the great divergence america s growing inequality crisis and what we can do about it

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The Great Divergence

Author : Timothy Noah
ISBN : 9781608196340
Genre : Business & Economics
File Size : 84. 53 MB
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For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly unequal. This steady growing apart is often mentioned as a troubling indicator by scholars and policy analysts, though seldom addressed by politicians. What economics Nobelist Paul Krugman terms "the Great Divergence" has till now been treated as little more than a talking point, a rhetorical club to be wielded in ideological battles. But this Great Divergence may be the most important change in this country during our lifetimes-a drastic, elemental change in the character of American society, and not at all for the better. The inequality gap is much more than a left-right hot potato-its causes and consequences call for a patient, non-partisan exploration. Timothy Noah's The Great Divergence, based on his award-winning series of articles for Slate, surveys the roots of the wealth gap, drawing on the best thinking of contemporary economists and political scientists. Noah also explores potential solutions to the problem, and explores why the growing rich-poor divide has sparked remarkably little public anger, in contrast to social unrest that prevailed before the New Deal. The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about the shape of American society in the 21st century, and a work that will help frame the debate in a Presidential election year.

Broken Bonds

Author : Mitch Pearlstein
ISBN : 9781442236646
Genre : Political Science
File Size : 28. 5 MB
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In Broken Bonds, Mitch Pearlstein explores the declining state of the American family and what its disintegration means for our future. Based on candid interviews with over 30 leading family experts across the political spectrum, Pearlstein ruminates on the political, social, and spiritual fallout of this trend. In honest and frank conversations, Pearlstein and his interviewees fearlessly diagnose the problems that many have been too timid to explore and suggest ways to reverse these trends that threaten our social fabric.

The Ceo Pay Machine

Author : Steven Clifford
ISBN : 9780735212404
Genre : Business & Economics
File Size : 89. 99 MB
Format : PDF
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The former top CEO examines the scandalous and corrupt reasons behind obscene pay packages for corporate executives—and explains how this hurts all of us--and how we can stop it. Today, the pay gap between chief executive officers of major U.S. firms and their workers is higher than ever before—depending on the method of calculation, CEOs get paid between 300 and 700 times more than the average worker. Such outsized pay is a relatively recent phenomenon, but despite all the outrage, few detractors truly understand the numerous factors that have contributed to the dizzying upward spiral in CEO compensation. Steven Clifford, a former CEO who has also served on many corporate boards, has a name for these procedures and practices— "The CEO Pay Machine." The CEO Pay Machine is Clifford's thorough and shocking explanation of the 'machine'--how it works, how its parts interact, and how every step pushes CEO pay to higher levels. As Clifford sees it, the payment structure for CEOs begins with shared delusions that reinforce one other: Once this groupthink is accepted as corporate dogma, it becomes infinitely harder to see any decision as potentially irrational or dysfunctional. Yet, as Clifford notes, the Pay Machine has caused immeasurable harm to companies, shareholders, economic growth, and democracy itself. He uses real-life examples of the top four CEOs named the highest paid in 2011 through 2014. Clifford examines how board directors and compensation committees have directly contributed to the rising salaries and bonuses of the country's richest executives; what's more, Clifford argues, each of those companies could have paid their CEOs 90 percent less and performed just as well. Witty and infuriating, The CEO Pay Machine is a thorough and incisive critique of an economic issue that affects all American workers. From the Hardcover edition.

The Free Market And The Human Condition

Author : Lee Trepanier
ISBN : 9780739194751
Genre : Political Science
File Size : 80. 76 MB
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The Free Market and the Human Condition explores the human condition as situated in the free market from a variety of academic disciplines. By relying upon contributors who approach the topic from their respective disciplines, the book provides an accumulated picture of the free market, the human condition, and the relationship between them.

Shattered Consensus

Author : James Piereson
ISBN : 9781594038969
Genre : History
File Size : 41. 66 MB
Format : PDF
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The United States has been shaped by three sweeping political revolutions: Jefferson’s “revolution of 1800,” the Civil War, and the New Deal. Each of these upheavals concluded with lasting institutional and cultural adjustments that set the stage for a new phase of political and economic development. Are we on the verge of another upheaval, a “fourth revolution” that will reshape U.S. politics for decades to come? There are signs to suggest that we are. James Piereson describes the inevitable political turmoil that will overtake the United States in the next decade as a consequence of economic stagnation, the unsustainable growth of government, and the exhaustion of postwar arrangements that formerly underpinned American prosperity and power. The challenges of public debt, the retirement of the “baby boom” generation, and slow economic growth have reached a point where they require profound changes in the role of government in American life. At the same time, the widening gulf between the two political parties and the entrenched power of interest groups will make it difficult to negotiate the changes needed to renew the system. Shattered Consensus places this impending upheaval in historical context, reminding readers that Americans have faced and overcome similar trials in the past, in relatively brief but intense periods of political conflict. While others claim that the United States is in decline, Piereson argues that Americans will rise to the challenge of forming a new governing coalition that can guide the nation on a path of dynamism and prosperity.

The New Class Society

Author : Earl Wysong, Indiana University Kokomo
ISBN : 9781442205291
Genre : Social Science
File Size : 25. 66 MB
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The New Class Society introduces students to the sociology of class structure and inequality. The fourth edition demonstrates how and why class differences in the United States have become more entrenched than ever. Revised and reorganized, this edition features a new introduction and shorter chapters that cover a wider range of topics—from the Great Recession to how electronic media shape our perceptions of class.

Great Potential

Author : Steve Moya
ISBN : 9781481732642
Genre : Social Science
File Size : 54. 21 MB
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Many Americans are wondering (and maybe worrying) about the impact of the growing Latino population. That’s not surprising: in 1970 there were only 9 million Latinos (4.5% of the nation’s population) but today they’re fifty million strong—and by 2050, that number is projected to grow to ninety-five million. So maybe it’s time to reflect on this important trend, not by isolating Latinos but by considering their role within the larger national context. Much of the nation’s attention has centered on immigration or more specifically, illegal immigration. That’s unfortunate because there is a much greater story here. The more interesting issues are who is going to pay for Medicare, Social Security and other costs of an aging society, and how as a nation do we continually replenish the workforce with people who have the necessary skills to compete in an increasingly competitive world. For the United States, part of the answer is its Latino population, the nation’s youngest and fastest-growing minority, which has shown a strong work ethic and the desire to move up the socioeconomic ladder like previous populations. For Latinos, the challenge is this: how to enhance their education levels and skills in order to be relevant in the information economy and meet the needs of the modern workplace at a time when federal, state, and local budgets are strained, if not declining. This book explains why an aging America needs Latinos. While it looks in-depth at the economic forces we’re facing, it focuses on strategies Latino families and communities throughout the nation can adopt to build a better future for themselves and the nation.

Divided

Author : Barack Obama
ISBN : 9781595589446
Genre : Social Science
File Size : 28. 35 MB
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Essays on the dangers of the wealth and income gap, collected by the New York Times–bestselling author of It’s Even Worse Than You Think. This collection includes writings by a wide range of voices—including Adam Smith, Elizabeth Warren, Barbara Ehrenreich, Joseph E. Stiglitz, Studs Terkel, Paul Krugman, Barack Obama, and David Cay Johnston—illuminating the reality of economic inequality in America, where in spite of the fury that followed the 2008 financial crisis, little has to been done to address the gulf between the one percent and the ninety-nine percent. Pulitzer Prize–winning journalist David Cay Johnston explains that in this most unequal of developed nations, every aspect of inequality remains hotly contested and poorly understood. These writings, from leading scholars, journalists, and activists, offers a multifaceted look at the problem, exploring its devastating—and dangerous—implications in areas as diverse as education, justice, health care, social mobility, and political representation. Provocative and eminently readable, here is an essential resource for anyone who cares about the future of America—and compelling evidence that inequality can be ignored only at the nation’s peril.

The Death Of Money

Author : James Rickards
ISBN : 9781101637241
Genre : Business & Economics
File Size : 25. 89 MB
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The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar. The U.S. dollar has been the global reserve currency since the end of World War II. If the dollar fails, the entire international monetary system will fail with it. But optimists have always said, in essence, that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. In the last few years, however, the risks have become too big to ignore. While Washington is gridlocked, our biggest rivals—China, Russia, and the oil-producing nations of the Middle East—are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards, the acclaimed author of Currency Wars, shows why money itself is now at risk and what we can all do to protect ourselves. He explains the power of converting unreliable investments into real wealth: gold, land, fine art, and other long-term stores of value.

The Metropolitan Revolution

Author : Bruce Katz
ISBN : 9780815721529
Genre : Business & Economics
File Size : 31. 69 MB
Format : PDF, ePub, Docs
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Across the US, cities and metropolitan areas are facing huge economic and competitive challenges that Washington won't, or can't, solve. The good news is that networks of metropolitan leaders – mayors, business and labor leaders, educators, and philanthropists – are stepping up and powering the nation forward. These state and local leaders are doing the hard work to grow more jobs and make their communities more prosperous, and they're investing in infrastructure, making manufacturing a priority, and equipping workers with the skills they need. In The Metropolitan Revolution, Bruce Katz and Jennifer Bradley highlight success stories and the people behind them. · New York City: Efforts are under way to diversify the city's vast economy · Portland: Is selling the "sustainability" solutions it has perfected to other cities around the world · Northeast Ohio: Groups are using industrial-age skills to invent new twenty-first-century materials, tools, and processes · Houston: Modern settlement house helps immigrants climb the employment ladder · Miami: Innovators are forging strong ties with Brazil and other nations · Denver and Los Angeles: Leaders are breaking political barriers and building world-class metropolises · Boston and Detroit: Innovation districts are hatching ideas to power these economies for the next century The lessons in this book can help other cities meet their challenges. Change is happening, and every community in the country can benefit. Change happens where we live, and if leaders won't do it, citizens should demand it. The Metropolitan Revolution was the 2013 Foreword Reviews Bronze winner for Political Science.

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