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Asia Sentinel
Asia Sentinel
Capitalism and Income Inequality

Capitalism and Income Inequality

Alice Poon
Apr 11, 2008
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Asia Sentinel
Asia Sentinel
Capitalism and Income Inequality
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A recent study issued jointly by The Center for Budget and Policy Priorities and The Economic Policy Institute indicates that nationally the average income of the richest 5 percent of families in the U.S. is more than 7 times that of the poorest ones, and in some wealthier states the differential is more than 12 times.

But that is a mild contrast when co…

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