2/13/2014

Talked about the semester test.

Income Inequality

Income not being distributed properly.

Karl Marx didn't like capitalism because it brought out inequality in income.

Bottom 20percent 

2nd 20percent 

middle 20percent

4 20percent

top 20percent.

top one percent control 40percent of the wealth. top 20 percent control 93 percent of the wealth. Their share has triple in last 40 years.

 

 

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