Stemming Middle-Class Decline

Stemming Middle-Class Decline
Title Stemming Middle-Class Decline PDF eBook
Author Nancey Green Leigh
Publisher Routledge
Pages 277
Release 2017-09-04
Genre Social Science
ISBN 1351488104

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Are Americans as well-off as they used to be? The answer affects everything from product markets and housing sales to social tranquility and presidential (and local) elections. This volume examines what is happening to the American middle class. In a detailed and comprehensive analysis, Nancey Green Leigh tracks changes in the pattern of income distribution over a twenty-year period. While earnings have increased, there is a widening gap between what middle-level earnings can purchase and the cost of a middle standard of living.Due to the fact that this decline has not been experienced equally in all regions, separate analyses are reported for urban and rural locations, major census regions, and the largest states. To identify which workers have been most affected, Leigh compares earning trends by race, gender, educational level, industry of employment, part- or full-time status, and fringe benefit recipiency. Rejecting short-term and demographic explanations, Leigh links the decline of the middle class to economic change and industrial restructuring.Leigh concludes her work by examining planning and policy prescriptions to improve the prospects of members - and aspiring members - of the middle economic class. She documents the decreasing ability of middle-level earners to purchase a middle standard of living and attributes the decline in part to failures in planning. Failures of planning, she observes, have contributed to the growing divergence between middle-level earnings and the middle standard of living. Stemming Middle-Class Decline provides comprehensive data and trends on workers, communities, regions, and the nation that all policymakers and government officials should read and examine with care.

Stemming Middle-class Decline

Stemming Middle-class Decline
Title Stemming Middle-class Decline PDF eBook
Author Nancey Green Leigh
Publisher Transaction Publishers
Pages 218
Release 1994
Genre Business & Economics
ISBN 9780882851495

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Are Americans as well-off as they used to be? The answer affects everything from product markets and housing sales to social tranquility and presidential (and local) elections. This volume examines what is happening to the American middle class. In a detailed and comprehensive analysis, Nancey Green Leigh tracks changes in the pattern of income distribution over a twenty-year period. While earnings have increased, there is a widening gap between what middle-level earnings can purchase and the cost of a middle standard of living. Due to the fact that this decline has not been experienced equally in all regions, separate analyses are reported for urban and rural locations, major census regions, and the largest states. To identify which workers have been most affected, Leigh compares earning trends by race, gender, educational level, industry of employment, part- or full-time status, and fringe benefit recipiency. Rejecting short-term and demographic explanations, Leigh links the decline of the middle class to economic change and industrial restructuring. Leigh concludes her work by examining planning and policy prescriptions to improve the prospects of members—and aspiring members—of the middle economic class. She documents the decreasing ability of middle-level earners to purchase a middle standard of living and attributes the decline in part to failures in planning. Failures of planning, she observes, have contributed to the growing divergence between middle-level earnings and the middle standard of living. Stemming Middle-Class Decline provides comprehensive data and trends on workers, communities, regions, and the nation that all policymakers and government officials should read and examine with care.

The Crisis of the Middle Class

The Crisis of the Middle Class
Title The Crisis of the Middle Class PDF eBook
Author Lewis Corey
Publisher
Pages 392
Release 1935
Genre Social Science
ISBN

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"Notes": p. 367-379.

The Coming Class War and How to Avoid It

The Coming Class War and How to Avoid It
Title The Coming Class War and How to Avoid It PDF eBook
Author Frederick R. Strobel
Publisher M.E. Sharpe
Pages 232
Release 1999-05-07
Genre Business & Economics
ISBN 9780765638526

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Strobel and Peterson offer a clear, accessible analysis of the worsening distribution of income and wealth in America. In addressing the decline of the middle class, the authors determine that the middle class has not only continued to shrink, but that the majority of economic benefits have become concentrated into fewer and fewer hands. There is a close analysis of the linkage between economic and political power, as well as the increasing inability of the growing lower and shrinking middle classes to voice their economic views in Washington. The result is a uniquely American form of class conflict, which adds to our historic racial tension, and new clashes along gender and generational lines. Widening income disparities further split society. Single issue politics often emerge as a refuge for those voters unwilling or unable to deal with these complicated and seemingly insoluble issues. To prevent further class conflict in the coming quarter century, the authors outline strategic changes in policy, including a plan to strengthen social security. Anyone with an interest in current economic issues and problems will find this book helpful in understanding how the worsening income and wealth distribution came about, the consequences inherent in this situation, and suggestions for the future. Frederick R. Strobel is the William G. and Marie Selby Professor of Economics at the New College of the University of South Florida in Sarasota. This is his second book on middle class decline. He has written numerous articles on economics and economic policy, which have appeared in a wide variety of business and professional journals, including Business Week, Chicago Tribune, and American Banker. Wallace C. Peterson is the George Homes Professor of Economics Emeritus at the University of Nebraska in Lincoln. This is also his second book on middle class decline. He is the author of many other works on economic policy, including the award-winning newspaper column Money in America. He is the past president of several academic associations, including the Midwest Economics Association, the Association for Evolutionary Economics, and the Association for Social Economics.

The Shrinking Middle Class

The Shrinking Middle Class
Title The Shrinking Middle Class PDF eBook
Author Emanuel Collado
Publisher iUniverse
Pages 125
Release 2010-03-22
Genre Business & Economics
ISBN 1450219675

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The middle class of our society has an important roleacting as the glue that holds the upper and lower classes together. But what will happen if the middle class crumbles? The Shrinking Middle Class is a comprehensive study of the economic meltdown and its long-term effects on the middle class. Emanuel Collado is a self-made businessman who focuses the results of his extensive research into a trend first detected in the 1980s. He provides fascinating case studies of middle class families, alarming statistics, and causes of the current economic crisis that both the United States and the world face. As Collado compares past decisions with current issues, he offers explanations for why America has such a disparity in our society and where the social fabric is being skewed to expand at both ends and grow thinner in the middle. Not so long ago, being middle class meant a reliable job with good pay, a home, access to health care, good education for youth, and a dignified retired life. Collado provides an in-depth look into why the United States is becoming a two-class society and what we can do now to prevent it from happening.

(Not) Keeping Up with Our Parents

(Not) Keeping Up with Our Parents
Title (Not) Keeping Up with Our Parents PDF eBook
Author Nan Mooney
Publisher Beacon Press
Pages 272
Release 2008
Genre Business & Economics
ISBN 9780807011386

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Drawing on more than a hundred interviews with people all across America,(Not) Keeping Up with Our Parentsexplores how stagnant wages, debt, and escalating costs for tuition, health care, and home ownership are jeopardizing the finances and futures of today's educated middle class. Despite this sobering reality, Nan Mooney offers concrete ideas on how we can arrest this downward spiral.

The Riches of This Land

The Riches of This Land
Title The Riches of This Land PDF eBook
Author Jim Tankersley
Publisher PublicAffairs
Pages 296
Release 2020-08-11
Genre Business & Economics
ISBN 1541767845

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A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.