
Episode #16
S3 Ep16 - The Temin Series - Chapter Fourteen: Conclusion
<p>America’s Two Economies: Unpacking the Divide, Policies, and a Path Forward</p> <p>This episode reviews the concluding chapter of American economist and economic historian Peter Temin’s The Vanishing Middle Class. Temin argues that the United States functions as a dual economy, where a high-wage, highly educated FTE (finance, technology, and electronics) sector serves its own interests while neglecting the much larger low-wage sector.</p> <p>He shows how this neglect is reinforced by policies such as mass incarceration, housing segregation, and underfunded public education—often justified through racecraft—even though the low-wage sector is predominantly white. To addre...

