Regional income convergence happened as Northern inequality rose to Southern levels

Evidence

Hanley ð2010Þ has shown that it is the undermining of worker power in other regions that generated increased income inequality that came to resemble the higher inequality that was always present in the South. However, as figure 2 demonstrates, financialization strategies were widespread across industries, and so it seems likely that they would be widespread regionally as well. — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 184

Categorization

• XREF: connects to: Different origin stories yield different explanations of national inequality — Nikole Hannah-Jones et al., The 1619 Project: A New American Origin…, 66; Slavery expanded sharply after independence despite gradual Northern abolition. — Nikole Hannah-Jones et al., The 1619 Project: A New American Origin…, 1255

Related

• Different origin stories yield different explanations of national inequality (similarity 0.84)

Broader Connections

• Different origin stories yield different explanations of national inequality #qualifies (0.72) — Nikole Hannah-Jones et al., The 1619 Project, 66
• Slavery expanded sharply after independence despite gradual Northern abolition. #complicates (0.72) — Nikole Hannah-Jones et al., The 1619 Project, 1255