International business
Read the following article, and watch the videos to get a better understanding on how income disparity can be a destructive force, especially in the long term. They focus on the widening income gap in the U.S., the richest country in the world.
The Rolling Stone article, Wade Davis:
https://www.rollingstone.com/politics/political-commentary/covid-19-end-of-american-era-wade-davis-1038206/
The fall of the American Empire (PBS interview with Wade Davis) 18min. (Income gap):
U.S.A. (Income Gap, a worrying issue in 21st century U.S.): (10:14 min)
12 Myths about taxing the rich (Robert Reich) 8 min.
Trickle down economics (The unknown origins) 3 min:
Write a 700 word (or more) typed (double line) essay discussing income disparity as a problem that needs to be addressed. You can approach this assignment in a variety of ways.
You may choose to explain why the gap poses such a serious challenge for any society, how it can lead to serious social problems, and why it needs to be addressed.
Based on the article, and the videos, you may choose to discuss potential solutions.
Share your thoughts on this important question. Remember there are no right or wrong
