Rich And Poor In America

Rich And Poor In America

by Geoffrey Gilbert
     
 

ISBN-10: 1598840568

ISBN-13: 9781598840568

Pub. Date: 05/01/2008

Publisher: ABC-CLIO, Incorporated

This work provides a thorough overview and analysis of the increasing gap between the Americans at the top and bottom of the economic scale.

• A selection of documents and excerpts relating to how Americans perceive the gap that exists between the haves and the have-nots, such as Andrew Carnegie's famous "Gospel of Wealth" (1889)

• An up-to-date

Overview

This work provides a thorough overview and analysis of the increasing gap between the Americans at the top and bottom of the economic scale.

• A selection of documents and excerpts relating to how Americans perceive the gap that exists between the haves and the have-nots, such as Andrew Carnegie's famous "Gospel of Wealth" (1889)

• An up-to-date selection of statistics, enabling the reader to get a clear, quantitative sense of the extent of income and wealth differences in contemporary America

Product Details

ISBN-13:
9781598840568
Publisher:
ABC-CLIO, Incorporated
Publication date:
05/01/2008
Series:
Contemporary World Issues Series
Pages:
292
Product dimensions:
6.00(w) x 9.10(h) x 1.00(d)

Table of Contents


Preface     xiii
Background and History     1
A Widening Gap     3
Measuring Income Inequality     5
Wealth Inequality     7
Long-Term Trends     9
Rowboats, Yachts, and Rising Tides     11
Race, Ethnicity, and Economic Inequality     13
Income Inequality and Health     16
Income Inequality and Education     18
A Shrinking Middle Class?     21
From Rich to Poor and Poor to Rich: Mobility     23
Rich and Poor: The Political Dimension     25
Problems, Controversies, and Solutions     31
The Wage Structure and Human Capital     32
Labor Skills, Labor Demand, and Technological Change     33
International Competition     35
Immigration     37
Unions and the Wage Distribution     39
The Minimum Wage and Inequality     41
Winner Take All?     42
Family Structure and Income Distribution     44
Political Perspectives on Income Inequality     46
Education as an Income Equalizer     47
The Effectiveness of Early Interventions     48
U.S. Schools and Inequality     51
Ways to ImproveLow-SES Student Performance     53
College: Ticket to the Middle Class     55
Working on the Labor Market     57
The Living Wage as a Boost to Low Wages     58
Stronger Unions as a Means to Lift Low Wages     59
Earned Income Tax Credit     60
Limits on CEO Pay     62
Immigrant Labor Supplies     63
Taxes and Transfer Payments     65
Wealth and Estate Taxes     68
Asset-Building Policies     70
Summary     72
Worldwide Perspective     79
A World of Contrasts     79
National Rates of Income Inequality     81
Income Inequality in Latin America and Africa     83
Poverty in the Rich Countries     85
National Trends in Income Inequality     87
Income by Country: Divergence or Convergence?     90
A New Concept of Global Inequality     92
Less Inequality, Less Poverty?     94
Economic Mobility: The United States in Global Perspective     96
Top U.S. Incomes in Worldwide Perspective     98
CEO Pay and Income Inequality     99
Wealth Taxes: A (So Far) Non-American Response to Wealth Inequality     101
A Caution on Wealth Taxes     103
Chronology     107
Biographical Sketches     127
Horatio Alger Jr.     127
Anne L. Alstott     128
Warren E. Buffett     129
John Bates Clark     130
Chuck Collins     131
Marian Wright Edelman     132
John Edwards     133
Barbara Ehrenreich     134
Victor R. Fuchs     135
William H. Gates III     136
Corrado Gini     137
Hetty Green     138
Dolores Huerta     139
Jonathan Kozol     140
Simon Kuznets     141
Bhashkar Mazumder     142
Sara S. McLanahan     143
Mollie Orshansky     144
John D. Rockefeller     145
Paul G. Schervish     146
Thomas M. Shapiro     147
Michael Sherraden     148
Ronald J. Sider     149
Timothy M. Smeeding     150
Samuel Walton     151
Richard Wilkinson     151
Edward N. Wolff     152
Data and Documents     155
Inequality and the American Public: The Maxwell School Survey      171
Perceptions of Inequality Trends     171
Concerns about Inequality     173
California Kids Investment and Development Savings (KIDS) Accounts     175
Ben Bernanke on U.S. Income Inequality     179
Pay without Performance: The Great CEO Guarantee     182
Are CEOs Overpaid?     184
The Estate Tax 'Recycles' Opportunity     187
Being Profitable Is Giving Back     190
Andrew Carnegie on What to Do with a Fortune [1889]     192
Giving Back, Big Time: The Carnegie-Buffett Connection     194
Being Poor     197
Directory of Organizations     201
Selected Print and Nonprint Resources     227
Print Resources     227
Articles     227
Books     230
Nonprint Resources     247
Web Sites     247
Videos     251
Contact Information for Video Distributors and Vendors     256
Glossary     259
Index     263
About the Author     275

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