Leaders must focus on fixing the inequality of labor income in the U.S.

With income inequality now at levels greater than those seen during the Gilded Age, many have become concerned about the impacts of such societal discrepancies on democracy. Mark Esposito and Terence Tse trace the history capital accumulation and income inequality in the United States and Europe, showing that the working class in the U.S. is getting poorer, even as their productivity increases. They write that American leaders should focus on fixing this trend as extreme inequalities undermine democratic values.