As a rough guideline, your answer to each question should be at least 10 sentences (that adds up to at least 40 sentences for the entire Thread Post).
Regarding Thread Post content, for each question I am looking for: proof that you watched and understood the Lectures on Globalization and Inequality, proof that you can apply many of the concepts and theories already introduced to you in this course, proof that you read and understood the associated articles (the more articles you directly discuss the better for your grade), along with some independent thinking about the lectures and articles. Feel free to bring in outside sources, you may potentially get some extra points for good analysis of posted outside sources. Be sure to cite any sources that have informed your discussion including the ones provided within the Lecture Videos and Lecture Notes; the more and better citations you use the better will be your score. Chicago Manual of Style citation format is preferred; APA is also acceptable.
There can be no doubt that inequality in the United States – the wealth of the wealthy as compared to the average income of the average citizen of the United States – has increased spectacularly since the 1970s. What does Professor Kane believe to be the main causes of this (Hint – discuss more than one); AND Is inequality in the US today worse than in other periods of history?
Do you believe the rise of globalization and increased inequality in the United States have created a stable environment for democracy and liberty to thrive? Why or why not? Connect your answer to concepts regarding democracy, liberty, and social movements you have learned in this class so far along with current events.
Watch the Harvard Inequality Study video linked to in the Inequality Lecture Notes and discussed in a Professor Kane Lecture Video on Inequality. How is the average American misunderstanding inequality in the United States? What does the average American believe would be the ideal income and distribution of wealth structure in the United States? What do you believe would be the ideal income and distribution of wealth structure in the United States? How does the actual current income and distribution of wealth structure in the United States compare to your ideal? How do you think the Trump Presidency will affect the structure of inequality in this nation – will it increase or decrease inequality?
In Lecture Videos, Professor Kane asserts that too much equality can wreck a market-based economy as there is little incentive to work hard, be innovative, and be productive. In Lecture Videos Professor Kane also asserts that too much inequality can cause there to be little incentive to work hard, to be innovative, and to be productive thereby leading to a collapsing economy. How so? Which of these two processes, if either, can be seen at work in the American economy today? Can anything be done to change it?
Videos to watch:
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