Summary Of Skylar's Income Inequality

Improved Essays
Skylar discussed several statistical numbers throughout her article that explains the growing income inequality of individuals, particularly the wealth gap between the lower, middle, and upper class. For example, the top 1 percent of families has roughly the same amount of wealth as the bottom 95 percent. In terms of the direct economic relation between the average worker and the average CEO, it’s even worse. CEO’s on average because significantly more than the average worker as corporate profits has skyrocketed while average wages have remained flat. She brings up how corporations have sought to redefine the definition of workers in order to benefit the company’s monetary savings. She states how corporations have replaced full time employees

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