The income share of the top one percent of the population in the
United States has increased from a little over nine percent of
national income in the 1970s to 22.46 percent in 2012 a 144 percent
increase. What is driving this astronomic growth in incomes for
some? Is it possibly the result of non-meritorious forces? If so,
how has this incredibly unequal development coexisted, and indeed
worsened, in a political system based on equality? In Economic
Inequality and Policy Control in the United States, Stelzner
tackles each of these questions, and, in order to further develop
understanding, Stelzner looks to the past and analyzes our
experience with income inequality and the orientation of laws and
institutions from the Gilded Age through the New and Fair Deal. He
concludes that we have the tools to tackle inequality at present
the same policies we used during the New and Fair Deal. However, in
order to make change durable, we have to eliminate the undemocratic
elements of our political system.
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