"If inequality is perceived to be the result of just reward for individual effort, it can be a constructive signal of future opportunities. But if it is perceived to be the result of an unfair system that rewards a privileged few, inequality can undermine individuals’ motivation to work hard and invest in the future." "Some argue that, as long as the US maintains its economic dynamism, leadership in technological innovation, and attractiveness to immigrants, income inequality is irrelevant. But other pertinent trends – such as failing public schools, crumbling infrastructure, rising crime rates, and ongoing racial disparities in access to opportunities – seem to refute such claims. After all, having some of the world’s top universities means little if access to them is largely a function of family income."
Posted on: Fri, 13 Sep 2013 19:51:43 +0000
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