The Divide by Matt Taibbi
ENTR2414: The Social Responsibility of Business in an Age of Inequality
Spring 2016 Term; Professor Dennis R. Shaughnessy
Reading Quiz: “The Divide” by Matt Taibbi
This is a quiz for the assigned book “The Divide: American Injustice in the Age of the Wealth Gap” by Matt Taibbi.
Our purpose for assigning this book is to allow you to consider both the impact of rising inequality on our justice system and the impact on society of socially irresponsible conduct by businesses and business leaders.
Please answer four of the five questions below, limiting your response to five double-spaced pages in total (TNR12 standard margin).
- “Unequal wealth means unequal criminal justice.” Critically evaluate this conclusion, and include what you think is the most convincing example that Taibbi offers in the book to support his conclusion.
- “Poverty has been criminalized, while wealth has been given a free pass.” Evaluate this assertion, including what you believe is the strongest example in the book supporting Taibbi’s conclusion.
- Why were no Wall Street CEOs criminally prosecuted in connection with the 2008-09 mortgage fraud and resulting economic crisis? What role did the “Holder Memo” play?
- “The punishment no longer fits the size of the fraud.” Discuss how inequality contributes to this situation, using at least one example of excessive punishment and inadequate punishment.
- “Wall Street is a great vampire squid wrapped around the face of humanity.” Do you agree with Taibbi’s characterization of Wall Street banks and their leaders? Be sure to consider an opposing point of view
Title; “The Divide” by Matt Taibbi
Length; 5 pages (1375 words)