Inequality in America is not inevitable

The right government programs can stop it

NYSE
(Image credit: (Spencer Platt/Getty Images))

Capitalism is the best economic system yet discovered for giving people the goods and services they desire at the lowest possible price, and for producing innovative economic growth. But there is a cost associated with these benefits, the boom and bust cycles inherent in capitalist systems, and those costs hit working class households — who have done nothing to deserve such a fate — very hard. Protecting innocent households from the costs of recessions is an important basis for our social insurance programs.

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