BUSINESS
04/04/2011 09:33 am ET | Updated Jun 04, 2011

Joseph Stiglitz: Economic Inequality 'Distorts Our Society'

Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.

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