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America and the Third World by John Girling download in pdf, ePub, iPad

The primary goal of the richest members of the high-income sector is to lower taxes. Without a robust middle class, America is not only reverting to developing-country status, it is increasingly ripe for serious social turmoil that has not been seen in generations.

An argument could also be made for how parts of the U. The result is profoundly disturbing. They get around by crumbling public transport and cars they have trouble paying for. They move independently of each other. Only one path exists by which the citizens of the low-wage country can enter the affluent one, and that path is fraught with obstacles.

The richest large economy in the

The world in which they reside is very different from the one they were taught to believe in. The richest large economy in the world, says Temin, is coming to have an economic and political structure more like a developing nation. Unfortunately, present trends are not only continuing, but also accelerating their problems, freezing the dual economy into place.

Mass incarceration - check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. They are ignored because they do not storm the ballot box and they do not storm the ballot box because the system is stacked against them. Temin says that today in the U. We could tax not only the income of the rich, but also their capital.

Even with a diploma, you will likely find that high-paying jobs come from networks of peers and relatives. Rostow argued that Take-off was the critical stage that the Third World was missing or struggling with. They travel in planes and drive new cars. If we spent more on domestic rather than military activities, then the middle class would not vanish as quickly. The concept itself has become outdated as it no longer represents the current political or economic state of the world.

Quite different things happen when they get sick, or when they interact with the law. People are burdened with debt and anxious about their insecure jobs if they have a job at all. The model is the work of West Indian economist W.

The world in which