How Did America's Wealth Inequality Reach This Level of Toxic?
We are just beginning to understand one further dimension of toxic inequality: a devastating emotional and physiological phenomenon we might call “toxic inequality syndrome.”
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April 11, 2017
The following is an adapted excerpt from the new book Toxic Inequality: How America's Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future by Thomas M. Shapiro. Copyright © 2017. Available from Basic Books, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc.:
In recent years, as living standards for many families have declined and productivity, income, and wealth gains have flowed to the very top, a new conversation about inequality has emerged in the United States. 