Galbraith Challenges Wage Gap

The Working Stiff Journal Vol. 1 #3, November 1998 By Jackie Dana Review of Created Unequal: The Crisis in American Pay James K. Galbraith New York: The Free Press, 1998 If you work for a living you aren’t probably greatly surprised that an enormous gap in wages exists in this country but what you may be surprised to find out that this is no accident. In his new book, Created Unequal: The Crisis in American Pay, James K. Galbraith explains why the rich are getting richer while the working class keeps falling further behind. Dr. Galbraith, a professor of economics at the University of Texas at Austin, argues that low wages and underemployment are the results not of market forces but of deliberate governmental policy. Galbraith shows how the US federal government can be blamed for wage inequalities by favoring the needs of the wealthy over those of the poor. As he explained at a book signing at BookPeople on … Read more…