Income inequality is one of the most talked about subjects in the American media since the outbreak of the financial crisis and the Occupy Wall Street movement. A year ago we were all forced to deal with the understanding that we are one of the 99%, hence we do not own 35% of the wealth in the US, 21% of all income doesn’t go to us, and our income did not increase 392% in the last 20 years. Occupy Wall Street Activists came out, demonstrated, and demanded a more equal distribution of wealth and income, but not much has changed since then.
Is Income Inequality Inevitable?
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