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Summers: Technology and globalization, not capitalism, drive inequality

Larry Summers · a16z Podcast | The Two Big Problems With Thomas Piketty’s “Capital in the Twenty-First Century” · Jan 2, 2019 · at 6:54

Former Treasury Secretary Larry Summers explains his perspective on the primary drivers of wealth inequality during a discussion on the a16z Podcast.

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“So I think it is much better to analyze Inequality in terms of the fundamental forces of technology and globalization than it is in terms of any kind of inherent cultural contradiction of capitalism.”

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