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Inequality and the Rich-Poor Divide Book Summary

Summary by : AcaDemon
Visits : 193  words: 300   Published: November 12, 2006
Are the rich getting richer and the poor getting poorer? The author brings a variety of articles that discuss the concept of inequality and how serious it really is. One article shows how income and wealth are not the same thing, another shows how rich and poor groups keep on changing, yet another discusses whether inequality is actually a problem, and finally an article defining the poverty gap as both income and asset poverty. There are differing views on what inequality consists of and what is problematic or just a product of the natural economy. The author concludes with these unresolved arguments and shows how complex the situation is.

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