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Peter H. Lindert is Distinguished Professor of Economics at the University of California, Davis. His books include Growing Public: Social Spending and Economic Growth since the Eighteenth Century. He lives in Davis, California. Jeffrey G. Williamson is the Laird Bell Professor of Economics, emeritus, at Harvard University. His books include Trade and Poverty: When the Third World Fell Behind. He lives in Madison, Wisconsin. Both are research associates...
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"From the bestselling author of ALL YOU CAN EVER KNOW comes a searing memoir of class, inequality, and grief-a daughter's search to understand the lives her adoptive parents led, the life she forged as an adult, and the lives she's lost. In this country, unless you attain extraordinary wealth, you will likely be unable to help your loved ones in all the ways you'd hoped. You will learn to live with the specific, hollow guilt of those who leave hardship...
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In SAVING CAPITALISM, Robert Reich reveals the entrenched cycles of power and influence that have damaged American capitalism, perpetuating a new oligarchy in which the one percent get ever richer and the rest-middle and working class alike-lose ever more economic agency, making for the greatest income inequality and wealth disparity since World War II. In brilliantly provocative detail, he shows how our misguided veneration of the "free market" has...
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"A revelatory account of poverty in America so deep that we, as a country, don't think it exists Jessica Compton's family of four would have no cash income unless she donated plasma twice a week at her local donation center in Tennessee. Modonna Harris and her teenage daughter Brianna in Chicago often have no food but spoiled milk on weekends. After two decades of brilliant research on American poverty, Kathryn Edin noticed something she hadn't seen...
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Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
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"We live in an age of extreme corporate concentration, in which global industries are controlled by just a few giant firms -- big banks, big pharma, and big tech, just to name a few. But concern over what Louis Brandeis called the "curse of bigness" can no longer remain the province of specialist lawyers and economists, for it has spilled over into policy and politics, even threatening democracy itself. History suggests that tolerance of inequality...
11) The age of acquiescence: the life and death of American resistance to organized wealth and power
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"From the American Revolution through the Civil Rights movement, Americans have long mobilized against political, social, and economic privilege. Hierarchies based on inheritance, wealth, and political preferment were treated as obnoxious and a threat to democracy. Mass movements envisioned a new world supplanting dog-eat-dog capitalism. But over the last half-century that political will and cultural imagination have vanished. Why? THE AGE OF ACQUIESCENCE...
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In wide-ranging interviews with David Barsamian, his longtime interlocutor, Noam Chomsky asks us to consider a world imperiled by climate change and the growing potential for nuclear war. These twelve interviews, conducted from 2013 to 2016, examine the latest developments around the globe: the devastation of Syria, the reach of state surveillance, growing anger over economic inequality, the place of religion in American political culture, and the...
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"Of Blood and Sweat: Black Lives and the Genesis of White Power and Wealth tells the story of how Black lives and labor created White power and wealth in agriculture, politics, jurisprudence, law enforcement, culture, medicine, financial services, and other fields. Through the lives of individual Black men and women a deeper understanding unravels of the role Blacks played, directly and indirectly, in creating American institutions of power and wealth-while...
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"On the 10-year anniversary of the Occupy movement, Generation Occupy tells the story of how Occupy Wall Street reshaped American culture, redefining economic rights, progressive politics, and activism for a generation. The book sets the historical record straight about the movement's lasting legacy and impacts by showing how Occupy, far from a passing phenomenon, marked the start of an era of social and political transformation that reignited the...
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"Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be...
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"We are a nation born from the conviction that people must be free. But since the middle of the last century, that idea has been co-opted. Forces on the political Right have justified exploitation by cloaking it in the rhetoric of freedom, leading to pharmaceutical companies freely overcharging for medication, a Big Tech free from oversight, politicians free to incite rebellion, corporations free to pollute, and more. How did we get here? Whose freedom...
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A NEW YORK TIMES BESTSELLER! In his first major book on the subject of income inequality, Noam Chomsky skewers the fundamental tenets of neoliberalism and casts a clear, cold, patient eye on the economic facts of life. What are the ten principles of concentration of wealth and power at work in America today? They're simple enough: reduce democracy, shape ideology, redesign the economy, shift the burden onto the poor and middle classes, attack the...
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"In 1995, the editor of the newsletter for the Royal Economic Society, who was a fan of Alistair Cooke's Letter from America on BBC Radio 4, suggested to Angus Deaton that he write a Letter about economic events in America. Twenty-five years later, Deaton, now a Nobel laureate and one of the world's most respected economists, submitted his fiftieth and final Letter from America. Over the years Deaton wrote about many topics, from the War on Terror...