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posted by martyb on Tuesday May 23 2017, @09:16AM   Printer-friendly
from the declasse' dept.

America divided – this concept increasingly graces political discourse in the U.S., pitting left against right, conservative thought against the liberal agenda. But for decades, Americans have been rearranging along another divide, one just as stark if not far more significant – a chasm once bridged by a flourishing middle class.

Peter Temin, Professor Emeritus of Economics at MIT, believes the ongoing death of “middle America” has sparked the emergence of two countries within one, the hallmark of developing nations. In his new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Temin paints a bleak picture where one country has a bounty of resources and power, and the other toils day after day with minimal access to the long-coveted American dream.

In his view, the United States is shifting toward an economic and political makeup more similar to developing nations than the wealthy, economically stable nation it has long been. Temin applied W. Arthur Lewis’s economic model – designed to understand the workings of developing countries – to the United States in an effort to document how inequality has grown in America.

The 2017 World Economic Forum had the answer: "The people who have not benefited from globalization need to try harder to emulate those who have succeeded," and, "'People have to take more ownership of upgrading themselves on a continuous basis.'"


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  • (Score: 1) by i286NiNJA on Tuesday May 23 2017, @04:57PM

    by i286NiNJA (2768) on Tuesday May 23 2017, @04:57PM (#514375)

    No most of the founding fathers were not really christians. Just as today we have to sort of play along or face the wrath of the stone age zealots. Many of them mock christianity in their private writing and many of them who are true believers are yet still a different breed than the sort of people who call themselves christians in modern america.

    Being a peasant farmer is not anyone's fault when they're spending 19 hours a day farming and they know little else in their lives.
    Also most americans do want immigrants to have a reasonable baseline level of adaptation. Maybe there are a few insane dreadlocked unbathed liberals somewhere that you've used to convince yourself that there is some large group of americans who want people coming here shitting in the streets and having cow menstruation slushies but the only place such people exist in great numbers is in your imagination alongside the pink convertible cadillac welfare queen with 20 kids.