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The Impact of Economic Anxiety in Postindustrial America (Hardcover, New)
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The Impact of Economic Anxiety in Postindustrial America (Hardcover, New)
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Wiefek presents evidence of a link between individual-level
economic concerns and political opinion. Conceptualizing economic
anxiety by applying social psychological theory to the distinct
characteristics of the new American economy, she presents evidence
that this postindustrial economic anxiety shapes beliefs and policy
opinions, above and beyond ideology, partisanship, and income.
Journalists and political commentators have written extensively on
the political consequences of the strains created by the
transformation of the U.S. economy over the last thirty years. Yet,
the individual-level anxiety accompanying America's transition to a
postindustrial, globalized economy has not been explored in any
systematic way. In fact, what clear empirical evidence we do have
strongly suggests that citizens do not link their personal fortunes
to their political opinions. Wiefek argues that the way in which
political scientists normally go about looking for these
connections misses what citizens experience in their daily lives,
particularly their emotional reactions. The measures commonly used
by political scientists do not tap the specific features of
America's post-1973 economic transformation or the anxiety,
insecurity, and fear it engenders. Wiefek presents a
conceptualization of economic anxiety that draws upon
psychological, sociological, economic, and political science
theories and findings, and the distinct nature of the new economy.
Using data from a mail survey, she estimates the impact of economic
anxiety and presents strong evidence of its predictive power on
political opinion. She concludes with a discussion of the political
implications of these findings and argues that the progressive
political potential of shared anxieties will require reversing the
anti-government bias endemic to our current public dialogue.
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