Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 03 April 2020

Abstract and Keywords

Deemed one of the major concerns of our time, income inequality has been on the rise for decades. While there is ample discussion and a vast body of knowledge already written on the subject, the focus of this chapter is on tracing the geography of rising inequality starting in the 1970s. An absence of support to maintain a middle class, an erosion of the value of wage labour, and stagnant minimum wages are a few of the many reasons for rising income inequality. Data show that inequality is highest in areas where there are growing disparities in the difference of employment opportunities between high- and low-income families. Evidence also suggests income and wealth gaps go hand in hand. If you do not own anything now your chances of ever owning anything in the future are bleak despite the pacification accorded the American dream. While this chapter highlights events and policies within the USA, rising income inequality is a significant global issue.

Keywords: income inequality, disparity, wealth, wage inequality, the great recession, economic geography

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.