Skip to main content

Posts

Showing posts with the label "Ian Wright"
Ian Wright [Open University, UK] dismisses the mainstream causes of rising inequality: namely, unequal distribution of profits and wages or lower taxes on the rich; or automation driving down wages relatively for those not working in ‘knowledge-based’ industries.  Instead, the causes of rising inequality must be found in the very nature of the capitalist mode of production.  As Wright puts it,  “capitalism is a system in which one economic class systematically exploits another. And its economic exploitation — not housing, tax policies or low wages — that is the root cause of the economic inequality we see all around us.” Inequality and exploitation