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Author
Language
English
Formats
Description
Since the 1970s, and notwithstanding three recessions, the U.S. economy has soared. Consumers have been treated to a vast array of new products, while the prices of standard goods and services have declined. Companies have also become far more efficient and the stock market has surged. In short, American capitalism has been a triumph, and it has spread throughout the world.At the same time, argues former secretary of labor Robert B. Reich, the effectiveness...
Series
Publisher
Greenhaven Publishing
Pub. Date
2022.
Language
English
Description
"Since the inception of the United States, certain democratic principles have been inherent to the nation's political identity. Theoretically, this means that all citizens should receive equal representation and opportunity. However, income inequality has grown in recent years and shows no signs of slowing. Some argue that the wealthy are given unequal power over the government and society as a whole, creating an oligarchy. The viewpoints in this...
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