Rich Get Richer, The

August.2014.Cover_In the August 2014 issue of Sojourners, Julie Polter responds to the alarm of both Pope Francis and French economist Thomas Piketty, who wrote Capital in the Twenty-First Century, that the constant growth of wealth among the few is a peril to Democratic institutions. Piketty observes that citizen-owned wealth rises 5% per year while the economic growth in developed countries for the past several decade has been lower than 5%. Polter quotes other economists noting other aspects of the growing wealth of a few. From her studies, she sees four ways to address this inequality through public policy: investing in education and infrastructure; raising the minimum wage; supporting efforts that raise wealth for people with low income; and strengthening the estate tax.   Click