inequality-and-globalization-assignment-help-

Answers to each question for the paper should be minimum 8 sentences but no more than 20 sentences.

QUESTION 1:

There can be no doubt that inequality in the United States – the wealth of the wealthy as compared to the average income of the average citizen of the United States – has increased spectacularly since the 1970s.  What does Professor Kane believe to be the main causes of this?  What do you believe to be the main causes of this?

QUESTION 2:

Do you believe the rise of globalization and increased inequality in the United States have created a stable environment for democracy and liberty to thrive?  Why or why not?

QUESTION 3:

Watch the Harvard Inequality Study video linked to in the Inequality Lecture Notes and discussed in a Professor Kane Lecture Video on Inequality.  How is the average American misunderstanding inequality in the United States?  What does the average American believe would be the ideal income and distribution of wealth structure in the United States?  What do you believe would be the ideal income and distribution of wealth structure in the United States?  How does the actual current income and distribution of wealth structure in the United States compare to your ideal?

https://www.youtube.com/watch?v=0t9-HbnEnBU

QUESTION 4:

In Lecture Videos, Professor Kane asserts that too much equality can wreck a market-based economy as there is little incentive to work hard, be innovative, and be productive.  In Lecture Videos Professor Kane also asserts that too much inequality can cause there to be little incentive to work hard, to be innovative, and to be productive thereby leading to a collapsing economy.  How so?  Which of these two processes, if either, can be seen at work in the American economy today?

 
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