Americas Founding And The Struggle Over Economic Inequality

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America's Founding and the Struggle over Economic Inequality

Author : Clement Fatovic
Publisher : University Press of Kansas
ISBN 13 : 0700621733
Total Pages : 360 pages
Book Rating : 4.7/5 (6 download)

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Book Synopsis America's Founding and the Struggle over Economic Inequality by : Clement Fatovic

Download or read book America's Founding and the Struggle over Economic Inequality written by Clement Fatovic and published by University Press of Kansas. This book was released on 2014-12-04 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: If, as many allege, attacking the gap between rich and poor is a form of class warfare, then the struggle against income inequality is the longest running war in American history. To defenders of the status quo, who argue that the accumulation of wealth free of government intervention is an essential feature of the American way, this book offers a forceful answer. While many of those who oppose addressing economic inequality through public policy today do so in the name of freedom, Clement Fatovic demonstrates that concerns about freedom informed the Founding Fathers' arguments for public policy that tackled economic disparities. Where contemporary arguments against such government efforts conceptualize freedom in economic terms, however, those supporting public policies conducive to greater economic equality invoked a more participatory, republican, conception of freedom. As many of the Founders understood it, economic independence, which requires a wide if imperfect distribution of property, is a precondition of the political independence they so profoundly valued. Fatovic reveals a deep concern among the Founders--including Thomas Jefferson, Thomas Paine, and Noah Webster--about the impact of economic inequality on political freedom. America's Founding and the Struggle over Economic Inequality traces this concern through many important political debates in Congress and the broader polity that shaped the early Republic--debates over tax policies, public works, public welfare, and the debt from the Revolution. We see how Alexander Hamilton, so often characterized as a cold-hearted apologist for plutocrats, actually favored a more progressive system of taxation, along with various policies aimed at easing the economic hardship of specific groups. In Thomas Paine, frequently portrayed as an advocate of laissez-faire government, we find a champion of a comprehensive welfare state that would provide old-age pensions, public housing, and a host of other benefits as a matter of "right, not charity." Contrary to the picture drawn by so many of today's pundits and politicians, this book shows us how, for the first American statesmen, preventing or minimizing economic disparities was essential to the preservation of the new nation's freedom and practice of self-government.

Unequal Gains

Author : Peter H. Lindert
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.

Inequality and American Democracy

Author : Lawrence R. Jacobs
Publisher : Russell Sage Foundation
ISBN 13 : 1610443047
Total Pages : 256 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Inequality and American Democracy by : Lawrence R. Jacobs

Download or read book Inequality and American Democracy written by Lawrence R. Jacobs and published by Russell Sage Foundation. This book was released on 2005-08-25 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the twentieth century, the United States ended some of its most flagrant inequalities. The "rights revolution" ended statutory prohibitions against women's suffrage and opened the doors of voting booths to African Americans. Yet a more insidious form of inequality has emerged since the 1970s—economic inequality—which appears to have stalled and, in some arenas, reversed progress toward realizing American ideals of democracy. In Inequality and American Democracy, editors Lawrence Jacobs and Theda Skocpol headline a distinguished group of political scientists in assessing whether rising economic inequality now threatens hard-won victories in the long struggle to achieve political equality in the United States. Inequality and American Democracy addresses disparities at all levels of the political and policy-making process. Kay Lehman Scholzman, Benjamin Page, Sidney Verba, and Morris Fiorina demonstrate that political participation is highly unequal and strongly related to social class. They show that while economic inequality and the decreasing reliance on volunteers in political campaigns serve to diminish their voice, middle class and working Americans lag behind the rich even in protest activity, long considered the political weapon of the disadvantaged. Larry Bartels, Hugh Heclo, Rodney Hero, and Lawrence Jacobs marshal evidence that the U.S. political system may be disproportionately responsive to the opinions of wealthy constituents and business. They argue that the rapid growth of interest groups and the increasingly strict party-line voting in Congress imperils efforts at enacting policies that are responsive to the preferences of broad publics and to their interests in legislation that extends economic and social opportunity. Jacob Hacker, Suzanne Mettler, and Dianne Pinderhughes demonstrate the feedbacks of government policy on political participation and inequality. In short supply today are inclusive public policies like the G.I. Bill, Social Security legislation, the War on Poverty, and the Voting Rights Act of 1965 that changed the American political climate, mobilized interest groups, and altered the prospect for initiatives to stem inequality in the last fifty years. Inequality and American Democracy tackles the complex relationships between economic, social, and political inequality with authoritative insight, showcases a new generation of critical studies of American democracy, and highlights an issue of growing concern for the future of our democratic society.

The Lost Tradition of Economic Equality in America, 1600–1870

Author : Daniel R. Mandell
Publisher : JHU Press
ISBN 13 : 1421437120
Total Pages : 329 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis The Lost Tradition of Economic Equality in America, 1600–1870 by : Daniel R. Mandell

Download or read book The Lost Tradition of Economic Equality in America, 1600–1870 written by Daniel R. Mandell and published by JHU Press. This book was released on 2020-04-07 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: An important examination of the foundational American ideal of economic equality—and how we lost it. Winner of the Missouri Conference on History Book Award for 2021 The United States has some of the highest levels of both wealth and income inequality in the world. Although modern-day Americans are increasingly concerned about this growing inequality, many nonetheless believe that the country was founded on a person's right to acquire and control property. But in The Lost Tradition of Economic Equality in America, 1600–1870, Daniel R. Mandell argues that, in fact, the United States was originally deeply influenced by the belief that maintaining a "rough" or relative equality of wealth is essential to the cultivation of a successful republican government. Mandell explores the origins and evolution of this ideal. He shows how, during the Revolutionary War, concerns about economic equality helped drive wage and price controls, while after its end Americans sought ways to maintain their beloved "rough" equality against the danger of individuals amassing excessive wealth. He also examines how, after 1800, this tradition was increasingly marginalized by the growth of the liberal ideal of individual property ownership without limits. This politically evenhanded book takes a sweeping, detailed view of economic, social, and cultural developments up to the time of Reconstruction, when Congress refused to redistribute plantation lands to the former slaves who had worked it, insisting instead that they required only civil and political rights. Informing current discussions about the growing gap between rich and poor in the United States, The Lost Tradition of Economic Equality in America is surprising and enlightening.

The Politics of Inequality

Author : Michael Thompson
Publisher : Columbia University Press
ISBN 13 : 0231140746
Total Pages : 265 pages
Book Rating : 4.2/5 (311 download)

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Book Synopsis The Politics of Inequality by : Michael Thompson

Download or read book The Politics of Inequality written by Michael Thompson and published by Columbia University Press. This book was released on 2007 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early days of the American republic, political thinkers have maintained that a grossly unequal division of property, wealth, and power would lead to the erosion of democratic life. Yet over the past thirty-five years, neoconservatives and neoliberals alike have redrawn the tenets of American liberalism. Nowhere is this more evident than in our current mainstream political discourse, in which the politics of economic inequality are rarely discussed. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique. It has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom-the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique; it has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom--the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought.

The Crisis of the Middle-Class Constitution

Author : Ganesh Sitaraman
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.

America's Inequality Trap

Author : Nathan J. Kelly
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.

Economic Inequality

Author : Coral Celeste Frazer
Publisher : Twenty-First Century Books (Tm)
ISBN 13 : 1512431079
Total Pages : 132 pages
Book Rating : 4.5/5 (124 download)

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Book Synopsis Economic Inequality by : Coral Celeste Frazer

Download or read book Economic Inequality written by Coral Celeste Frazer and published by Twenty-First Century Books (Tm). This book was released on 2018 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions of Americans don't earn enough money to pay for decent housing, food, health care, and education. Meanwhile the rich keep getting richer. Learn how governments, businesses, and citizens are fighting to close the economic gap.

The Struggle for America's Promise

Author : Claire Goldstene
Publisher : Univ. Press of Mississippi
ISBN 13 : 1626741352
Total Pages : 224 pages
Book Rating : 4.6/5 (267 download)

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Book Synopsis The Struggle for America's Promise by : Claire Goldstene

Download or read book The Struggle for America's Promise written by Claire Goldstene and published by Univ. Press of Mississippi. This book was released on 2014-04-17 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Struggle for America’s Promise, Claire Goldstene seeks to untangle one of the enduring ideals in American history, that of economic opportunity. She explores the varied discourses about its meaning during the upheavals and corporate consolidations of the Gilded Age. Some proponents of equal opportunity seek to promote upward financial mobility by permitting more people to participate in the economic sphere thereby rewarding merit over inherited wealth. Others use opportunity as a mechanism to maintain economic inequality. This tension, embedded with the idea of equal opportunity itself and continually reaffirmed by immigrant populations, animated social dissent among urban workers while simultaneously serving efforts by business elites to counter such dissent. Goldstene uses a biographical approach to focus on key figures along a spectrum of political belief as they struggled to reconcile the inherent contradictions of equal opportunity. She considers the efforts of Booker T. Washington in a post–Civil War South to ground opportunity in landownership as an attempt to confront the intersection of race and class. She also explores the determination of the Knights of Labor to define opportunity in terms of controlling one’s own labor. She looks at the attempts by Samuel Gompers through the American Federation of Labor as well as by business elites through the National Association of Manufacturers and the National Civic Federation to shift the focus of opportunity to leisure and consumption. The Struggle for America’s Promise also includes such radical figures as Edward Bellamy and Emma Goldman, who were more willing to step beyond the boundaries of the discourse about opportunity and question economic competition itself.

Inequality for All

Author : William Schmidt
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.

Economic Apartheid In America

Author : Chuck Collins
Publisher : The New Press
ISBN 13 : 1595587314
Total Pages : 254 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis Economic Apartheid In America by : Chuck Collins

Download or read book Economic Apartheid In America written by Chuck Collins and published by The New Press. This book was released on 2011-05-10 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated edition of the widely touted Economic Apartheid in America looks at the causes and manifestations of wealth disparities in the United States, including tax policy in light of the 2001 and 2003 tax cuts and recent corporate scandals. Published with two leading organizations dedicated to addressing economic inequality, the book looks at recent changes in income and wealth distribution and examines the economic policies and shifts in power that have fueled the growing divide. Praised by Sojurners as “a clear blueprint on how to combat growing inequality,” Economic Apartheid in America provides “much-needed groundwork for more democratic discussion and participation in economic life” (Tikkun). With “a wealth of eye-opening data” (The Beacon) focusing on the decline of organized labor and civic institutions, the battle over global trade, and the growing inequality of income and wages, it argues that most Americans are shut out of the discussion of the rules governing their economic lives. Accessible and engaging and illustrated throughout with charts, graphs, and political cartoons, the book lays out a comprehensive plan for action.

American Inequality

Author : Jeffrey G. Williamson
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.

Equal Is Unfair

Author : Don Watkins
Publisher : Macmillan + ORM
ISBN 13 : 1250084458
Total Pages : 271 pages
Book Rating : 4.2/5 (5 download)

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Book Synopsis Equal Is Unfair by : Don Watkins

Download or read book Equal Is Unfair written by Don Watkins and published by Macmillan + ORM. This book was released on 2016-03-29 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: We’ve all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality—but an all-out war on success? In Equal is Unfair, a timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover: • why successful CEOs make so much money—and deserve to • how the minimum wage hurts the very people it claims to help • why middle-class stagnation is a myth • how the little-known history of Sweden reveals the dangers of forced equality • the disturbing philosophy behind Obama’s economic agenda. The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.

Two Nations, Indivisible

Author : Jamie L. Bronstein
Publisher : Bloomsbury Publishing USA
ISBN 13 :
Total Pages : 305 pages
Book Rating : 4.2/5 (161 download)

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Book Synopsis Two Nations, Indivisible by : Jamie L. Bronstein

Download or read book Two Nations, Indivisible written by Jamie L. Bronstein and published by Bloomsbury Publishing USA. This book was released on 2016-10-17 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: While examining the arguments made in favor of egalitarianism, this book debunks the notion that the United States is now or has ever been a nation offering equal opportunity to all. In the Declaration of Independence, Jefferson famously asserted that "all men are created equal." Likewise, social mobility—the idea that any child can grow up to be president—has been key to the myth of what makes America great. Yet the hard truth is that inequality of both opportunity and resulting condition has been a defining feature of America's story. Written by a comparative labor historian, this book combines economic and social history with intellectual history to reveal the major trends of inequality that have been evident in America from Revolutionary times through the present. The book opens with an introduction to the burgeoning issue of inequality in America. The following chronological chapters describe how inequality was manifest in various periods. Each chapter not only provides a full survey of the secondary literature related to the topic of inequality in the particular time period but also examines prescriptions from thinkers who espoused equality, including Thomas Paine, Thomas Skidmore, Henry George, Jane Addams, Upton Sinclair, and Harry Caudill. By assessing these and other arguments relevant to social change, the work helps readers understand the cases made for and against equality of opportunity and condition throughout U.S. history.

Freedom From the Market

Author : Mike Konczal
Publisher : The New Press
ISBN 13 : 1620975386
Total Pages : 258 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis Freedom From the Market by : Mike Konczal

Download or read book Freedom From the Market written by Mike Konczal and published by The New Press. This book was released on 2021-02-02 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The progressive economics writer redefines the national conversation about American freedom “Mike Konczal [is] one of our most powerful advocates of financial reform‚ [a] heroic critic of austerity‚ and a huge resource for progressives.”—Paul Krugman Health insurance, student loan debt, retirement security, child care, work-life balance, access to home ownership—these are the issues driving America’s current political debates. And they are all linked, as this brilliant and timely book reveals, by a single question: should we allow the free market to determine our lives? In the tradition of Naomi Klein’s The Shock Doctrine, noted economic commentator Mike Konczal answers this question with a resounding no. Freedom from the Market blends passionate political argument and a bold new take on American history to reveal that, from the earliest days of the republic, Americans have defined freedom as what we keep free from the control of the market. With chapters on the history of the Homestead Act and land ownership, the eight-hour work day and free time, social insurance and Social Security, World War II day cares, Medicare and desegregation, free public colleges, intellectual property, and the public corporation, Konczal shows how citizens have fought to ensure that everyone has access to the conditions that make us free. At a time when millions of Americans—and more and more politicians—are questioning the unregulated free market, Freedom from the Market offers a new narrative, and new intellectual ammunition, for the fight that lies ahead.

Plutocracy in America

Author : Ronald P. Formisano
Publisher : JHU Press
ISBN 13 : 1421417413
Total Pages : 268 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Plutocracy in America by : Ronald P. Formisano

Download or read book Plutocracy in America written by Ronald P. Formisano and published by JHU Press. This book was released on 2015-09-15 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hard-hitting analysis of how the disparity between wealth and poverty undermines the common good. The growing gap between the most affluent Americans and the rest of society is changing the country into one defined—more than almost any other developed nation—by exceptional inequality of income, wealth, and opportunity. This book reveals that an infrastructure of inequality, both open and hidden, obstructs the great majority in pursuing happiness, living healthy lives, and exercising basic rights. A government dominated by finance, corporate interests, and the wealthy has undermined democracy, stunted social mobility, and changed the character of the nation. In this tough-minded dissection of the gulf between the super-rich and the working and middle classes, Ronald P. Formisano explores how the dramatic rise of income inequality over the past four decades has transformed America from a land of democratic promise into one of diminished opportunity. Since the 1970s, government policies have contributed to the flow of wealth to the top income strata. The United States now is more a plutocracy than a democracy. Formisano surveys the widening circle of inequality’s effects, the exploitation of the poor and the middle class, and the new ways that predators take money out of Americans’ pockets while passive federal and state governments stand by. This data-driven book offers insight into the fallacy of widespread opportunity, the fate of the middle class, and the mechanisms that perpetuate income disparity.

Changes in Population, Inequality and Human Capital Formation in the Americas in the Nineteenth and Twentieth Centuries

Author : Enriqueta Camps-Cura
Publisher : Springer
ISBN 13 : 303021351X
Total Pages : 159 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Changes in Population, Inequality and Human Capital Formation in the Americas in the Nineteenth and Twentieth Centuries by : Enriqueta Camps-Cura

Download or read book Changes in Population, Inequality and Human Capital Formation in the Americas in the Nineteenth and Twentieth Centuries written by Enriqueta Camps-Cura and published by Springer. This book was released on 2019-06-26 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of inequality and its causes are of crucial importance to all scholars working in the social sciences. By focusing on the divergent development of North America and Latin America in the nineteenth and twentieth centuries, Camps-Cura offers a comparative perspective of the relationship between human capital expansion and inequality in the long run. The book also explores the variables of education and inequality on children, work and gender.