Books > Business & Economics > Economics > Macroeconomics
|
Not currently available
The Vanishing Middle Class - Prejudice and Power in a Dual Economy (Hardcover)
Loot Price: R218
Discovery Miles 2 180
You Save: R55
(20%)
|
|
The Vanishing Middle Class - Prejudice and Power in a Dual Economy (Hardcover)
Series: The Mit Press
(sign in to rate)
List price R273
Loot Price R218
Discovery Miles 2 180
You Save R55 (20%)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
|
Why the United States has developed an economy divided between rich
and poor and how racism helped bring this about. The United States
is becoming a nation of rich and poor, with few families in the
middle. In this book, MIT economist Peter Temin offers an
illuminating way to look at the vanishing middle class. Temin
argues that American history and politics, particularly slavery and
its aftermath, play an important part in the widening gap between
rich and poor. Temin employs a well-known, simple model of a dual
economy to examine the dynamics of the rich/poor divide in America,
and outlines ways to work toward greater equality so that America
will no longer have one economy for the rich and one for the poor.
Many poorer Americans live in conditions resembling those of a
developing country-substandard education, dilapidated housing, and
few stable employment opportunities. And although almost half of
black Americans are poor, most poor people are not black.
Conservative white politicians still appeal to the racism of poor
white voters to get support for policies that harm low-income
people as a whole, casting recipients of social programs as the
Other-black, Latino, not like "us." Politicians also use mass
incarceration as a tool to keep black and Latino Americans from
participating fully in society. Money goes to a vast entrenched
prison system rather than to education. In the dual justice system,
the rich pay fines and the poor go to jail.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.