What future did Marx predict for capitalism? And, why was he wrong (according to Piketty)?Is the “American Dream” still attainable? Is it a realistic goal to be pursued in present-day America or has it become an ideology that is out of reach for most people?

Main Discussion Question: (At Least one paragraph for this one question)

Is the “American Dream” still attainable? Is it a realistic goal to be pursued in present-day America or has it become an ideology that is out of reach for most people?

Review Review Questions:

Thomas Piketty
What future did Marx predict for capitalism? And, why was he wrong (according to Piketty)?
What is the difference between income and wealth?
What does Piketty predict for the future regarding inequality?

Robert Frank
Why is capping executive pay a bad idea according to Frank?
What strategy does Frank propose to curb extremely high executive pay?

Dennis Gilbert
What do statistics about social mobility in the US show? What could this mean for the “American Dream”?

Consider the graphs, charts, and information provided on the following website:

Income Inequality