A New Contract with the Middle Class

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815739133
Total Pages : 51 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis A New Contract with the Middle Class by : Richard V. Reeves

Download or read book A New Contract with the Middle Class written by Richard V. Reeves and published by Brookings Institution Press. This book was released on 2020-10-06 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: A better future for the middle class is no longer an aspiration. It is a necessity. The disintegration of the American Dream is more visible than ever before. The understanding—the contract—that existed between individuals willing to work and contribute and a society willing to support those individuals when they needed it is falling apart. Now is the time to draft a new contract with America's middle class. One that rewards work and service, improves upward mobility, and reduces inequality. In A New Contract with the Middle Class Brookings senior fellows Isabel Sawhill and Richard Reeves outline the foundations of what that new contract should be, based on discussions they had across the country with middle-class Americans. Sawhill and Reeves' recommendations provide solutions to issues that came up time and time again in these conversations: money, time, relationships, health, and respect. Some of the bold recommendations included in A New Contract with the Middle Class: • Eliminate virtually all income taxes paid by the middle class. • Raise the minimum wage and subsidize wages below the median with a worker tax credit. • Offer scholarships for those who undertake at least a year of national service. • Ensure four weeks of paid leave per year. • Align school and working hours and boost child care to help working parents. America is only as strong as the American middle-class. A New Contract with the Middle Class proposes a new way forward.

Social Contracts Under Stress

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610445724
Total Pages : 445 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Social Contracts Under Stress by : Olivier Zunz

Download or read book Social Contracts Under Stress written by Olivier Zunz and published by Russell Sage Foundation. This book was released on 2002-03-14 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: The years following World War II saw a huge expansion of the middle classes in the world's industrialized nations, with a significant part of the working class becoming absorbed into the middle class. Although never explicitly formalized, it was as though a new social contract called for government, business, and labor to work together to ensure greater political freedom and more broadly shared economic prosperity. For the most part, they succeeded. In Social Contracts Under Stress, eighteen experts from seven countries examine this historic transformation and look ahead to assess how the middle class might fare in the face of slowing economic growth and increasing globalization. The first section of the book focuses on the differing experiences of Germany, Britain, France, the United States, and Japan as they became middle-class societies. The British working classes, for example, were slowest to consider themselves middle class, while in Japan by the 1960s, most workers had abandoned working-class identity. The French remain more fragmented among various middle classes and resist one homogenous entity. Part II presents compelling evidence that the rise of a huge middle class was far from inclusive or free of social friction. Some contributors discuss how the social contract reinforced long-standing prejudices toward minorities and women. In the United States, Ira Katznelson writes, Southern politicians used measures that should have promoted equality, such as the GI bill, to exclude blacks from full access to opportunity. In her review of gender and family models, Chiara Saraceno finds that Mediterranean countries have mobilized the power of the state to maintain a division of labor between men and women. The final section examines what effect globalization might have on the middle class. Leonard Schoppa's careful analysis of the relevant data shows how globalization has pushed "less skilled workers down and more skilled workers up out of a middle class that had for a few decades been home to both." Although Europe has resisted the rise of inequality more effectively than the United States or Japan, several contributors wonder how long that resistance can last. Social Contracts Under Stress argues convincingly that keeping the middle class open and inclusive in the face of current economic pressures will require a collective will extending across countries. This book provides an invaluable guide for assessing the issues that must be considered in such an effort.

What We Owe Each Other

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Author :
Publisher : Princeton University Press
ISBN 13 : 069120764X
Total Pages : 256 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis What We Owe Each Other by : Minouche Shafik

Download or read book What We Owe Each Other written by Minouche Shafik and published by Princeton University Press. This book was released on 2022-08-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

The Coming Class War and How to Avoid it

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Author :
Publisher : Routledge
ISBN 13 : 1315292955
Total Pages : 130 pages
Book Rating : 4.3/5 (152 download)

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Book Synopsis The Coming Class War and How to Avoid it by : Paul E Peterson

Download or read book The Coming Class War and How to Avoid it written by Paul E Peterson and published by Routledge. This book was released on 2016-09-16 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear, accessible analysis of the worsening distribution of income and wealth in America.

Economic Mobility and the Rise of the Latin American Middle Class

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821397230
Total Pages : 203 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Economic Mobility and the Rise of the Latin American Middle Class by : Francisco H. G. Ferreira

Download or read book Economic Mobility and the Rise of the Latin American Middle Class written by Francisco H. G. Ferreira and published by World Bank Publications. This book was released on 2012-11-09 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of stagnation, the size of Latin America's middle class recently expanded to the point where, for the first time ever, the number of people in poverty is equal to the size of the middle class. This volume investigates the nature, determinants and possible consequences of this remarkable process of social transformation. We propose an original definition of the middle class, tailor-made for Latin America, centered on the concept of economic security and thus a low probability of falling into poverty. Given our definition of the middle class, there are four, not three, classes in Latin America. Sandwiched between the poor and the middle class there lies a large group of people who appear to make ends meet well enough, but do not enjoy the economic security that would be required for membership of the middle class. We call this group the 'vulnerable'. In an almost mechanical sense, these transformations in Latin America reflect both economic growth and declining inequality in over the period. We adopt a measure of mobility that decomposes the 'gainers' and 'losers' in society by social class of each household. The continent has experienced a large amount of churning over the last 15 years, at least 43% of all Latin Americans changed social classes between the mid 1990s and the end of the 2000s. Despite the upward mobility trend, intergenerational mobility, a better proxy for inequality of opportunity, remains stagnant. Educational achievement and attainment remain to be strongly dependent upon parental education levels. Despite the recent growth in pro-poor programs, the middle class has benefited disproportionally from social security transfers and are increasingly opting out from government services. Central to the region's prospects of continued progress will be its ability to harness the new middle class into a new, more inclusive social contract, where the better-off pay their fair share of taxes, and demand improved public services.

The Forgotten Americans

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Author :
Publisher : Yale University Press
ISBN 13 : 0300230362
Total Pages : 268 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis The Forgotten Americans by : Isabel Sawhill

Download or read book The Forgotten Americans written by Isabel Sawhill and published by Yale University Press. This book was released on 2018-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sobering account of a disenfranchised American working class and important policy solutions to the nation's economic inequalities One of the country's leading scholars on economics and social policy, Isabel Sawhill addresses the enormous divisions in American society--economic, cultural, and political--and what might be done to bridge them. Widening inequality and the loss of jobs to trade and technology has left a significant portion of the American workforce disenfranchised and skeptical of governments and corporations alike. And yet both have a role to play in improving the country for all. Sawhill argues for a policy agenda based on mainstream values, such as family, education, and work. Although many have lost faith in government programs designed to help them, there are still trusted institutions on both the local and the federal level that can deliver better job opportunities and higher wages to those who have been left behind. At the same time, the private sector needs to reexamine how it trains and rewards employees. This book provides a clear-headed and middle-way path to a better-functioning society in which personal responsibility is honored and inclusive capitalism and more broadly shared growth are once more the norm.

The Vanishing Middle Class, new epilogue

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Author :
Publisher : MIT Press
ISBN 13 : 0262535297
Total Pages : 288 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Vanishing Middle Class, new epilogue by : Peter Temin

Download or read book The Vanishing Middle Class, new epilogue written by Peter Temin and published by MIT Press. This book was released on 2018-03-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.

The Crisis of the Middle-Class Constitution

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Author :
Publisher : Vintage
ISBN 13 : 1101973455
Total Pages : 434 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis The Crisis of the Middle-Class Constitution by : Ganesh Sitaraman

Download or read book The Crisis of the Middle-Class Constitution written by Ganesh Sitaraman and published by Vintage. This book was released on 2018-02-06 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this original, provocative contribution to the debate over economic inequality, Ganesh Sitaraman argues that a strong and sizable middle class is a prerequisite for America’s constitutional system. For most of Western history, Sitaraman argues, constitutional thinkers assumed economic inequality was inevitable and inescapable—and they designed governments to prevent class divisions from spilling over into class warfare. The American Constitution is different. Compared to Europe and the ancient world, America was a society of almost unprecedented economic equality, and the founding generation saw this equality as essential for the preservation of America’s republic. Over the next two centuries, generations of Americans fought to sustain the economic preconditions for our constitutional system. But today, with economic and political inequality on the rise, Sitaraman says Americans face a choice: Will we accept rising economic inequality and risk oligarchy or will we rebuild the middle class and reclaim our republic? The Crisis of the Middle-Class Constitution is a tour de force of history, philosophy, law, and politics. It makes a compelling case that inequality is more than just a moral or economic problem; it threatens the very core of our constitutional system.

Immigrants and Boomers

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610444183
Total Pages : 376 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Immigrants and Boomers by : Dowell Myers

Download or read book Immigrants and Boomers written by Dowell Myers and published by Russell Sage Foundation. This book was released on 2007-02-22 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This story of hope for both immigrants and native-born Americans is a well-researched, insightful, and illuminating study that provides compelling evidence to support a policy of homegrown human investment as a new priority. A timely, valuable addition to demographic and immigration studies. Highly recommended." —Choice Virtually unnoticed in the contentious national debate over immigration is the significant demographic change about to occur as the first wave of the Baby Boom generation retires, slowly draining the workforce and straining the federal budget to the breaking point. In this forward-looking new book, noted demographer Dowell Myers proposes a new way of thinking about the influx of immigrants and the impending retirement of the Baby Boomers. Myers argues that each of these two powerful demographic shifts may hold the keys to resolving the problems presented by the other. Immigrants and Boomers looks to California as a bellwether state—where whites are no longer a majority of the population and represent just a third of residents under age twenty—to afford us a glimpse into the future impact of immigration on the rest of the nation. Myers opens with an examination of the roots of voter resistance to providing social services for immigrants. Drawing on detailed census data, Myers demonstrates that long-established immigrants have been far more successful than the public believes. Among the Latinos who make up the bulk of California's immigrant population, those who have lived in California for over a decade show high levels of social mobility and use of English, and 50 percent of Latino immigrants become homeowners after twenty years. The impressive progress made by immigrant families suggests they have the potential to pick up the slack from aging boomers over the next two decades. The mass retirement of the boomers will leave critical shortages in the educated workforce, while shrinking ranks of middle-class tax payers and driving up entitlement expenditures. In addition, as retirees sell off their housing assets, the prospect of a generational collapse in housing prices looms. Myers suggests that it is in the boomers' best interest to invest in the education and integration of immigrants and their children today in order to bolster the ranks of workers, taxpayers, and homeowners America they will depend on ten and twenty years from now. In this compelling, optimistic book, Myers calls for a new social contract between the older and younger generations, based on their mutual interests and the moral responsibility of each generation to provide for children and the elderly. Combining a rich scholarly perspective with keen insight into contemporary political dilemmas, Immigrants and Boomers creates a new framework for understanding the demographic challenges facing America and forging a national consensus to address them.

Toward a New Social Contract

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Author :
Publisher : World Bank Publications
ISBN 13 : 146481354X
Total Pages : 248 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Toward a New Social Contract by : Maurizio Bussolo

Download or read book Toward a New Social Contract written by Maurizio Bussolo and published by World Bank Publications. This book was released on 2018-10-24 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growing economic fissures in the societies of Europe and Central Asia between generations, between insiders and outsiders in the labor market, between rural and urban communities, and between the super-rich and everyone else, are threatening the sustainability of the social contract. The institutions that helped achieving a remarkable degree of equity and prosperity over the course of several decades now face considerable difficulties in coping with the challenges presented by these emerging forms of inequality. Public surveys reveal rising concerns over inequality of opportunity, while electoral results show a marked shift to populist parties that offer radical solutions to voters dissatisfied with the status quo. There is no single solution to relieve these tensions, and attempts to address them will vary considerably across the region. However, this publication proposes three broad policy principles: (1) promote labor market flexibility while maintaining protection for all types of labor contracts; (2) seek universality in the provision of social assistance, social insurance, and basic quality services; and (3) expand the tax base by complementing progressive labor-income taxation with taxation of capital. These principles could guide the rethinking of the social contract and fulfil European citizens’ aspirations for growth and equity.

Immigrants and the American Dream

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Author :
Publisher : Guilford Press
ISBN 13 : 9781572308800
Total Pages : 282 pages
Book Rating : 4.3/5 (88 download)

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Book Synopsis Immigrants and the American Dream by : William A. V. Clark

Download or read book Immigrants and the American Dream written by William A. V. Clark and published by Guilford Press. This book was released on 2003-06-06 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has absorbed nearly 10 million immigrants in the past decade. This book examines who the new immigrants are, where they live, and who among them are gaining entry into the American middle class. Discussed are the complex factors that promote or hinder immigrant success, as well as the varying opportunities and constraints met by those living in particular regions. Extensive data are synthesized on key dimensions of immigrant achievement: income level, professional status, and rates of homeownership and political participation. Also provided is a balanced analysis of the effects of immigration on broader socioeconomic, geographic, and political trends. Examining the extent to which contemporary immigrants are realizing the American dream, this book explores crucial policy questions and challenges that face our diversifying society.

The Middle Class Consensus and Economic Development

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Middle Class Consensus and Economic Development by : William Easterly

Download or read book The Middle Class Consensus and Economic Development written by William Easterly and published by World Bank Publications. This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: A higher share of income for the middle class and lower ethnic polarization are empirically associated with higher income, higher growth, more education, better health, better infrastructure, better economic policies, less political instability, less civil war (putting ethnic minorities at risk), more social "modernization," and more democracy.

How the Poor Can Save Capitalism

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Author :
Publisher : Berrett-Koehler Publishers
ISBN 13 : 1626560331
Total Pages : 177 pages
Book Rating : 4.6/5 (265 download)

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Book Synopsis How the Poor Can Save Capitalism by : John Hope Bryant

Download or read book How the Poor Can Save Capitalism written by John Hope Bryant and published by Berrett-Koehler Publishers. This book was released on 2014-06-02 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has a simple message for business leaders: you help yourselves by helping the poor. Instead of feeling as if the economy is working against them, the poor need to feel they have a stake in it so they will buy your products and put money in the bank. Supporting poor people's efforts to move into the middle class is the only way to enrich everyone, rich and poor alike.

The New Middle Class

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Author :
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis The New Middle Class by : Emil Lederer

Download or read book The New Middle Class written by Emil Lederer and published by . This book was released on 1937 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New New Deal

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1451642326
Total Pages : 511 pages
Book Rating : 4.4/5 (516 download)

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Book Synopsis The New New Deal by : Michael Grunwald

Download or read book The New New Deal written by Michael Grunwald and published by Simon and Schuster. This book was released on 2012-08-14 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: A riveting story about change in the Obama era--and an essential handbook forvoters who want the truth about the president, his record, and his enemies by"TIME" senior correspondent Grunwald.

The Radical Middle Class

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691126003
Total Pages : 420 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Radical Middle Class by : Robert D. Johnston

Download or read book The Radical Middle Class written by Robert D. Johnston and published by Princeton University Press. This book was released on 2006-02-19 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: America has a long tradition of middle-class radicalism, albeit one that intellectual orthodoxy has tended to obscure. The Radical Middle Class seeks to uncover the democratic, populist, and even anticapitalist legacy of the middle class. By examining in particular the independent small business sector or petite bourgeoisie, using Progressive Era Portland, Oregon, as a case study, Robert Johnston shows that class still matters in America. But it matters only if the politics and culture of the leading player in affairs of class, the middle class, is dramatically reconceived. This book is a powerful combination of intellectual, business, labor, medical, and, above all, political history. Its author also humanizes the middle class by describing the lives of four small business owners: Harry Lane, Will Daly, William U'Ren, and Lora Little. Lane was Portland's reform mayor before becoming one of only six senators to vote against U.S. entry into World War I. Daly was Oregon's most prominent labor leader and a onetime Socialist. U'Ren was the national architect of the direct democracy movement. Little was a leading antivaccinationist. The Radical Middle Class further explores the Portland Ku Klux Klan and concludes with a national overview of the American middle class from the Progressive Era to the present. With its engaging narrative, conceptual richness, and daring argumentation, it will be welcomed by all who understand that reexamining the middle class can yield not only better scholarship but firmer grounds for democratic hope.

Reimagining our futures together

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Author :
Publisher : UNESCO Publishing
ISBN 13 : 9231004786
Total Pages : 185 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis Reimagining our futures together by : International Commission on the Futures of Education

Download or read book Reimagining our futures together written by International Commission on the Futures of Education and published by UNESCO Publishing. This book was released on 2021-11-06 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interwoven futures of humanity and our planet are under threat. Urgent action, taken together, is needed to change course and reimagine our futures.