Federal Reserve Chairman Alan Greenspan, free market champion and figurehead of the US economy, has declared that the income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the stability of democratic capitalism. In the midst of stangant wages and little if any income growth for the bottom 80 percent of workers, Greenspan's solution lies in better education today to create a flexible workforce for tomorrow. Some analysts, however, disagree that the wealth gap may undermine capitalism.
See "Rich-poor gap gaining attention", Peter Grier, June 13, 2005