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The ideal of greater equality has been an important part of America's self‐image. From the time of the U.S. revolution, when equality was a component in our battle cry for freedom, various political movements have held the ideal of greater equality as central to their programs. More than mere political rhetoric, reducing inequality has been the goal of a broad array of public measures. Yet despite all efforts, wealth and income distribution have changed relatively little in U.S. history.

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