Increasing inequality in United States - Trends, problems, and prospects

Among OECD countries, the US has the highest level of inequality and the se cond highest increase in inequality in recent decades. Given this dubious d istinction, it is worth examining the economic and political dynamics of in equality in the US in detail. Two particular dimensions of the restructurin g of the US economy - the role of technology and the decline of wage-settin g institutions is examined in some detail. A nuanced analysis of gender and racial dimensions of inequality is attempted.