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Now more than three decades since Reaganomics took America by storm, income disparity in that country is at its highest point in more than a century, a nefarious trend shaking the roots of Western democracies, including Canada and the United Kingdom. An Oxfam International report released in January 2015 predicted that the richest 1 percent of the population would own more than half the world's wealth by 2016. A veteran journalist who was himself homeless for 14 months explains the key events of the last 50 years which have permitted the laissez-faire capitalism of the world’s only superpower, the United States, to dominate the world, banishing many in the middle class to poverty and bringing some of the most vulnerable members of society to their knees.

[Income disparity as seen from the street: See December 9, 2014 Notes From The Editor.]
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