Unequal We Stand
Unequal We Stand

Author: Jonathan Heathcote

Publisher: DIANE Publishing

Published: 2010-10

Total Pages: 61

ISBN-13: 1437934919

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The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.

Communities in Action
Communities in Action

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-04-27

Total Pages: 583

ISBN-13: 0309452961

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In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Innocent Bystanders? Monetary Policy and Inequality in the U.S.

Author: Mr.Olivier Coibion

Publisher: International Monetary Fund

Published: 2012-08-01

Total Pages: 57

ISBN-13: 1475505493

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We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we document the different channels via which monetary policy shocks affect inequality, as well as how these channels depend on the nature of the change in monetary policy.

More Unequal
More Unequal

Author: Michael D. Yates

Publisher: NYU Press

Published: 2007-09

Total Pages: 205

ISBN-13: 1583671595

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The aftermath of Hurricane Katrina exposed to the world what many U.S. politicians and pundits have long been able to ignore. The media images that commanded our attention spoke loudly of the class and racial divisions that still exist in the United States today. Despite the stock market gains of the 1990s, which increased the ranks of millionaires and created greater wealth for those already wealthy, U.S. society has witnessed a dramatic increase in class inequality over that last two decades. A host of newly available research indicates that the United States is afar more classbound society than was previously supposed. The rich are becoming both relatively and absolutely richer while the poor are becoming relatively, if not absolutely, poorer. More Unequal: Aspects of Class in the United States is a sobering examination of the dynamics of class relations today. John Bellamy Foster, William K. Tabb, David Roediger, Stephanie Luce, and Mark Brenner— among others—contribute essays that challenge many of our assumptions about class and provide a multilayered analysis. Topics include the impact of social and economic policy on class; wealth and prospects for the working poor; undocumented workers and their exploitation in the U.S. informal economy; race and class struggles post-Hurricane Katrina; women and class over the last forty years; and education reform and the devastating effects for public schooling. Editor, Michael D. Yates shares a personal story of his working-class life and values, the shaping of his political consciousness, and the people and ideas that inspired his teaching. For the vast majority of us, a strong work ethic and desire to see the next generation in better circumstances are no longer enough. The barriers separating classes are hardening. Class inequality manifests itself in wealth, income, and occupation, but also in education, consumption, and health. More Unequal: Aspects of Class in the United States demonstrates that an analysis of society as a whole—its relationships of power, conflict, and potential for social change— is not possible without a thorough investigation of the role and meaning of class.

Living Well at Others' Expense
Living Well at Others' Expense

Author: Stephan Lessenich

Publisher: John Wiley & Sons

Published: 2019-04-15

Total Pages: 190

ISBN-13: 1509525653

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At the heart of developed societies lies an insatiable drive for wealth and prosperity. Yet in a world ruled by free-market economics, there are always winners and losers. The benefits enjoyed by the privileged few come at the expense of the many. In this important new book, Stephan Lessenich shows how our wealth and affluence are built overwhelmingly at the expense of those in less-developed countries and regions of the world. His theory of ‘externalization’ demonstrates how the negative consequences of our lifestyles are directly transferred onto the world’s poorest. From the destruction of habitats caused by the massive increase in demand for soy and palm oil to the catastrophic impact of mining, Lessenich shows how the Global South has borne the brunt of our success. Yet, as we see from the mass movements of people across the world, we can no longer ignore the environmental and social toll of our prosperity. Lessenich’s highly original account of the structure and dynamics of global inequality highlights the devastating consequences of the affluent lifestyles of the West and reminds us of our far-reaching political responsibilities in an increasingly interconnected world.

Inequality, Leverage and Crises
Inequality, Leverage and Crises

Author: Mr.Michael Kumhof

Publisher: International Monetary Fund

Published: 2010-11-01

Total Pages: 39

ISBN-13: 1455210757

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The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial and real crisis. The paper presents a theoretical model where these features arise endogenously as a result of a shift in bargaining powers over incomes. A financial crisis can reduce leverage if it is very large and not accompanied by a real contraction. But restoration of the lower income group's bargaining power is more effective.

Created Unequal
Created Unequal

Author: James K. Galbraith

Publisher: University of Chicago Press

Published: 2000-12-15

Total Pages: 390

ISBN-13: 9780226278797

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The strong U.S. economy in the late 1990s has validated the bold thesis of this book. Created Unequal shows that America's historically high inequality of pay and incomes is not the result of impersonal market forces such as technology or trade, but of bad economic policies over several decades and the poor performance they created. Featuring a new preface on the improvements since 1994, Created Unequal is a rousing book that reminds us we can reclaim our country through economic understanding, commonsense policy, and political action.

Inequality and Growth
Inequality and Growth

Author: Theo S. Eicher

Publisher: MIT Press

Published: 2003

Total Pages: 343

ISBN-13: 0262050692

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Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

Analyzing Oppression
Analyzing Oppression

Author: Ann E. Cudd

Publisher: Oxford University Press

Published: 2006

Total Pages: 293

ISBN-13: 0195187431

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Analyzing Oppression presents a new, integrated theory of social oppression, which tackles the fundamental question that no theory of oppression has satisfactorily answered: if there is no natural hierarchy among humans, why are some cases of oppression so persistent? Cudd argues that the explanation lies in the coercive co-opting of the oppressed to join in their own oppression. This answer sets the stage for analysis throughout the book, as it explores the questions of how and why the oppressed join in their oppression. Cudd argues that oppression is an institutionally structured harm perpetrated on social groups by other groups using direct and indirect material, economic, and psychological force. Among the most important and insidious of the indirect forces is an economic force that operates through oppressed persons' own rational choices. This force constitutes the central feature of analysis, and the book argues that this force is especially insidious because it conceals the fact of oppression from the oppressed and from others who would be sympathetic to their plight. The oppressed come to believe that they suffer personal failings and this belief appears to absolve society from responsibility. While on Cudd's view oppression is grounded in material exploitation and physical deprivation, it cannot be long sustained without corresponding psychological forces. Cudd examines the direct and indirect psychological forces that generate and sustain oppression. She discusses strategies that groups have used to resist oppression and argues that all persons have a moral responsibility to resist in some way. In the concluding chapter Cudd proposes a concept of freedom that would be possible for humans in a world that is actively opposing oppression, arguing that freedom for each individual is only possible when we achieve freedom for all others.

How to Fight Inequality
How to Fight Inequality

Author: Ben Phillips

Publisher: John Wiley & Sons

Published: 2020-09-29

Total Pages: 85

ISBN-13: 1509543104

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Inequality is the crisis of our time. The growing gap between a few at the top and the rest of society damages us all. No longer able to deny the crisis, every government in the world is now pledged to fix it – and yet it keeps on getting worse. In this book, international anti-inequality campaigner Ben Phillips shows why winning the debate is not enough: we have to win the fight. Drawing on his insider experience, and his personal exchanges with the real-life heroes of successful movements, he shows how the battle against inequality has been won before, and he shares a practical plan for defeating inequality again. He sets a route map for us to overcome deference, build our collective power, and create a new story. Most books on inequality are about what other people ought to do about it – this book is about why winning the fight needs you. Tired of feeling helpless in the face of spiralling inequality? Want to know what you can do about it? This is the book for you.