
Steven Bartlett with Nick Hanauer and Daniel Priestley
Rising inequality and advancing technology are hollowing out the middle class, raising the risk of severe social and political instability unless structural economic changes are made.
For decades, economic productivity gains have gone almost exclusively to the wealthy, fundamentally breaking the wage mechanism that once built a stable and prosperous middle class.
Mega-corporations and massive private equity funds extract immense value from local economies while exploiting global tax loopholes, essentially operating as modern monopolies that stifle true market competition.
A capitalist democracy thrives only when the majority of its citizens are paid well enough to actively purchase the goods and services the system produces.