Ethics Discussion 2 Inequality of income

Inequality of income is greater in the United States than in other capitalist countries. What do you think explains this? Is there something unjust about extreme inequality?

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Inequality in income has continued to grow in the United States, I think that there are many reasons why this is greater in the United States than other capitalist countries. The top income earners have seen higher income increases while the bottom income earners have seen little to no income increases. Those individuals that earn the highest incomes not only make more with their wages and salaries but earn additional income with their ability to make more investments and savings or rental properties they are able to purchase that the bottom income earners are unable to. Additionally, variances in income taxes, lack of increase in lower wage positions, increasing wage gaps between CEO’s and employees, decrease in union membership and more competition from other countries.

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