Massachusetts Daily Collegian

The myth of upward mobility

The myth of upward mobility

February 16, 2017

Five faults of capitalism: The unequal distribution of wealth

By Makai McClintock

February 11, 2013

Filed under Columns, Opinion

The idea that income inequality is an economic byproduct of capitalism is far from a contemporary realization; it has been studied since the beginning of the 20th century in great detail. This inequality has, until recently, been widely accepted by economists as a “necessary evil...