The wealth given to the elites and to the bankers seemed to arise out of their ability and willingness to take advantage of others. One
In "The Price of Inequality," Joseph E. Stiglitz discusses how the concentration of wealth among the elites and bankers stems from their exploitation of vulnerable populations. He argues that this dynamic perpetuates inequality, as those in power often prioritize their interests over the common good, leading to a society that increasingly benefits a small minority at the expense of the majority.
Stiglitz emphasizes the dangers of such disparities, asserting that they not only harm economic growth but also threaten the stability of society as a whole. He advocates for systemic changes to address these inequalities and promote a more equitable distribution of resources, which he believes is crucial for a healthier and more sustainable future.
