Degrees of Inequality

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Publisher : Basic Books (AZ)
ISBN 13 : 0465044964
Total Pages : 274 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Degrees of Inequality by : Suzanne Mettler

Download or read book Degrees of Inequality written by Suzanne Mettler and published by Basic Books (AZ). This book was released on 2014-03-11 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: America’s higher education system is failing its students. In the space of a generation, we have gone from being the best-educated society in the world to one surpassed by eleven other nations in college graduation rates. Higher education is evolving into a caste system with separate and unequal tiers that take in students from different socio-economic backgrounds and leave them more unequal than when they first enrolled. Until the 1970s, the United States had a proud history of promoting higher education for its citizens. The Morrill Act, the G.I. Bill and Pell Grants enabled Americans from across the income spectrum to attend college and the nation led the world in the percentage of young adults with baccalaureate degrees. Yet since 1980, progress has stalled. Young adults from low to middle income families are not much more likely to graduate from college than four decades ago. When less advantaged students do attend, they are largely sequestered into inferior and often profit-driven institutions, from which many emerge without degrees—and shouldering crushing levels of debt. In Degrees of Inequality, acclaimed political scientist Suzanne Mettler explains why the system has gone so horribly wrong and why the American Dream is increasingly out of reach for so many. In her eye-opening account, she illuminates how political partisanship has overshadowed America’s commitment to equal access to higher education. As politicians capitulate to corporate interests, owners of for-profit colleges benefit, but for far too many students, higher education leaves them with little besides crippling student loan debt. Meanwhile, the nation’s public universities have shifted the burden of rising costs onto students. In an era when a college degree is more linked than ever before to individual—and societal—well-being, these pressures conspire to make it increasingly difficult for students to stay in school long enough to graduate. By abandoning their commitment to students, politicians are imperiling our highest ideals as a nation. Degrees of Inequality offers an impassioned call to reform a higher education system that has come to exacerbate, rather than mitigate, socioeconomic inequality in America.

The American Non-Dilemma

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Publisher : Russell Sage Foundation
ISBN 13 : 1610447891
Total Pages : 430 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis The American Non-Dilemma by : Nancy DiTomaso

Download or read book The American Non-Dilemma written by Nancy DiTomaso and published by Russell Sage Foundation. This book was released on 2013-01-17 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Civil Rights movement of the 1960s seemed to mark a historical turning point in advancing the American dream of equal opportunity for all citizens, regardless of race. Yet 50 years on, racial inequality remains a troubling fact of life in American society and its causes are highly contested. In The American Non-Dilemma, sociologist Nancy DiTomaso convincingly argues that America's enduring racial divide is sustained more by whites' preferential treatment of members of their own social networks than by overt racial discrimination. Drawing on research from sociology, political science, history, and psychology, as well as her own interviews with a cross-section of non-Hispanic whites, DiTomaso provides a comprehensive examination of the persistence of racial inequality in the post-Civil Rights era and how it plays out in today's economic and political context. Taking Gunnar Myrdal's classic work on America's racial divide, The American Dilemma, as her departure point, DiTomaso focuses on "the white side of the race line." To do so, she interviewed a sample of working, middle, and upper-class whites about their life histories, political views, and general outlook on racial inequality in America. While the vast majority of whites profess strong support for civil rights and equal opportunity regardless of race, they continue to pursue their own group-based advantage, especially in the labor market where whites tend to favor other whites in securing jobs protected from market competition. This "opportunity hoarding" leads to substantially improved life outcomes for whites due to their greater access to social resources from family, schools, churches, and other institutions with which they are engaged. DiTomaso also examines how whites understand the persistence of racial inequality in a society where whites are, on average, the advantaged racial group. Most whites see themselves as part of the solution rather than part of the problem with regard to racial inequality. Yet they continue to harbor strong reservations about public policies—such as affirmative action—intended to ameliorate racial inequality. In effect, they accept the principles of civil rights but not the implementation of policies that would bring about greater racial equality. DiTomaso shows that the political engagement of different groups of whites is affected by their views of how civil rights policies impact their ability to provide advantages to family and friends. This tension between civil and labor rights is evident in Republicans' use of anti-civil rights platforms to attract white voters, and in the efforts of Democrats to bridge race and class issues, or civil and labor rights broadly defined. As a result, DiTomaso finds that whites are, at best, uncertain allies in the fight for racial equality. Weaving together research on both race and class, along with the life experiences of DiTomaso's interview subjects, The American Non-Dilemma provides a compelling exploration of how racial inequality is reproduced in today's society, how people come to terms with the issue in their day-to-day experiences, and what these trends may signify in the contemporary political landscape.

American Inequality

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Author :
Publisher : New York ; Toronto : Academic Press
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis American Inequality by : Jeffrey G. Williamson

Download or read book American Inequality written by Jeffrey G. Williamson and published by New York ; Toronto : Academic Press. This book was released on 1980 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph presenting a macroeconomic analysis of the relationship of economic development to wealth and income distribution inequality trends in the USA from the historical 1770s to the 1970s - rejects the notion that inequality was a necessary precondition of economic growth, and argues that complex interactions among such variables as technological change, labour supply and capital formation were sources of economic disparity. Bibliography pp. 335 to 349 and graphs.

Inequality for All

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Author :
Publisher : Teachers College Press
ISBN 13 : 0807771082
Total Pages : 289 pages
Book Rating : 4.8/5 (77 download)

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Book Synopsis Inequality for All by : William Schmidt

Download or read book Inequality for All written by William Schmidt and published by Teachers College Press. This book was released on 2015-04-17 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality for All makes an important contribution to current debates about economic inequalities and the growing achievement gap, particularly in mathematics and science education. The authors argue that the greatest source of variation in opportunity to learn is not between local communities, or even schools, but between classrooms. They zero in on one of the core elements of schooling—coverage of subject matter content—and examine how such opportunities are distributed across the millions of school children in the United States. Drawing on data from the third TIMMS international study of curriculum and achievement, as well as a six-district study of over 500 schools across the United States, they point to Common Core State Standards as being a key step in creating a more level playing field for all students. William H. Schmidt is University Distinguished Professor at Michigan State University and co-director of the Education Policy Center. Curtis C. McKnight is emeritus professor of mathematics at the University of Oklahoma.

Degrees of Inequality

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Publisher : JHU Press
ISBN 13 : 0801899125
Total Pages : 264 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Degrees of Inequality by : Ann L. Mullen

Download or read book Degrees of Inequality written by Ann L. Mullen and published by JHU Press. This book was released on 2011-01-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Educator's Award. Delta Kappa Gamma Society International2011 Outstanding Publication in Postsecondary Education, American Educational Research Association, Division J Degrees of Inequality reveals the powerful patterns of social inequality in American higher education by analyzing how the social background of students shapes nearly every facet of the college experience. Even as the most prestigious institutions claim to open their doors to students from diverse backgrounds, class disparities remain. Just two miles apart stand two institutions that represent the stark class contrast in American higher education. Yale, an elite Ivy League university, boasts accomplished alumni, including national and world leaders in business and politics. Southern Connecticut State University graduates mostly commuter students seeking credential degrees in fields with good job prospects. Ann L. Mullen interviewed students from both universities and found that their college choices and experiences were strongly linked to social background and gender. Yale students, most having generations of family members with college degrees, are encouraged to approach their college years as an opportunity for intellectual and personal enrichment. Southern students, however, perceive a college degree as a path to a better career, and many work full- or part-time jobs to help fund their education. Moving interviews with 100 students at the two institutions highlight how American higher education reinforces the same inequities it has been aiming to transcend.

Rugged Individualism and the Misunderstanding of American Inequality

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1611462355
Total Pages : 303 pages
Book Rating : 4.6/5 (114 download)

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Book Synopsis Rugged Individualism and the Misunderstanding of American Inequality by : Lawrence M. Eppard

Download or read book Rugged Individualism and the Misunderstanding of American Inequality written by Lawrence M. Eppard and published by Rowman & Littlefield. This book was released on 2020-02-20 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rugged Individualism and the Misunderstanding of American Inequalityexplores and critiques the widespread perception in the United States that one’s success or failure in life is largely the result of personal choices and individual characteristics. As the authors show, the distinctively individualist ideology of American politics and culture shapes attitudes toward poverty and economic inequality in profound ways, fostering social policies that de-emphasize structural remedies. Drawing on a variety of unique methodologies, the book synthesizes data from large-scale surveys of the American population, and it features both conversations with academic experts and interviews with American citizens intimately familiar with the consequences of economic disadvantage. This mixture of approaches gives readers a fuller understanding of “skeptical altruism,” a concept the authors use to describe the American public’s hesitancy to adopt a more robust and structurally-oriented approach to solving the persistent problem of economic disadvantage.

Inequality in America

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815724217
Total Pages : 105 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Inequality in America by : Uri B. Dadush

Download or read book Inequality in America written by Uri B. Dadush and published by Brookings Institution Press. This book was released on 2012 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality in America provides a snapshot of the issues posed by growing economic disparity, focusing particularly on America but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality as well as identify worrying trends associated with its rise, making the issues surrounding income distribution accessible to a wider public.

Punishment and Inequality in America

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610445554
Total Pages : 264 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Punishment and Inequality in America by : Bruce Western

Download or read book Punishment and Inequality in America written by Bruce Western and published by Russell Sage Foundation. This book was released on 2006-05-25 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last thirty years, the prison population in the United States has increased more than seven-fold to over two million people, including vastly disproportionate numbers of minorities and people with little education. For some racial and educational groups, incarceration has become a depressingly regular experience, and prison culture and influence pervade their communities. Almost 60 percent of black male high school drop-outs in their early thirties have spent time in prison. In Punishment and Inequality in America, sociologist Bruce Western explores the recent era of mass incarceration and the serious social and economic consequences it has wrought. Punishment and Inequality in America dispels many of the myths about the relationships among crime, imprisonment, and inequality. While many people support the increase in incarceration because of recent reductions in crime, Western shows that the decrease in crime rates in the 1990s was mostly fueled by growth in city police forces and the pacification of the drug trade. Getting "tough on crime" with longer sentences only explains about 10 percent of the fall in crime, but has come at a significant cost. Punishment and Inequality in America reveals a strong relationship between incarceration and severely dampened economic prospects for former inmates. Western finds that because of their involvement in the penal system, young black men hardly benefited from the economic boom of the 1990s. Those who spent time in prison had much lower wages and employment rates than did similar men without criminal records. The losses from mass incarceration spread to the social sphere as well, leaving one out of ten young black children with a father behind bars by the end of the 1990s, thereby helping perpetuate the damaging cycle of broken families, poverty, and crime. The recent explosion of imprisonment is exacting heavy costs on American society and exacerbating inequality. Whereas college or the military were once the formative institutions in young men's lives, prison has increasingly usurped that role in many communities. Punishment and Inequality in America profiles how the growth in incarceration came about and the toll it is taking on the social and economic fabric of many American communities.

Unequal Gains

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Publisher : Princeton University Press
ISBN 13 : 0691178275
Total Pages : 420 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Unequal Gains by : Peter H. Lindert

Download or read book Unequal Gains written by Peter H. Lindert and published by Princeton University Press. This book was released on 2017-12-05 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book that rewrites the history of American prosperity and inequality Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.

The American Class Structure in an Age of Growing Inequality

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Author :
Publisher : SAGE Publications
ISBN 13 : 1506345980
Total Pages : 421 pages
Book Rating : 4.5/5 (63 download)

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Book Synopsis The American Class Structure in an Age of Growing Inequality by : Dennis L. Gilbert

Download or read book The American Class Structure in an Age of Growing Inequality written by Dennis L. Gilbert and published by SAGE Publications. This book was released on 2017-12-07 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the latest data on income, wealth, earnings, and residential segregation by income, The American Class Structure in an Age of Growing Inequality, Tenth Edition describes a consistent pattern of growing inequality in the United States since the early 1970s. Focusing on the socioeconomic core of the American class system, author Dennis L. Gilbert examines how changes in the economy, family life, globalization, and politics are contributing to increasing class inequality. New to this Edition “The Class Basis of Trump's Victory” looks at why for the first time since before the 1932 election, the Republican presidential candidate won a greater proportion of the working class vote than the Democratic opponent. Addresses the role of technology and other factors in the decline of manufacturing employment and how the trend is crucial for understanding growing inequality and changes in working class family life. Offers international comparisons to show how the U.S. compares with other wealthy nations on social mobility and poverty, and questions our conception of the U.S. as a uniquely open society.

Toxic Inequality

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Publisher : Basic Books
ISBN 13 : 0465094872
Total Pages : 272 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Everyone concerned about the toxic effects of inequality must read this book."--Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US."--William Julius Wilson Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society.

Engine of Inequality

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119726743
Total Pages : 291 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Engine of Inequality by : Karen Petrou

Download or read book Engine of Inequality written by Karen Petrou and published by John Wiley & Sons. This book was released on 2021-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.

America's Inequality Trap

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022666564X
Total Pages : 215 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis America's Inequality Trap by : Nathan J. Kelly

Download or read book America's Inequality Trap written by Nathan J. Kelly and published by University of Chicago Press. This book was released on 2020-02-11 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The gap between the rich and the poor has grown dramatically in the United States and is now at its widest since at least the early 1900s. While by most measures the economy has been improving, soaring cost of living and stagnant wages have done little to assuage economic anxieties. Conditions like these seem designed to produce a generation-defining intervention to balance the economic scales and enhance opportunities for those at the middle and bottom of the country’s economic ladder—but we have seen nothing of the sort. Nathan J. Kelly argues that a key reason for this is that rising concentrations of wealth create a politics that makes reducing economic inequality more difficult. Kelly convincingly shows that, when a small fraction of the people control most of the economic resources, they also hold a disproportionate amount of political power, hurtling us toward a self-perpetuating plutocracy, or an “inequality trap.” Among other things, the rich support a broad political campaign that convinces voters that policies to reduce inequality are unwise and not in the average voter’s interest, regardless of the real economic impact. They also take advantage of interest groups they generously support to influence Congress and the president, as well as state governments, in ways that stop or slow down reform. One of the key implications of this book is that social policies designed to combat inequality should work hand-in-hand with political reforms that enhance democratic governance and efforts to fight racism, and a coordinated effort on all of these fronts will be needed to reverse the decades-long trend.

Inequality in America

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Author :
Publisher : Bloomsbury Publishing USA
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.2/5 (161 download)

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Book Synopsis Inequality in America by : Robert S. Rycroft

Download or read book Inequality in America written by Robert S. Rycroft and published by Bloomsbury Publishing USA. This book was released on 2021-06-18 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative reference work explores the factors driving the much-debated increase in economic inequality in U.S. society, as well as the impact that this divide is having on U.S. culture, politics, families, communities, and institutions. This reference work provides an authoritative and comprehensive resource for both students and scholars who are interested in learning more about the rich-poor divide in the United States—a divide regarded by many lawmakers, researchers, pundits, and concerned citizens as one of the nation's most serious problems. The book provides important historical background for understanding how the nation has grappled with (or ignored) this issue in the past, examines specific causes of inequality identified by observers across the political spectrum, and summarizes the potential consequences (both present and future) of economic inequality. This book examines more than 25 issues frequently cited as factors contributing to the rapidly widening gap between socioeconomic classes in the U.S., ranging from such demographic factors as race and gender to tax code provisions and differences in access to quality education and health care. The book also provides both a retrospective and prospective look at government policies aimed at addressing inequality or assisting the poor. Finally, the book looks ahead to survey the future of inequality in America.

Class War?

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226644561
Total Pages : 158 pages
Book Rating : 4.2/5 (266 download)

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Book Synopsis Class War? by : Benjamin I. Page

Download or read book Class War? written by Benjamin I. Page and published by University of Chicago Press. This book was released on 2009-08-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent battles in Washington over how to fix America’s fiscal failures strengthened the widespread impression that economic issues sharply divide average citizens. Indeed, many commentators split Americans into two opposing groups: uncompromising supporters of unfettered free markets and advocates for government solutions to economic problems. But such dichotomies, Benjamin Page and Lawrence Jacobs contend, ring false. In Class War? they present compelling evidence that most Americans favor free enterprise and practical government programs to distribute wealth more equitably. At every income level and in both major political parties, majorities embrace conservative egalitarianism—a philosophy that prizes individualism and self-reliance as well as public intervention to help Americans pursue these ideals on a level playing field. Drawing on hundreds of opinion studies spanning more than seventy years, including a new comprehensive survey, Page and Jacobs reveal that this worldview translates to broad support for policies aimed at narrowing the gap between rich and poor and creating genuine opportunity for all. They find, for example, that across economic, geographical, and ideological lines, most Americans support higher minimum wages, improved public education, wider access to universal health insurance coverage, and the use of tax dollars to fund these programs. In this surprising and heartening assessment, Page and Jacobs provide our new administration with a popular mandate to combat the economic inequity that plagues our nation.

The Age of Inequality

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Author :
Publisher : Verso Books
ISBN 13 : 1786631148
Total Pages : 273 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis The Age of Inequality by : Jeremy Gantz

Download or read book The Age of Inequality written by Jeremy Gantz and published by Verso Books. This book was released on 2017-04-18 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stories behind the inequality crisis—a forty-year investigation by In These Times With heart-wrenching reporting and incisive analysis, In These Times magazine has charted a staggering rise in inequality and the fall of the American middle class. Here, in a selection from four decades of articles by investigative reporters and progressive thinkers, is the story of our age. It is a tale of shockingly successful corporate takeovers stretching from Reagan to Trump, but also of brave attempts to turn the tide, from the Seattle global justice protests to Occupy to the Fight for 15. Featuring contributions from Michelle Chen, Noam Chomsky, Tom Geoghegan, Juan González, David Moberg, Salim Muwakkil, Ralph Nader, Frances Fox Piven, Keeanga-Yamahtta Taylor, Slavoj Žižek, and many others, The Age of Inequality is the definitive account of a defining issue of our time.

The Bonds of Inequality

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022672168X
Total Pages : 318 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis The Bonds of Inequality by : Destin Jenkins

Download or read book The Bonds of Inequality written by Destin Jenkins and published by University of Chicago Press. This book was released on 2021-04-29 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.