Analyzing Economist's Article 'For Richer'
“For richer, for poorer” Summary
In his or her article “For richer, for poorer” (The Economist 2012) the author maintains that growing economic inequality is one of the biggest challenges of our time. The article basically explains how and why income inequality is no longer good for our economy. This, as the author explains, is because the lower class, and in some cases the middle class, are no longer able to afford higher education. This lack of education seriously impedes an individual’s economic mobility, keeping them stuck in the same class they were born into, without marrying into a wealthy or wealthier family. The author also touches on how while certain countries have high rates of inequality, like America, China, Sweden and many
In his or her article “For richer, for poorer” (The Economist 2012) the author maintains that growing economic inequality is one of the biggest challenges of our time. The article basically explains how and why income inequality is no longer good for our economy. This, as the author explains, is because the lower class, and in some cases the middle class, are no longer able to afford higher education. This lack of education seriously impedes an individual’s economic mobility, keeping them stuck in the same class they were born into, without marrying into a wealthy or wealthier family. The author also touches on how while certain countries have high rates of inequality, like America, China, Sweden and many