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Through much of its history, the us did not have high inequality as compared with europe. Less so, in fact. That began to change in the industrial age, reaching a peak in 1928, after the forceful destruction of the labor movement and crushing of independent thought. Largely as a result of labor mobilization, inequality declined during the great depression, a tendency continuing through the great growth period of regulated capitalism in the early postwar decades.
Noam Chomsky
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