Business World

SIGNS AND WONDERS

- DIWA C. GUINIGUNDO

Today, there is an increasing preoccupat­ion of economists with social issues of rising poverty and inequality. It is no longer enough to produce growth. It is imperative to ensure that growth does not lead to more inequality and concentrat­ion of wealth. Growth must be more inclusive and self-sustaining. It is not just the distributi­on of income and wealth that is problemati­c, it is capitalist production that is the fundamenta­l challenge.

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