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Capitalism Killed The Middle Class
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Book Synopsis Capitalism Killed the Middle Class by : Dan McCrory
Download or read book Capitalism Killed the Middle Class written by Dan McCrory and published by Xlibris Corporation. This book was released on 2019-03-08 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once upon a time, you could work for one company your whole adult life, you could make a decent living, and you could buy your piece of the American Dream. This book is part memoir and part political statement as it follows my thirty-seven-year career at the phone company that began in 1973, about the time economists say worker pay flatlined. The telecommunications industry was ripped apart, absorbed, and gobbled up by each other until, within a few years, Ma Bell had reassembled itself into the corporation that had stifled innovation for almost one hundred years and provided steady dividends and a secure family atmosphere for employees. Capitalism Killed the Middle Class also examines the present political and economic systems rigged against us, and it gazes into the future for a path to a more secure and prosperous quality of life for our children.
Book Synopsis The Crisis of the Middle Class by : Lewis Corey
Download or read book The Crisis of the Middle Class written by Lewis Corey and published by Columbia University Press. This book was released on 1992 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the book, Corey theorizes that the crisis confronting the middle class has as its underlying cause the economic paralysis that confronts the world and the inability of government to help master the means of production and distribution.
Book Synopsis Capitalism, Class Conflict and the New Middle Class (RLE Social Theory) by : Bob Carter
Download or read book Capitalism, Class Conflict and the New Middle Class (RLE Social Theory) written by Bob Carter and published by Routledge. This book was released on 2014-08-21 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-manual workers are fast becoming the largest occupational category in Western capitalist countries. This is the first book to present a detailed socialist analysis of this much discussed change in the class structure of contemporary capitalism. Focusing on the class position of managerial and supervisory workers, Robert Carter takes as his starting-point the inadequacy of both orthodox Marxist and Weberian models of class relations. Rather, he concurs with recent structuralist theorists of class who maintain that there exists between capital and labour in the process of producing a new middle class. He parts company from the work of these theorists, however, in his insistence that the organisation and consciousness of the new middle class have also to be examined because of the practical consequences these have on class relations. The book therefore examines the historical rise of the middle class, both in the private and the state sector, together with the tendency of the class to respond to its changing relations with capital and labour by unionising. It is sharply critical of the dominant models of the causes and nature of white-collar unionism – both industrial relations and Weberian ones – and indeed rejects these models in favour of a perspective which views the extent and nature of middle-class unionism within the dynamics of class relations.
Book Synopsis The Murder of the Middle Class by : Wayne Allyn Root
Download or read book The Murder of the Middle Class written by Wayne Allyn Root and published by Simon and Schuster. This book was released on 2014-07-14 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The great American middle class is dying—and not from natural causes. The Murder of the Middle Class exposes the crime and indicts the conspirators, from the Obama administration to their willing accomplices in big business, big media, and big unions—naming names and pointing out their misdeeds. Bestselling author Wayne Allyn Root doesn't just prove the crime and profile the suspects, he provides bold solutions to save American capitalism, the middle class, the GOP . . . and YOU! This middle class warrior gives you the game plan and the weapons to fight back.
Book Synopsis The Middle Class Burden by : William P. Kreml
Download or read book The Middle Class Burden written by William P. Kreml and published by . This book was released on 1979 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Deaths of Despair and the Future of Capitalism by : Anne Case
Download or read book Deaths of Despair and the Future of Capitalism written by Anne Case and published by Princeton University Press. This book was released on 2021-03-02 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.
Book Synopsis Murdered by Capitalism by : John Ross
Download or read book Murdered by Capitalism written by John Ross and published by Nation Books. This book was released on 2009-04-28 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: A San Francisco Chronicle Best Book of 2004 After spilling bourbon on Schnaubelt's grave, its pugnacious and very dead occupant becomes Ross's mentor, sidekick, and boozing companion through this epic telling of the hallucinatory, carnal, and ornery histories of the American Left and John Ross's own remarkable life. Schnaubelt navigates us through his seemingly boundless revolutionary battleground, uttering cries of subversion from within the grave while trying to remain out of earshot from the FBI snoop and local supermarket tycoon buried nearby. Ross's own story--hobo revolutionist, junkie, poet, and journalist is a contrapuntal to Schnaubelt's. Ross never takes himself too seriously, yet his most remarkable trait is the honesty with which he approaches life, even while trying to deconstruct his own faults, personal tragedies (including the death of his one-month-old son), and imperfections. His pursuit of revolutionary politics and poetics is the constant, often spent with his muse, Revolutionary Mexico. Ross concludes with a trip to Baghdad as a "human shield," before the Anglo-American invasion, ready to sacrifice his life as part of his perpetual struggle for justice. Award-winning writer John Ross's memoir is inspired from a tumbledown tombstone in California: The headstone reads: E. B. Schnaubelt 1855-1913, "Murdered by Capitalism."
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 2013-10-31 with total page 424 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.
Book Synopsis The Global Bourgeoisie by : Christof Dejung
Download or read book The Global Bourgeoisie written by Christof Dejung and published by Princeton University Press. This book was released on 2019-11-26 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay collection presents a global history of the middle class and its rise around the world during the age of empire. It compares middle-class formation in various regions, highlighting differences and similarities, and assesses the extent to which bourgeois growth was tied to the increasing exchange of ideas and goods and was a result of international connections and entanglements. Grouped by theme, the book shows how bourgeois values can shape the liberal world order.
Book Synopsis Capitalists Arise! by : Peter Georgescu
Download or read book Capitalists Arise! written by Peter Georgescu and published by . This book was released on 2017-05 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy. Marshaling deeply sobering statistics, Georgescu depicts the stark reality of America today: a nation with greater wealth inequality and lower social mobility than just about any other country in the developed world. But the problem isn't that free-market capitalism no longer works-it's that it's been hijacked by shareholder primacy. Where once our business leaders looked to the needs and interests of a variety of stakeholders-employees, community members, the business itself-now they're myopically focused on maximizing their shareholders' quarterly returns. Capitalists Arise! shows how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown. But Georgescu offers concrete actions that capitalists themselves can take to create a better future. The irony is that if businesses do this, shareholders will do even better. In the long run, businesses can thrive only when society is healthy and strong. This book is a manifesto calling on capitalists to heal the nation that has given them so much.
Book Synopsis How Crony Capitalism Crushed the Middle Class and Killed the Economy by : David Gerson
Download or read book How Crony Capitalism Crushed the Middle Class and Killed the Economy written by David Gerson and published by . This book was released on 2012-07 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a way never revealed before, this book exposes the economics of why the bottom 80% of Americans only own 7% of the financial wealth and receive only 39% of the income. Key Points Revealed: America has an Income Distribution Problem which manifests symptoms of an Aggregate Demand Problem. We must now think of America as having two private sectors; the Wealthy Minority and the Non-Wealthy Majority (who have significantly impaired balance sheets). The Non-Wealthy Majority are no longer able to deficit spend enough to make up for the desire of the increasingly Wealthy Minority to save. The Wealthy Minority include Americans, Foreigners and Corporations. Crony Capitalism, Bigger Government and Wealth Disparity comprise a self-reinforcing feedback loop. The Federal Reserve has allowed the Federal Government to be fiscally irresponsible through supportive monetary policies; allowing government to grow - reducing our productivity, global competitiveness and standard of living. There are no silver bullets. We must maximize our productivity to increase our standard of living by removing government distortions and become a net exporter.
Book Synopsis The Future of Capitalism by : Paul Collier
Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Book Synopsis The Riches of This Land by : Jim Tankersley
Download or read book The Riches of This Land written by Jim Tankersley and published by PublicAffairs. This book was released on 2020-08-11 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.
Book Synopsis The Working Class Majority by : Michael Zweig
Download or read book The Working Class Majority written by Michael Zweig and published by Cornell University Press. This book was released on 2000 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is not a middle class society. Michael Zweig shows that the majority of Americans are actually working class and argues that recognizing this fact is essential if that majority is to achieve political influence and social strength. "Class," Zweig writes, "is primarily a matter of power, not income." He goes beyond old formulations of class to explore ways in which class interacts with race and gender.Defining "working class" as those who have little control over the pace and content of their work and who do not supervise others, Zweig warns that by allowing this class to disappear into categories of middle class or consumers, we also allow those with the dominant power, capitalists, to vanish among the rich. Economic relations then appear as comparisons of income or lifestyle rather than as what they truly are contests of power, at work and in the larger society.Using personal interviews, solid research, and down-to-earth examples, Zweig looks at a number of important contemporary social problems: the growing inequality of income and wealth, welfare reform, globalization, the role of government, and the family values debate. He shows how, with class in mind, our understanding of these issues undergoes a radical shift.Believing that we must limit the power of capitalists to abuse workers, communities, and the environment, Zweig offers concrete ideas for the creation of a new working class politics in the United States."
Book Synopsis The Man Who Broke Capitalism by : David Gelles
Download or read book The Man Who Broke Capitalism written by David Gelles and published by Simon and Schuster. This book was released on 2022-05-31 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York Times Bestseller New York Times reporter and “Corner Office” columnist David Gelles reveals legendary GE CEO Jack Welch to be the root of all that’s wrong with capitalism today and offers advice on how we might right those wrongs. In 1981, Jack Welch took over General Electric and quickly rose to fame as the first celebrity CEO. He golfed with presidents, mingled with movie stars, and was idolized for growing GE into the most valuable company in the world. But Welch’s achievements didn’t stem from some greater intelligence or business prowess. Rather, they were the result of a sustained effort to push GE’s stock price ever higher, often at the expense of workers, consumers, and innovation. In this captivating, revelatory book, David Gelles argues that Welch single-handedly ushered in a new, cutthroat era of American capitalism that continues to this day. Gelles chronicles Welch’s campaign to vaporize hundreds of thousands of jobs in a bid to boost profits, eviscerating the country’s manufacturing base and destabilizing the middle class. Welch’s obsession with downsizing—he eliminated 10% of employees every year—fundamentally altered GE and inspired generations of imitators who have employed his strategies at other companies around the globe. In his day, Welch was corporate America’s leading proponent of mergers and acquisitions, using deals to gobble up competitors and giving rise to an economy that is more concentrated and less dynamic. And Welch pioneered the dark arts of “financialization,” transforming GE from an admired industrial manufacturer into what was effectively an unregulated bank. The finance business was hugely profitable in the short term and helped Welch keep GE’s stock price ticking up. But ultimately, financialization undermined GE and dozens of other Fortune 500 companies. Gelles shows how Welch’s celebrated emphasis on increasing shareholder value by any means necessary (layoffs, outsourcing, offshoring, acquisitions, and buybacks, to name but a few tactics) became the norm in American business generally. He demonstrates how that approach has led to the greatest socioeconomic inequality since the Great Depression and harmed many of the very companies that have embraced it. And he shows how a generation of Welch acolytes radically transformed companies like Boeing, Home Depot, Kraft Heinz, and more. Finally, Gelles chronicles the change that is now afoot in corporate America, highlighting companies and leaders who have abandoned Welchism and are proving that it is still possible to excel in the business world without destroying livelihoods, gutting communities, and spurning regulation.
Book Synopsis Middle Class Meltdown in America by : Kevin T Leicht
Download or read book Middle Class Meltdown in America written by Kevin T Leicht and published by Routledge. This book was released on 2013-12-17 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: In accessible prose for North American undergraduate students, this short text provides a sociological understanding of the causes and consequences of growing middle class inequality, with an abundance of supporting, empirical data. The book also addresses what we, as individuals and as a society, can do to put middle class Americans on a sounder footing.
Book Synopsis The Return of the Middle Class by : John Corbin
Download or read book The Return of the Middle Class written by John Corbin and published by New York : C. Scribner's, c1922, 1923 printing.. This book was released on 1922 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
