Inequality: American Buy, Borrow, and Die vs. Scandinavian Wage Compression
Unintended Consequences
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Income Inequality and Policy Challenges
This chapter explores the complexities of income distribution in the U.S. versus Scandinavian models, focusing on disparities between educated and uneducated workers. It examines the implications for progressive policies, including sectoral unions, and highlights the historical and political challenges involved in adopting wage compression similar to that of Scandinavian countries.
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