James Galbraith - Inequality and Economic and Political Change: A Comparative Perspective

The video explores the evolution of economic thought, focusing on innovation and inequality. It discusses the financial crisis as a breakdown in the rule of law and highlights the importance of stock-flow consistent accounting. The speaker emphasizes the need for interdisciplinary approaches to address economic and environmental issues. The video also examines global inequality trends, the role of capital markets in the US, and the impact of global macroeconomic events. The conclusion suggests that the super bubble was a super crisis for most of the world's population.

What evidence does the author provide regarding the relationship between stock markets and income inequality?

How does the author relate the concept of underconsumption to economic inequality?

Explain the concept of a 'super bubble' as discussed in the text.

What does the author mean by the term 'predator state' in the context of economic discussions?