LANE KENWORTHY
At the time of this quotation, the nation had gone through more than 3 decades of enormous increase in prosperity for the wealthy, and modest gains for the highly skilled, technically trained workers. However, correcting for inflation, average salaries did not increase at all. The middle class was particularly hard hit. Only 20 percent of the population benefitted from the growth at all; however, the 1 percent had rarely prospered more. Kenworthy’s principle did not apply for this period of American history.
Lane Kenworthy is an American professor of sociology and political science. He has worked at the University of Arizona since 2004, being a full professor since 2007. He is known for his statistical and analytic work on the economic effects of income and wealth distribution. He currently teaches at the University of California, San Diego.