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Books > Social sciences > Sociology, social studies > Social issues
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Stemming Middle-Class Decline - The Challenges to Economic Development Planning (Hardcover)
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Stemming Middle-Class Decline - The Challenges to Economic Development Planning (Hardcover)
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Are Americans as well-off as they used to be? The answer affects
everything from product markets and housing sales to social
tranquility and presidential (and local) elections. This volume
examines what is happening to the American middle class. In a
detailed and comprehensive analysis, Nancey Green Leigh tracks
changes in the pattern of income distribution over a twenty-year
period. While earnings have increased, there is a widening gap
between what middle-level earnings can purchase and the cost of a
middle standard of living.Due to the fact that this decline has not
been experienced equally in all regions, separate analyses are
reported for urban and rural locations, major census regions, and
the largest states. To identify which workers have been most
affected, Leigh compares earning trends by race, gender,
educational level, industry of employment, part- or full-time
status, and fringe benefit recipiency. Rejecting short-term and
demographic explanations, Leigh links the decline of the middle
class to economic change and industrial restructuring.Leigh
concludes her work by examining planning and policy prescriptions
to improve the prospects of members - and aspiring members - of the
middle economic class. She documents the decreasing ability of
middle-level earners to purchase a middle standard of living and
attributes the decline in part to failures in planning. Failures of
planning, she observes, have contributed to the growing divergence
between middle-level earnings and the middle standard of living.
Stemming Middle-Class Declineprovides comprehensive data and trends
on workers, communities, regions, and the nation that all
policymakers and government officials should read and examine with
care.
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