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Social Inequality, Economic Decline, and Plutocracy

Author : Dale L. Johnson
Publisher : Springer
Page : 275 pages
File Size : 17,99 MB
Release : 2017-02-14
Category : Political Science
ISBN : 3319490435

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This book aims to further an understanding of present day America by exploring counter-hegemony to the rule of capital and offering guidelines for strategizing change proceeding from the dialectic of What Is and What Ought to Be. The author analyzes neoliberal global order and its political expressions through discussions of the dominance of finance capital in the late twentieth century, the triumph of ideology, the closing of avenues to reform, the problem of the captive state, and a sociological analysis of rule by “divide and conquer.” The book concludes with a look at the history of movement politics in culture, arts, economics, and politics. It resounds with a hope that challenges to hegemony can use many paths to change, of which the electoral path is but one of many fronts, in the long-term struggle for radical reform.

Plutocracy in America

Author : Ronald P. Formisano
Publisher : JHU Press
Page : 268 pages
File Size : 10,74 MB
Release : 2015-09-15
Category : Business & Economics
ISBN : 1421417405

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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.

The Poor and the Plutocrats

Author : Francis Teal
Publisher : Oxford University Press, USA
Page : 255 pages
File Size : 22,34 MB
Release : 2021-03-24
Category : Business & Economics
ISBN : 0198870140

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The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist.

Plutocrats

Author : Chrystia Freeland
Publisher : Penguin
Page : 352 pages
File Size : 17,35 MB
Release : 2012-10-11
Category : Business & Economics
ISBN : 1101595949

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A Financial Times Best Book of the Year Shortlisted for the Lionel Gelber Prize There has always been some gap between rich and poor in this country, but recently what it means to be rich has changed dramatically. Forget the 1 percent—Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at breakneck speed. Most of these new fortunes are not inherited, amassed instead by perceptive businesspeople who see themselves as deserving victors in a cutthroat international competition. With empathy and intelligence, Plutocrats reveals the consequences of concentrating the world’s wealth into fewer and fewer hands. Propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour de force of social and economic history, the definitive examination of inequality in our time.

Inequality in an Age of Decline

Author : Paul Blumberg
Publisher : New York : Oxford University Press
Page : 336 pages
File Size : 33,12 MB
Release : 1980
Category : Business & Economics
ISBN :

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Discusses the causes and social consequences of our national economic decline as the social dream of perpetual upward mobility is abandoned, and Americans enter an age of declining opportunity and supremacy.

The Crisis of the Middle-Class Constitution

Author : Ganesh Sitaraman
Publisher : Knopf
Page : 433 pages
File Size : 24,25 MB
Release : 2017
Category : Business & Economics
ISBN : 0451493915

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"Argues that America's strong and sizable middle class is actually embedded in the framework of the nation's government and its founding document and discusses the necessity of taking equality-establishing measures, "--NoveList.

America's Inequality Trap

Author : Nathan J. Kelly
Publisher : University of Chicago Press
Page : 215 pages
File Size : 14,25 MB
Release : 2020-02-11
Category : Political Science
ISBN : 022666564X

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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.

Capital in the Twenty-First Century

Author : Thomas Piketty
Publisher : Harvard University Press
Page : 817 pages
File Size : 13,65 MB
Release : 2017-08-14
Category : Business & Economics
ISBN : 0674979850

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What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Is Inequality in America Irreversible?

Author : Chuck Collins
Publisher : Polity
Page : 0 pages
File Size : 47,59 MB
Release : 2018-05-29
Category : Political Science
ISBN : 9781509522507

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We are living in a time of extreme inequality: America’s three richest people now own as much wealth as the bottom half of the population. Although most accept that this is grotesque, many politicians accept it as irreversible. In this book, leading US researcher and activist Chuck Collins succinctly diagnoses the drivers of rampant inequality, arguing that such disparities have their roots in 40 years of the powerful rigging the system in their favor. He proposes a far-reaching policy agenda, analyzes the barriers to progress, and shows how transformative local campaigns can become a national movement for change. This book is a powerful analysis of how the plutocracy sold us a toxic lie, and what we can do to reverse inequality.

The Rich Don't Always Win

Author : Sam Pizzigati
Publisher : Seven Stories Press
Page : 389 pages
File Size : 22,51 MB
Release : 2012-11-27
Category : Political Science
ISBN : 160980435X

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The Occupy Wall Street protests have captured America's political imagination. Polls show that two-thirds of the nation now believe that America's enormous wealth ought to be "distributed more evenly." However, almost as many Americans--well over half--feel the protests will ultimately have "little impact" on inequality in America. What explains this disconnect? Most Americans have resigned themselves to believing that the rich simply always get their way. Except they don't. A century ago, the United States hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen. Americans today ought to be taking no small inspiration from this stunning change. After all, if our forbears successfully beat back grand fortune, why can't we? But this transformation is inspiring virtually no one. Why? Because the story behind it has remained almost totally unknown, until now. This lively popular history will speak directly to the political hopelessness so many Americans feel. By tracing how average Americans took down plutocracy over the first half of the 20th Century--and how plutocracy came back-- The Rich Don't Always Win will outfit Occupy Wall Street America with a deeper understanding of what we need to do to get the United States back on track to the American dream.