In 1977 the total after tax income of the bottom 40 percent was double that of the top one Percent of all Americans. ... In the article " Why the rich are getting richer and the poor poorer" it states that "between the years of 1978 and 1987, the poorest fifth of American families became 8 percent poorer, and the richest fifth became 13 percent richer." ( Reich, 309) Between those ten years the earnings of an unskilled worker were declining, while the incomes of investment bankers and other security industry workers incr...
Some might even infer it in context with a violent overthrow of government such as that took place in the American and French Revolutions. ... At the time England had the most powerful navy in the world and had built strong colonial empires in lands such as America, Latin America, and Africa. ...