Poverty and Inequality
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Division: Eugene Lang College The New School for Liberal Arts
Course Number: LECO 3011
Course Format: Seminar
Location: NYC campus
Permission Required: No
There is widespread discontent with the way capitalism is working in the U.S. and globally. The top 1% of income earners in the United States more than doubled their share of income over the last three decades. Their average inflation-adjusted after-tax income grew by a colossal 275 percent while the poorest fifth of the population saw an average real after-tax income increase of only 18 percent. This course will put such disparities into a greater economic context. It will focus on understanding key characteristics of modern capitalist economies including issues of distribution, class, economic growth and crisis. This course requires students to think abstractly with the use of simple economic models and to be able to critically discuss the topics we cover.
Course Open to: Degree Students
Open to Undergraduate students.