The Wealthy Aren't Owed Moral Praise

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On CNBC's Closing Bell, Vice President of Policy & Research Tamara Draut took on Harry Binswanger's recent Forbes piece, "Give Back? Yes, It's Time For The 99% To Give Back To The 1%." 

Draut points out that it's because of the great American infrastructure and the contributions of American workers that the 1% amass their wealth, not because of some innate superiority. 


Contrary to libertarian ideology and related markets-know-best approaches, Demos understands that an economy that works for all will not emerge mainly from market forces, but requires contributions from all sectors of society—corporations, workers, and civil society—and a strong pro-active government.