The Growing Gap Between Rich And Poor

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Is wealth inequality and a growing gap between rich and poor the inevitable outcome of the capitalist system left to find its own way? In his new book Capital, the French economist Thomas Piketty says it is most definitely the case and he argues that higher taxes are the only way to fix it. In our Washington bureau, two eminent economists - Professor Peter Morici from the University of Maryland, and Mark Weisbrot, co-director of the Centre for Economic and Policy Research, discuss whether Piketty is right or wrong.

Also, Obama tackles climate change, and is South Africa's economy too skewed towards big business? Rahul Tandon reports on the Indian election trail in Shantiniketan, West Bengal. And, Lucy Kellaway of the Financial Times has a few top tips for those seeking world domination.

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55 minutes

Last on

Wed 7 May 2014 00:06 GMT
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