Is Socioeconomic Inequality INcreasing In America

Paper Rating: Word Count: 403 Approx Pages: 2

As long as the capitalist economy dominates throughout the world, the debate on socioeconomic inequality will always be a heated one. Economist Krugman in his debate says that organized labor and the greed of corporations, especially CEO's lead to a large inequality in America. Krugman points to Palo Alto, California where a strict contrast in socioeconomic conditions exists. On the other side of the debate is Mr. Demuth, who says that Americans are wealthier now than they have ever been before and we will continue

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