Thomas Piketty on Inequality and Capitalism
Thomas Piketty's book Capital in the Twenty-First Century has been shaking up the field of economics. The French economist argues that capitalism breeds inequality.
In an interview with presenter Manuela Saragosa, he says that governments need to dramatically change their tax regime to ensure wealth is redistributed in a more equitable way. Professor Patrick Minford of Cardiff Business School tells us why he disagrees.
And the BBC's Yogita Limaye writes from Lukla, at the base of the Himalayas, where sherpa guides want more compensation for the huge risks they take guiding wealthy tourists to the top of the world's highest mountain.