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Concept information

Terme préférentiel

hourglass economy  

Définition

  • An economic paradox has been at play and growing in the United States for more than a third of a century—a race to the top of the economy by the rich and the powerful, a slide to the bottom of the economy by low-wage workers and the poor, and a gradual shrinkage of the middle class. The low-wage class is populated primarily by members of racial/ethnic minorities as well as by many of the new immigrants. [Source: Encyclopedia of Race, Ethnicity, and Society; Hourglass Economy]

Concept générique

Appartient au groupe

URI

http://data.loterre.fr/ark:/67375/N9J-KSR32GB7-6

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