Let’s Relearn To Share the Loot
Timothy Noah Talks About Growing Income Inequality In the United States—and What To Do About It
Is America’s growing income inequality an inevitable product of capitalism and global trends? New Republic editor Timothy Noah, author of The Great Divergence: America’s Growing Inequality Crisis and What We Can Do About It, thinks not.
Before 1979, the incomes of America’s middle class grew faster than the incomes of those at the top economic echelons. But, Noah told a crowd at the Petersen Automotive Museum, “incomes have been growing more unequal since 1979–steadily more unequal.” America is experiencing what economist Paul Krugman has called “a great divergence.”
According to Noah, the …
