For 40 years, Mr. Greenspan believed the financial markets could self-regulate. He has since admitted a flaw in his philosophy and no longer believes this ideology to be accurate. Many citizens of the United States have yet to realize the flaw in their model, which they perceive as the critical functioning structure of how America works. America has been built upon the premise that it is a land of equal opportunity. However, study after study is revealing statistics that directly counter this belief.
The economic influence of inequality negatively impacts how the rule of law is administered in the United States. Economic inequality begets legal inequality.
America's administration of the rule of law is not meant and should not be used to advance the cause of inequality. Unfortunately, America's income inequality is rising. There is a high correlation between income inequality and legal inequality in America.
As citizens, we should seek to reduce this correlation coefficient because of the disturbing ramifications for the rule of law.
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Most Helpful Customer Reviews
A great gateway book to understanding the history of social and income inequality
Why is this book no longer available on B&N???
A great gateway book to understanding social and income inequality. A fundamental breakdown of how income inequality affects our laws and politics. A nice short read that cites a lot of sources.