Waiting on Retirement
Aging and Economic Insecurity in Low-Wage Work
Part of the Studies in Social Inequality series
America is witnessing a retirement crisis. As the labor market shifts to the gig economy and new strains restrict social security, the American Dream of secure retirement becomes further out of reach for up to half of the population. In Waiting on Retirement, Mary Gatta takes the case of restaurant workers to examine the experiences of low-wage workers who are middle-aged, aging, and past retirement age. She deftly explores the many factors shaping what it means to grow old in economic insecurity as her subjects face race- and gender-based inequities, health hazards associated with their work, and the bitter reality that the older they get the fewer professional opportunities are available to them. More importantly, Gatta demonstrates that these problems are pervasive, as more industries adopt the worst workplace practices of service work. In light of these trends, we must consider the devastating effects on already vulnerable Americans because, as Gatta contends, this crisis does not need to be inevitable. Taking as a model the small percentage of "good" restaurant jobs that exist, she ultimately offers incisive commentary on what can be done to stave off this bleak future.
Broke and Patriotic
Why Poor Americans Love Their Country
Part of the Studies in Social Inequality series
Why are poor Americans so patriotic? They have significantly worse social benefits compared to other Western nations, and studies show that the American Dream of upward mobility is, for them, largely a myth. So why do these people love their country? Why have they not risen up to demand more from a system that is failing them? In Broke and Patriotic, Francesco Duina contends that the best way to answer these questions is to speak directly to America's most impoverished. Spending time in bus stations, laundromats, senior citizen centers, homeless shelters, public libraries, and fast food restaurants, Duina conducted over sixty revealing interviews in which his subjects explain how they view themselves and their country. He masterfully weaves their words into three narratives. First, America's poor still see their country as the "last hope" for themselves and the world: America offers its people a sense of dignity, closeness to God, and answers to most of humanity's problems. Second, America is still the "land of milk and honey:" a very rich and generous country where those who work hard can succeed. Third, America is the freest country on earth where self-determination is still possible. This book offers a stirring portrait of the people left behind by their country and left out of the national conversation. By giving them a voice, Duina sheds new light on a sector of American society that we are only beginning to recognize as a powerful force in shaping the country's future.
The New Gilded Age
The Critical Inequality Debates of Our Time
Part of the Studies in Social Inequality series
Income inequality is an increasingly pressing issue in the United States and around the world. This book explores five critical issues to introduce some of the key moral and empirical questions about income, gender, and racial inequality: Do we have a moral obligation to eliminate poverty? Is inequality a necessary evil that's the best way available to motivate economic action and increase total outpt? Can we retain a meaningful democracy even when extreme inequality allows the rich to purchase political privilege? Is the recent stalling out of long-term declines in gender inequality a historic reversal that presages a new gender order? How are racial and ethnic inequalities likely to evolve as minority populations grow ever larger, as intermarriage increases, and as new forms of immigration unfold? Leading public intellectuals debate these questions in a no-holds-barred exploration of our New Gilded Age.
Social Class and Changing Families in an Unequal America
Part of the Studies in Social Inequality series
American families are far more diverse and complex today than they were 50 years ago. As ideas about marriage, divorce, and remarriage have changed, so too have our understandings about cohabitation, childbearing, parenting, and the transition to adulthood. Americans of all socioeconomic backgrounds have witnessed changes in the nature of family life, but as this book reveals, these changes play out in very different ways for the wealthy or well off than they do for the poor. Social Class and Changing Families in an Unequal America offers an up-to-the-moment assessment of the condition of the family in an era of growing inequality. Highlighting unique aspects of family behavior, it reveals the degree to which families' varying experiences are shaped by social class. This book offers a much needed assessment of contemporary family life amid the turbulent economic changes in the United States.
The Myth of Millionaire Tax Flight
How Place Still Matters for the Rich
Part of the Studies in Social Inequality series
In this age of globalization, many countries and U.S. states are worried about the tax flight of the rich. As income inequality grows and U.S. states consider raising taxes on their wealthiest residents, there is a very real concern that these high rollers will board their private jets and fly away, taking their wealth with them. Many assume that the importance of location to a person's success is at an all-time low. Cristobal Young, however, makes the surprising argument that location is very important to the world's richest people. Frequently, he says, place has a great deal to do with how they make their millions. In The Myth of Millionaire Tax Flight, Young examines a trove of data on millionaires and billionaires-confidential tax returns, Forbes lists, and census records-and distills down surprising insights. While economic elites have the resources and capacity to flee high-tax places, their actual migration is surprisingly limited. For the rich, ongoing economic potential is tied to the place where they become successful-often where they are powerful insiders-and that success ultimately diminishes both the incentive and desire to migrate. This important book debunks a powerful idea that has driven fiscal policy for years, and in doing so it clears the way for a new era. Millionaire taxes, Young argues, could give states the funds to pay for infrastructure, entitlements, and other social programs to attract a group of people who are much more mobile-the younger generation.
Income Inequality
Economic Disparities and the Middle Class in Affluent Countries
Part of the Studies in Social Inequality series
This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.
Creating Wealth and Poverty in Postsocialist China
Part of the Studies in Social Inequality series
The Chinese economy's return to commodification and privatization has greatly diversified China's institutional landscape. With the migration of more than 140 million villagers to cities and rapid urbanization of rural settlements, it is no longer possible to presume that the nation can be divided into strictly urban or rural classifications. Creating Wealth and Poverty in Postsocialist China draws on a wide variety of recent national surveys and detailed case studies to capture the diversity of postsocialist China and identify the contradictory dynamics forging contemporary social stratification. Focusing on economic inequality, social stratification, power relations, and everyday life chances, the volume provides an overview of postsocialist class order and contributes to current debates over the forces driving global inequalities. This book will be a must read for those interested in social inequality, stratification, class formation, postsocialist transformations, and China and Asian studies.
Class and Power in the New Deal
Corporate Moderates, Southern Democrats, and the Liberal-Labor Coalition
Part of the Studies in Social Inequality series
Class and Power in the New Deal provides a new perspective on the origins and implementation of the three most important policies that emerged during the New Deal-the Agricultural Adjustment Act, the National Labor Relations Act, and the Social Security Act. It reveals how Northern corporate moderates, representing some of the largest fortunes and biggest companies of that era, proposed all three major initiatives and explores why there were no viable alternatives put forward by the opposition. More generally, this book analyzes the seeming paradox of policy support and political opposition. The authors seek to demonstrate the superiority of class dominance theory over other perspectives-historical institutionalism, Marxism, and protest-disruption theory-in explaining the origins and development of these three policy initiatives. Domhoff and Webber draw on extensive new archival research to develop a fresh interpretation of this seminal period of American government and social policy development.
SNAP Matters
How Food Stamps Affect Health and Well-Being
Part of the Studies in Social Inequality series
In 1963, President Kennedy proposed making permanent a small pilot project called the Food Stamp Program (FSP). By 2013, the program's fiftieth year, more than one in seven Americans received benefits at a cost of nearly $80 billion. Renamed the Supplemental Nutrition Assistance Program (SNAP) in 2008, it currently faces sharp political pressure, but the social science research necessary to guide policy is still nascent. In SNAP Matters, Judith Bartfeld, Craig Gundersen, Timothy M. Smeeding, and James P. Ziliak bring together top scholars to begin asking and answering the questions that matter. For example, what are the antipoverty effects of SNAP? Does SNAP cause obesity? Or does it improve nutrition and health more broadly? To what extent does SNAP work in tandem with other programs, such as school breakfast and lunch? Overall, the volume concludes that SNAP is highly responsive to macroeconomic pressures and is one of the most effective antipoverty programs in the safety net, but the volume also encourages policymakers, students, and researchers to continue examining this major pillar of social assistance in America.
Broke
How Debt Bankrupts the Middle Class
Part of the Studies in Social Inequality series
About 1.5 million households filed bankruptcy in the last year, making bankruptcy as common as college graduation and divorce. The recession has pushed more and more families into financial collapse-with unemployment, declines in retirement wealth, and falling house values destabilizing the American middle class. Broke explores the consequences of this unprecedented growth in consumer debt and shows how excessive borrowing undermines the prosperity of middle class America. While the recession that began in mid-2007 has widened the scope of the financial pain caused by overindebtedness, the problem predated that large-scale economic meltdown. And by all indicators, consumer debt will be a defining feature of middle-class families for years to come. The staples of middle-class life-going to college, buying a house, starting a small business-carry with them more financial risk than ever before, requiring more borrowing and new riskier forms of borrowing. This book reveals the people behind the statistics, looking closely at how people get to the point of serious financial distress, the hardships of dealing with overwhelming debt, and the difficulty of righting one's financial life. In telling the stories of financial failures, this book exposes an all-too-real part of middle-class life that is often lost in the success stories that dominate the American economic narrative. Authored by experts in several disciplines, including economics, law, political science, psychology, and sociology, Broke presents analyses from an original, proprietary data set of unprecedented scope and detail, the 2007 Consumer Bankruptcy Project. Topics include class status, home ownership, educational attainment, impacts of self-employment, gender differences, economic security, and the emotional costs of bankruptcy. The book makes judicious use of illustrations to present key findings and concludes with a discussion of the implications of the data for contemporary policy debates.