Economic Inequality in the United States

In this paper, I will analyze economic inequality in the United States using three different ideologies: a) Marxist Theory (the most radical of the critical theories); b) Realist Theory; and c) Liberal Theory (in its modern version) I will describe the key concepts and the basic logic of each theory. Then, I will discuss how each of these theories explains the issue of economic inequality in the United States and what each of these theories has to offer as guidance for dealing with the issue. I will briefly analyze the effects of globalization on economic inequality in the United States, and touch briefly on its international implications. Lastly, I will evaluate the utility each of these theories for explaining and addressing the issue.