Income inequality has skyrocketed in the United States. Since 1980, the richest 1 percent doubled their share of the nation’s earnings, and these high earners are concentrated in the financial services industry. Today, hedge fund managers earn an average annual income of $2.4 million, astronomical payouts that have mostly gone to elite white men. Megan presents an insider’s look at the industry. Have a watch!
We spoke with Megan Tobias Neely during the conference: Overcoming Inequalities in a Fractured World: Between Elite Power and Social Mobilisation, organized by The United Nations Research Institute for Social Development (UNRISD).
Find out more about UNRISD here: http://www.unrisd.org