>- A dual economy with entrenched inequality undermines social cohesion, human capital, and long‑term productivity. >- Combined with external challengers (China, India, others), this weakens the foundations of U.S. global leadership. >- Lewis’s framework supports the idea that **an elite‑dominated modern sector sitting atop a vast low‑wage base is ultimately unstable**.
>On hegemony:
>- A dual economy with entrenched inequality undermines social cohesion, human capital, and long‑term productivity.
>- Combined with external challengers (China, India, others), this weakens the foundations of U.S. global leadership.
>- Lewis’s framework supports the idea that **an elite‑dominated modern sector sitting atop a vast low‑wage base is ultimately unstable**.
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