sachs explained why they (the banks and finance sector) were so profitable, while the rest of us ("Main Street") was doing so poorly: because labor's (they were referring to the workers) wages were forced downwards, while the finance sector took the greatest share of the economy. [FYI: Prof. Edelman was the honorable member who resigned from Bill Clinton's administration when Clinton put together that so-called commission to end poverty as we know it, with such Pro-austerity junk paper peddlers as Peter G. Peterson, Mr. Blackstone Group and Mr. Peterson Institute.]
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