Workers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide.
Kenneth RogoffThe Indians and Chinese have become brilliant chess professionals. They get on a plane and play all over the world. This has led to dramatic pressure on incomes. Nowadays, the best chess player in Argentina can no longer make a living playing chess.
Kenneth RogoffUnbridled capitalism in the United States can't be sustained socially. It leads to tensions.
Kenneth Rogoff