Final AT

In The New York Times editorial by Paul Krugman entitled "Robots and Robber Barons" (December 9, 2012), why does Krugman say that both robots and robber barons are having a negative impact on wage labor? Do you think most informed Americans would agree that capital, not skill or education determines one's income and that fundamental principles of material-based wealth no longer apply in the current economy (in other words, does the capitalist oligarchy need a middle class anymore?) Provide examples from any of your reading, your conversations with other Americans or your experience to support your evaluation of the author's assertion.

"Are the American People Obsolete?" by Michael Lind in Salon July 27, 2010

"Do the Rich Even Need the Rest of America?" by Robert Frank in The Wall Street Journal (August 2, 2010)

"The Moral Banruptcy of Our Ruling Classes" by Alan Kohler at Business Spectator

"The Palmer Raids" At Wikipedia

"The Self-Destruction of the 1%" by Chrystia Freeland in The New York Times Sunday Review (October 13, 2012)



Finals should be e-mailed to me by Friday December 21, 2012 at 6:00 PM PST