Connect to share and comment

The Missing Rungs: Has the 'land of opportunity' left the majority behind?

HENDERSON, North Carolina — Garland Sanders came of age working the textile mills that once dotted this rural county along the border with Virginia. That is, until 10 years ago when he was laid off along with several hundred others as Harriet & Henderson downsized, part of a drastic shrinking of an industry that could not compete with lower Asian wages.

Sweden's lessons on inequality

The most equal country in the developed world, Sweden survived the collapse of socialism to become a capitalist model.
Sweden inequality H&M 2013Enlarge
Karl-Johan Persson, chief executive of Swedish clothing retailer H&M, arrives to give a press conference on January 30, 2013 in Stockholm. Fashion retailer Hennes & Mauritz AB said that its net profit rose by 6.6 percent in 2012 and that it increased its market share despite a difficult operating environment. (Janerik Henriksson/AFP/Getty Images)
The most equal country in the developed world, Sweden survived the collapse of socialism to become a capitalist model.
More
Syndicate content