Rethinking Poverty: Income, Assets, and the Catholic Social Justice Tradition

Paperback (Print)
Buy New
Buy New from BN.com
$26.46
Used and New from Other Sellers
Used and New from Other Sellers
from $8.78
Usually ships in 1-2 business days
(Save 70%)
Other sellers (Paperback)
  • All (8) from $8.78   
  • New (4) from $24.99   
  • Used (4) from $8.78   

Overview

In Rethinking Poverty, James P. Bailey argues that most contemporary policies aimed at reducing poverty in the United States are flawed because they focus solely on insufficient income. Bailey argues that traditional policies such as minimum wage laws, food stamps, housing subsidies, earned income tax credits, and other forms of cash and non-cash income supports need to be complemented by efforts that enable the poor to save and accumulate assets. Drawing on Michael Sherraden's work on asset building and scholarship by Melvin Oliver, Thomas Shapiro, and Dalton Conley on asset discrimination, Bailey presents us with a novel and promising way forward to combat persistent and morally unacceptable poverty in the United States and around the world.

Rethinking Poverty makes use of a significant body of Catholic social teachings in its argument for an asset development strategy to reduce poverty. These Catholic teachings include, among others, principles of human dignity, the social nature of the person, the common good, and the preferential option for the poor. These principles and the related social analyses have not yet been brought to bear on the idea of asset-building for the poor by those working within the Catholic social justice tradition. This book redresses this shortcoming, and further, claims that a Catholic moral argument for asset-building for the poor can be complemented and enriched by Martha Nussbaum's "capabilities approach." This book will affect current debates and practical ways to reduce poverty, as well as the future direction of Catholic social teaching.

"This book supplies the connections between prophetic but general calls for economic justice and participation, and the concrete policies and practices necessary to advance those ideals as reality. Bailey directly critiques discriminatory economic institutions in the U.S. but also implicitly critiques prior Catholic voices that have fallen far short of inspiring effective reform because they do not identify and attack underlying assumptions behind the 'personal responsibility' models of prosperity." --Lisa Sowle Cahill, Boston College

"Bailey combines his deep understanding of the Catholic social justice tradition, his firm grasp of contemporary moral philosophy, and his perceptive analysis of U.S. poverty debates and policies to forge something new and exciting for each. Bailey's most significant contribution is his compelling case for the Church to establish, or reestablish, asset and property ownership at the heart of its mission to reduce poverty, enhance human dignity, and achieve a more just society." --Ray Boshara, Vice President and Senior Research Fellow, New America Foundation

"Poverty may be with us always; but seldom do we have such a wise and timely book. Drawing upon Catholic social teaching and Martha Nussbaum's capability theory, Bailey underscores the role of asset formation in understanding and alleviating poverty. Erudite, but never arid, Rethinking Poverty is indispensable reading for students and scholars who would make the 'option for the poor' their own today." --William O'Neill, S. J., Jesuit School of Theology of Santa Clara University 

Read More Show Less

Product Details

  • ISBN-13: 9780268022235
  • Publisher: University of Notre Dame Press
  • Publication date: 10/15/2010
  • Series: Catholic Social Tradition Series
  • Edition description: 1st Edition
  • Pages: 192
  • Sales rank: 970,050
  • Product dimensions: 5.90 (w) x 8.60 (h) x 0.50 (d)

Meet the Author

James P. Bailey  is associate professor of theology at Duquesne University.

Read More Show Less

Table of Contents

Acknowledgments

Introduction 1

One Why Asset Building for the Poor? 5

The Income Paradigm 7

The Welfare Reform Debate of 1996: An Income-Paradigm Debate 9

The Asset Paradigm 12

The Role of Current Policy: Exacerbating Wealth Inequality 18

Two Assets, the Poor, and Catholic Social Teaching 25

Asset Building for the Poor and Catholic Social Thought 26

Property and Ownership in Catholic Social Teaching 27

Contributions of Catholic Social Thought to Asset-Building Policy 43

Contributions of Asset-Building Research to Catholic Social Thought 54

Three Assets and Human Capabilities 61

Globalization and the Need for a Cross-Cultural Ethic 64

Capabilities and Assets 74

Four Asset Discrimination 85

Asset Discrimination in U.S. History 87

The Stubborn Persistence of Asset Discrimination 98

The Cost of Asset Denial 100

Conclusion 102

Five Toward Inclusive Ownership 103

Asset Development for the Poor: Retrieving a Lost Tradition 104

Are Asset-Building Proposals Politically Viable? 112

The Promise and Perils of Asset Building for the Poor 114

Appendix: A Primer on Modern Catholic Social Teaching 127

Notes 132

Bibliography 156

Index 167

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)