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The result is an increase of inequality without any corresponding increase in quality at the top.
It shrank the nation's yawning income gap and muted the increase of inequality over the last three decades.
Similarly, a 2015 study by the International Monetary Fund concluded that technological progress is a major factor in the increase of inequality over the past decades.
This is a faster rate of increase of inequality than that experienced within the United States and Britain during the 1980s.
And, as Alex Cobham of the Centre for Global Development argues, it also plays into a global debate, triggered by the work of French economist Thomas Piketty, about halting "the indefinite increase of inequality of wealth".
His worry is that it leads to an increase of inequality between large, resource-heavy institutions and smaller, independent ones: "The Metropolitan Opera has an astonishing website; I imagine that it receives many millions of hits each year.
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Europe, or most of it, will experience a brutal increase of inequalities: a collapsing of the middle classes, a shrinking of skilled jobs, a displacement of "volatile" productive industries, a regression of welfare and social rights, and a destruction of cultural industries and general public services.
For Europe, or most of it, it will automatically entail a brutal increase of inequalities: a collapsing of the middle classes, a shrinking of skilled jobs, a displacement of "volatile" productive industries, a regression of welfare and social rights, a destruction of cultural industries and general public services.
The socially selective transition from primary to secondary school contributes to the increase of social inequality of reading literacy existing already since the start of the pupils' schooling.
Supporters say the plan would benefit a huge number of underpaid workers as the company's founders, the Walton family, have seen their wealth balloon dramatically amid a broader increase of wealth inequality in the United States.
The estate tax is a particularly hot-button issue with progressives who see the increase of income inequality and loss of social mobility as being the main underlying problems with modern American society.
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