Greenwood, Daphne T.; Holt, Richard P. F. - In: Journal of Economic Issues 44 (2010) 2, pp. 403-410
Neoliberal theory rationalizes inequality as both 1) necessary for growth and 2) offset by a trickle down to lower income groups. However, benefits from income growth failed to reach most of the population for the last several decades in the United States. Instead, a negative trickle down has...