Here is a link to a 5 minute video of Thomas Piketty's interview on his book 'Capital in the 21st Century.'
He states that income inequality is inherently not bad. [This reminded me of our discussion about the federal debt and whether we should be concerned about it.] His main argument is that governments need to intervene in order to reduce/eliminate the wideninng income inequality. He also talks about how politics is involved in the widening inequality.
What can governments do to ensure that the policies that will be developed uplifts the majority of the population out of poverty, especially when the rich have more influence in policy making and thus more likely to advocate for policies that serve their self-interest?