The income and wealth gap continues to grow at a faster and faster rate because there is ever more power to affect policy provided to those that have such substantial incomes. Education and Healthcare There are other less direct ways in which the income gap is self-perpetuating, as well, establishing a system that purports to be meritocratic -- based on merit, where everyone has an equal chance to succeed based on

His assertion that the idea of "mass production" must also be accompanied by "mass consumption" is based on the idea that the individual has the economic resources to be able to purchase goods. This, by its very nature, implies that income is distributed throughout society, and in situations where it is not, it leads to economic crisis'. In the case of the United States in the 1920's, the kind

It is grossly inefficient not to means-test Social Security and Medicare. I would fix these programs by making them both means-tested. This would result in more efficient transfers to seniors who actually need the money, rather than giving money to seniors who do not need it. This would free up more money to other Americans -- even if just the average taxpayer by way of allowing for a balanced

Addressing Income Inequality: Evaluating and Advocating Policy SolutionsThis policy proposal should be submitted to the House Committee on Ways and Means, as this committee is responsible for overseeing tax policy and revenue-raising measures in the United States. The proposal could also be presented to the Senate Committee on Finance, which has jurisdiction over tax policy and related matters at the federal level.I. IntroductionIncome inequality has been a growing concern in

Income Disparity and Development in Latin American Countries The income disparity in the Latin American countries is the largest in the world and has a dramatic and complex impact on the development of these countries on many related levels. As one commentator states, "Inequality is as Latin American as good dance music and magical-realist fiction. Like those other regional products, it thrives." (Inequality in Latin America. A stubborn curse.) Statistics from the

American History The underside of affluence The period is in the early years of the twentieth century. America is now experiencing economic and political expansion as it became the model of an imperial superpower for all nations, both in the Western and Eastern regions. Economic growth spurred as a result of the industrial revolution, while political structures strengthened due to the numerous successful conquests of the Americans to colonize nations in the