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American Inequality In Denmark

Decent Essays
The country of Denmark is widely regarded as one of the least economically unequal Western nations. Contrastingly, the United States is among one the most unequal advanced nations. The general trend of inequality in Denmark was downward from the late 1800s to the 1970s, followed by general stability since the 1980s (Atkinson & Søgaard, 2016, pp. 266 & 282). American inequality is characterized by large increases in the income gap in the late 1800s and early 1900s, followed by a massive decrease during and after the Great Depression and until the mid-1970s (Saez, 2016, pp. 9). This increase in economic equality was known as the Great Compression, and eventually gave way to the Great Divergence in early 1980s, when the share of the national income
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