RT @[email protected]

A large and growing sector of the U.S. economy produces nothing of value. Nada. Zilch.

Crypto. Derivatives. Private equity. Every winner comes at the expense of a current or future loser.

Shouldn’t a rational society heavily tax this zero-sum work? https://robertreich.substack.com/p/the-economys-large-and-growing-unproductive#details

🐦🔗: https://twitter.com/RBReich/status/1603867933708783616

The economy's large and growing unproductive sector

Listen now | It's also where you find many of the nation's ultra-rich

Robert Reich
@rbreich How long have we been waiting for micro-taxes on programmed trading? Can't wait till Congress is filled with people younger than me.