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Item Details
Title: THE VANISHING MIDDLE CLASS
PREJUDICE AND POWER IN A DUAL ECONOMY
By: Peter Temin
Format: Hardback

List price: £7.99


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ISBN 10: 0262036169
ISBN 13: 9780262036160
Publisher: MIT PRESS LTD
Pub. date: 17 March, 2017
Series: The Vanishing Middle Class
Pages: 256
Synopsis: 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.
Illustrations: 7 figures
Publication: US
Imprint: MIT Press
Returns: Non-returnable
Some other items by this author:
DID MONETARY FORCES CAUSE THE GREAT DEPRESSION? (PB)
ELITES, MINORITIES AND ECONOMIC GROWTH (HB)
ENGINES OF ENTERPRISE (PB)
FALL OF THE BELL SYSTEM (HB)
INSIDE THE BUSINESS ENTERPRISE (PB)
KEYNES (HB)
KEYNES (PB)
LABOR SCARCITY AND THE PROBLEM OF AMERIC (PB)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850''S
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850''S (HB)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850''S (HB)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850''S (PB)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850'S
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850'S
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850'S (CLASSIC REPRINT)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850'S (HB)
LABOR SCARCITY AND THE PROBLEM OF AMERICAN INDUSTRIAL EFFICIENCY IN THE 1850'S - PRIMARY SOURCE EDITION
LESSONS FROM THE GREAT DEPRESSION (PB)
NEVER TOGETHER (HB)
PROMETHEUS SHACKLED (HB)
REASONABLE RX (HB)
TAKING YOUR MEDICINE
THE ECONOMIC CONSEQUENCES OF THE BANK WA (HB)
THE ECONOMIC CONSEQUENCES OF THE BANK WA (PB)
THE ECONOMIC CONSEQUENCES OF THE BANK WAR
THE ECONOMIC CONSEQUENCES OF THE BANK WAR
THE ECONOMIC CONSEQUENCES OF THE BANK WAR
THE EUROPEAN ECONOMY BETWEEN THE WARS (PB)
THE FALL OF THE BELL SYSTEM
THE FALL OF THE BELL SYSTEM (PB)
THE JACKSONIAN ECONOMY (PB)
THE LEADERLESS ECONOMY
THE LEADERLESS ECONOMY (HB)
THE ROMAN MARKET ECONOMY
THE ROMAN MARKET ECONOMY (HB)
THE ROMAN MARKET ECONOMY (PB)
THE WORLD ECONOMY BETWEEN THE WORLD WARS (HB)
VANISHING MIDDLE CLASS (PB)

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