Economic crisis highlights income inequalities

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occupy Wall Street protestors

The global financial crisis has highlighted the growing inequality found in many parts of the world.

Economists Robin Wells and Paul Krugman blame this increasing inequality for the spiral of social polarization, growing divisions and crisis.

Their essay has been published in "The Occupy Handbook," a new release which analyzes the grassroots occupy movement.

The two economists argue that the response to the crisis continues to be inadequate because it ignores its root cause– America's jarring inequality

Lika Gueye of the International Monetary Fund (IMF) spoke to Robin Wells who explains why inequality is at the heart of the global crisis.

Source: IMF

Duration: 4’55″

Filed under Today's Features.
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