Moody’s Mark Zandi says the U.S. split of economic gains has shifted: workers no longer receive the roughly two-thirds share of output they did from WWII to Y2K

Moody’s Mark Zandi says the U.S. split of economic gains has shifted: workers no longer receive the roughly two-thirds share of output they did from WWII to Y2K, while capital takes more. He points to globalization, including China’s rise, as a key driver.