No common good?

Moral community

The common good is taking a beating. Economic inequality, to cite only the most important measure of social health, has accelerated dramatically in the U.S. since the early 1980s. One percent of the U.S. population holds between 34 and 39 percent of the nation's wealth; the top 5 percent hold between 66 and 72 percent of the wealth; and the bottom 50 percent hold 2 percent of the wealth. The share of America's income held by the top 1 percent of the population has more than doubled since 1980, while the bottom 90 percent has, since 1975, coped with flat wages and mounting debt.


This article is available to subscribers only. Please subscribe for full access—subscriptions begin at $2.95. Already have an online account? Log in now. Already a print subscriber? Create an online account for no additional cost.

This article is available to subscribers only.

To post a comment, log inregister, or use the Facebook comment box.