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Krugman: 'How Fares The Dream?'

Goodbye Jim Crow, hello class system.

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"Yet if King could see America now, I believe that he would be disappointed, and feel that his work was nowhere near done. He dreamed of a nation in which his children “will not be judged by the color of their skin but by the content of their character.” But what we actually became is a nation that judges people not by the color of their skin — or at least not as much as in the past — but by the size of their paychecks. And in America, more than in most other wealthy nations, the size of your paycheck is strongly correlated with the size of your father’s paycheck."

"Goodbye Jim Crow, hello class system."

Read the full article here.

[Photo via Flickr]

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