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Author: OECD
Publisher: OECD Publishing
ISBN: 926415034X
Category :
Languages : en
Pages : 173
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Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Author: OECD
Publisher: OECD Publishing
ISBN: 926415034X
Category :
Languages : en
Pages : 173
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Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Author: Sophia Parker
Publisher: Policy Press
ISBN: 144730893X
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
The issue of living standards is arguably the biggest challenge facing economists and politicians in the United States and the United Kingdom today. The product of a year-long fellowship at Harvard University's Kennedy School of Government, The Squeezed Middle brings together leading experts from both sides of the Atlantic to ask what the UK can learn from the US experience of stagnating wages and rising living costs. American workers have not benefited from growth for an entire generation: adjusting for inflation, the average American worker today earns as much as the average American worker did in 1975. During the last decade British workers have had a similar experience--they can no longer assume that when the economy grows their wages will grow with it. With contributions from a number of leading economic and policy thinkers, this collection analyzes the impact of different policies on those with low to middle incomes and explains what lessons the UK can learn from America's so-called lost generation. A timely and crucial book, it is essential reading for anyone concerned about the living standards crisis and will have great relevance to policy makers and researchers in the UK, United States, and beyond.
Author: Alissa Quart
Publisher: HarperCollins
ISBN: 0062412272
Category : Social Science
Languages : en
Pages : 326
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Book Description
One of TIME’s Best New Books to Read This Summer “Brilliant—a keen, elegantly written, and scorching account of the American family today. Through vivid stories, sharp analysis and wit, Quart anatomizes the middle class’s fall while also offering solutions and hope.” — Barbara Ehrenreich, author of Nickel and Dimed Families today are squeezed on every side—from high childcare costs and harsh employment policies to workplaces without paid family leave or even dependable and regular working hours. Many realize that attaining the standard of living their parents managed has become impossible. Alissa Quart, executive editor of the Economic Hardship Reporting Project, examines the lives of many middle-class Americans who can now barely afford to raise children. Through gripping firsthand storytelling, Quart shows how our country has failed its families. Her subjects—from professors to lawyers to caregivers to nurses—have been wrung out by a system that doesn’t support them, and enriches only a tiny elite. Interlacing her own experience with close-up reporting on families that are just getting by, Quart reveals parenthood itself to be financially overwhelming, except for the wealthiest. She offers real solutions to these problems, including outlining necessary policy shifts, as well as detailing the DIY tactics some families are already putting into motion, and argues for the cultural reevaluation of parenthood and caregiving. Writtenin the spirit of Barbara Ehrenreich and Jennifer Senior, Squeezed is an eye-opening page-turner. Powerfully argued, deeply reported, and ultimately hopeful, it casts a bright, clarifying light on families struggling to thrive in an economy that holds too few options. It will make readers think differently about their lives and those of their neighbors.
Author: Parker, Sophia
Publisher: Policy Press
ISBN: 1447308956
Category : Political Science
Languages : en
Pages : 183
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Book Description
As wages stagnate but living costs keep rising, the pressure on working people grows more intense. The issue of living standards has become one of the most urgent challenges for politicians in both Britain and America. 'The squeezed middle' brings together experts from both sides of the Atlantic to ask what the UK can learn from the US. American workers have not benefited from growth for an entire generation - the average American worker earned no more in 2009 than in 1975. Now British workers are undergoing a similar experience. No longer can they assume that when the economy grows their wages will grow with it. This collection brings together for the first time leading economic and policy thinkers to analyse the impact of different policies on those on low-to middle incomes and to explain what lessons the UK can learn from America's 'lost generation'. This timely book is essential reading for everyone concerned about the living standards crisis, an issue which could decide elections as well as shaping the future for millions of working families.
Author: Jared Bernstein
Publisher: Berrett-Koehler Publishers
ISBN: 1576755509
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
According to author Bernstein, economic experts all too often manipulate and distort the science at the heart of important issues. In "Crunch," he offers entertaining, informative, and direct answers to a set of compelling economic questions posed by ordinary people.
Author: Matthew Stewart
Publisher: Simon and Schuster
ISBN: 1982114207
Category : Social Science
Languages : en
Pages : 352
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Book Description
A “brilliant” (The Washington Post), “clear-eyed and incisive” (The New Republic) analysis of how the wealthiest group in American society is making life miserable for everyone—including themselves. In 21st-century America, the top 0.1% of the wealth distribution have walked away with the big prizes even while the bottom 90% have lost ground. What’s left of the American Dream has taken refuge in the 9.9% that lies just below the tip of extreme wealth. Collectively, the members of this group control more than half of the wealth in the country—and they are doing whatever it takes to hang on to their piece of the action in an increasingly unjust system. They log insane hours at the office and then turn their leisure time into an excuse for more career-building, even as they rely on an underpaid servant class to power their economic success and satisfy their personal needs. They have segregated themselves into zip codes designed to exclude as many people as possible. They have made fitness a national obsession even as swaths of the population lose healthcare and grow sicker. They have created an unprecedented demand for admission to elite schools and helped to fuel the dramatic cost of higher education. They channel their political energy into symbolic conflicts over identity in order to avoid acknowledging the economic roots of their privilege. And they have created an ethos of “merit” to justify their advantages. They are all around us. In fact, they are us—or what we are supposed to want to be. In this “captivating account” (Robert D. Putnam, author of Bowling Alone), Matthew Stewart argues that a new aristocracy is emerging in American society and it is repeating the mistakes of history. It is entrenching inequality, warping our culture, eroding democracy, and transforming an abundant economy into a source of misery. He calls for a regrounding of American culture and politics on a foundation closer to the original promise of America.
Author: Linn Posey-Maddox
Publisher: University of Chicago Press
ISBN: 022612035X
Category : Social Science
Languages : en
Pages : 217
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Book Description
In recent decades a growing number of middle-class parents have considered sending their children to—and often end up becoming active in—urban public schools. Their presence can bring long-needed material resources to such schools, but, as Linn Posey-Maddox shows in this study, it can also introduce new class and race tensions, and even exacerbate inequalities. Sensitively navigating the pros and cons of middle-class transformation, When Middle-Class Parents Choose Urban Schools asks whether it is possible for our urban public schools to have both financial security and equitable diversity. Drawing on in-depth research at an urban elementary school, Posey-Maddox examines parents’ efforts to support the school through their outreach, marketing, and volunteerism. She shows that when middle-class parents engage in urban school communities, they can bring a host of positive benefits, including new educational opportunities and greater diversity. But their involvement can also unintentionally marginalize less-affluent parents and diminish low-income students’ access to the improving schools. In response, Posey-Maddox argues that school reform efforts, which usually equate improvement with rising test scores and increased enrollment, need to have more equity-focused policies in place to ensure that low-income families also benefit from—and participate in—school change.
Author: Lawrence R Samuel
Publisher: Routledge
ISBN: 1134624751
Category : History
Languages : en
Pages : 216
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Book Description
The middle class is often viewed as the heart of American society, the key to the country’s democracy and prosperity. Most Americans believe they belong to this group, and few politicians can hope to be elected without promising to serve the middle class. Yet today the American middle class is increasingly seen as under threat. In The American Middle Class: A Cultural History, Lawrence R. Samuel charts the rise and fall of this most definitive American population, from its triumphant emergence in the post-World War II years to the struggles of the present day. Between the 1920s and the 1950s, powerful economic, social, and political factors worked together in the U.S. to forge what many historians consider to be the first genuine mass middle class in history. But from the cultural convulsions of the 1960s, to the 'stagflation' of the 1970s, to Reaganomics in the 1980s, this segment of the population has been under severe stress. Drawing on a rich array of voices from the past half-century, The American Middle Class explores how the middle class, and ideas about it, have changed over time, including the distinct story of the black middle class. Placing the current crisis of the middle class in historical perspective, Samuel shows how the roots of middle-class troubles reach back to the cultural upheaval of the 1960s. The American Middle Class takes a long look at how the middle class has been winnowed away and reveals how, even in the face of this erosion, the image of the enduring middle class remains the heart and soul of the United States.
Author: Nan Mooney
Publisher: Beacon Press
ISBN: 9780807011386
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Drawing on more than a hundred interviews with people all across America,(Not) Keeping Up with Our Parentsexplores how stagnant wages, debt, and escalating costs for tuition, health care, and home ownership are jeopardizing the finances and futures of today's educated middle class. Despite this sobering reality, Nan Mooney offers concrete ideas on how we can arrest this downward spiral.
Author: Jeffrey M. Chwieroth
Publisher: Cambridge University Press
ISBN: 1107153743
Category : Business & Economics
Languages : en
Pages : 597
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Book Description
Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.
