Portside

Rising inequality means rising distrust: A study published last year by the National Academy of Sciences suggests that the upper classes are more likely to engage in what has traditionally been considered unethical behavior. . . Economic inequality, political inequality, and an inequality-promoting legal system all mutually reinforce one another. . . As always, it is the poor and the unconnected who suffer most from this, and who are the most repeatedly deceived.

Inequality across much of Europe has widened, but it is still quite modest when compared with the vast income gap in the United States.The question is whether relative equity can hold as workplace institutions that for decades protected European employees’ standard of living give way to a more lightly regulated, American-style approach, where the government hardly interferes in the job market and organized labor has little say.