Wealth & Poverty

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wealth." In opposition to his position, Christopher DeMuth claims that the inequality has been greatly exaggerated, that it is "a small tick in the massive and unprecedented leveling of material circumstances" that has been "proceeding for nearly three centuries.” Mr. DeMuth sees the fulfillment of material needs as creating a need to change the way we gauge economic welfare and equality from income to consumption. Each author uses different indicators to support his thesis. Frankly, I don't accept either premise. In my opinion, the issue is much larger than just the failure of the unions to maintain power or changing the way we determine economic equality. It is a basic, gut-level issue of survival for those people who do not have the jobs, the income, the means to enjoy the current economic "boom". In Issue 9, Nicholas Eberstadt argues that the "withering away" of the family as a central social institution has led to the increase in poverty and that the breakup of the family ...

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