Income Inequality In The United States Reflections On The Role Of Corporations
The academy of management review 43 1 amr 2016 0527.
Income inequality in the united states reflections on the role of corporations. Top income and wages shares display a u shaped pattern over the century. How nonprofits institutional actors and the community fabric interact to influence income inequality. In the united states the top 10 receive more than 50 of total income. Over the same period the income share going to the top 1 percent has increased.
Inequality has grown thanks to outsourcing and companies replacing workers with technology. The name of the game is class struggle it s no secret that over the last 40 years income inequality has soared in the united states. Understanding community dynamics in the study of grand challenges. Income inequality in the united states.
The united states wealth inequality which takes into consideration income property and investments is even more pronounced than its income inequality. This paper presents new homogeneous series on top shares of income and wages from 1913 to 1998 in the united states using individual tax returns data. In the late 1970s the top 10 percent of the u s. The world income inequality had declined since the twentieth century according to the studies found clark.
The globalization of inequality. Reflections on the role of corporations. Academy of management journal 59. Recently studies have shown that income inequality has many connections that have caused the gap in the united states.
According to the research i found income inequality is connected to corruption trade wages of workers and education. Population ranked by income received about one third of total u s. The united states could improve income inequality with employment training and investing in education. They now receive about half of total income.