Branko Milanovic: Economic policy still favors wealthy with unchanged tax structures

Branko Milanovic: Economic policy still favors wealthy with unchanged tax structures
Wealthy retain control of economic policy

Branko Milanovic, industry influencer, argues that the wealthy continue to dominate economic policymaking, maintaining their influence as before.

He notes that there have been no increases in taxes on top incomes or capital, nor the introduction of a pedagogical tax on excessive wealth. Milanovic describes the current system as national market liberalism.

Milanovic recently released a working paper with Marco Ranaldi on global capitalization trends. He has also examined China’s economic slowdown within a historical context. These works add context to his views on policy and market structure.

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