The Vanishing Middle Class

The Vanishing Middle Class
Title The Vanishing Middle Class PDF eBook
Author Peter Temin
Publisher MIT Press
Total Pages 254
Release 2017-03-17
Genre Business & Economics
ISBN 0262036169

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

Negotiating Opportunities

Negotiating Opportunities
Title Negotiating Opportunities PDF eBook
Author Jessica McCrory Calarco
Publisher Oxford University Press
Total Pages 273
Release 2018
Genre Social Science
ISBN 019063443X

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Coached for the classroom -- Inconsistent curriculum -- Seeking assistance -- Seeking accommodations -- Seeking attention -- Responses and ramifications -- Alternative explanations

Cradle of the Middle Class

Cradle of the Middle Class
Title Cradle of the Middle Class PDF eBook
Author Mary P. Ryan
Publisher Cambridge University Press
Total Pages 334
Release 1981
Genre History
ISBN 9780521274036

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Winner of the 1981 Bancroft Prize. Focusing primarily on the middle class, this study delineates the social, intellectual and psychological transformation of the American family from 1780-1865. Examines the emergence of the privatized middle-class family with its sharp division of male and female roles.

A New Contract with the Middle Class

A New Contract with the Middle Class
Title A New Contract with the Middle Class PDF eBook
Author Richard V. Reeves
Publisher Brookings Institution Press
Total Pages 51
Release 2020-10-06
Genre Business & Economics
ISBN 0815739133

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

Under Pressure: The Squeezed Middle Class

Under Pressure: The Squeezed Middle Class
Title Under Pressure: The Squeezed Middle Class PDF eBook
Author OECD
Publisher OECD Publishing
Total Pages 173
Release 2019-05-01
Genre
ISBN 926415034X

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Middle-class households feel left behind and have questioned the benefits of economic globalisation.

The Autocratic Middle Class

The Autocratic Middle Class
Title The Autocratic Middle Class PDF eBook
Author Bryn Rosenfeld
Publisher Princeton University Press
Total Pages 290
Release 2020-12
Genre Business & Economics
ISBN 0691192197

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"The conventional wisdom is that a growing middle class will give rise to democracy. Yet the middle classes of the developing world have grown at a remarkable pace over the past two decades, and much of this growth has taken place in countries that remain nondemocratic. Rosenfeld explains this phenomenon by showing how modern autocracies secure support from key middle-class constituencies. Drawing on original surveys, interviews, archival documents, and secondary sources collected from nine months in the field, she compares the experiences of recent post-communist countries, including Russia, the Ukraine, and Kazakhstan, to show that under autocracy, state efforts weaken support for democracy, especially among the middle class. When autocratic states engage extensively in their economies - by offering state employment, offering perks to those to those who are loyal, and threatening dismissal to those who are disloyal - the middle classes become dependent on the state for economic opportunities and career advancement, and, ultimately, do not support a shift toward democratization. Her argument explains why popular support for Ukraine's Orange Revolution unraveled or why Russians did not protest evidence of massive electoral fraud. The author's research questions the assumption that a rising share of educated, white-collar workers always makes the conditions for democracy more favorable, and why dependence on the state has such pernicious consequences for democratization"--

The Fragile Middle Class

The Fragile Middle Class
Title The Fragile Middle Class PDF eBook
Author Teresa A. Sullivan
Publisher Yale University Press
Total Pages 405
Release 2020-02-18
Genre Bankruptcy
ISBN 0300251890

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Why have so many middle-class Americans encountered so much financial trouble? In this classic analysis of hard-pressed families, the authors discover that financial stability for many middle-class Americans is all too fragile. The authors consider the changing cultural and economic factors that threaten financial security and what they imply for the future vitality of the middle class. A new preface examines the persistent and new threats that have emerged since the original publication. "[A] fascinating, alarming study. . . . [This] chilling diagnosis of middle-class affliction demonstrates that we all may be only a job loss, medical problem or credit card indulgence away from the downward spiral leading to bankruptcy."--Publishers Weekly "A well-designed and carefully executed study."--Andrew Greeley, University of Chicago "The Fragile Middle Class, a well-written work of social science that is about as gripping as the genre gets, forces us to reevaluate notions about consumerism."--American Prospect