3 Aug 1951 Jahr - Income of the Blacks and their lives: Poverty

Beschreibung:

The income of black people was up 4 times in 1950 of what it was in 1940. Although they were getting paid a little better, they were still known as the people below the whites. The income gap between the two races continued to widen throughout the 1950s.

After 1945, some 5 million blacks left the rural south for Northern cities
The black population of Chicago doubled during the 1950s

Poverty:
He identified two types of poverty – case poverty
(individual) and insular poverty (islands of poor)
Galbraith believes America must transition from a private production economy to a public
investment economy.
1.) the elimination of poverty
2.) government investment in public schools
3.) growth of the "New Class." The "New Class"
consists of schoolteachers, professors, surgeons, and electrical engineers.

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