Winner-Take-All Politics

How Washington Made the Rich Richer--and Turned Its Back on the Middle Class

Author: Jacob S. Hacker,Paul Pierson

Publisher: Simon and Schuster

ISBN: 1416593845

Category: Political Science

Page: 368

View: 6691

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A groundbreaking work that identifies the real culprit behind one of the great economic crimes of our time— the growing inequality of incomes between the vast majority of Americans and the richest of the rich. We all know that the very rich have gotten a lot richer these past few decades while most Americans haven’t. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have continued to fall behind. Why do the “haveit- alls” have so much more? And how have they managed to restructure the economy to reap the lion’s share of the gains and shift the costs of their new economic playground downward, tearing new holes in the safety net and saddling all of us with increased debt and risk? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it—until now. In their lively and provocative Winner-Take-All Politics, renowned political scientists Jacob S. Hacker and Paul Pierson demonstrate convincingly that the usual suspects—foreign trade and financial globalization, technological changes in the workplace, increased education at the top—are largely innocent of the charges against them. Instead, they indict an unlikely suspect and take us on an entertaining tour of the mountain of evidence against the culprit. The guilty party is American politics. Runaway inequality and the present economic crisis reflect what government has done to aid the rich and what it has not done to safeguard the interests of the middle class. The winner-take-all economy is primarily a result of winner-take-all politics. In an innovative historical departure, Hacker and Pierson trace the rise of the winner-take-all economy back to the late 1970s when, under a Democratic president and a Democratic Congress, a major transformation of American politics occurred. With big business and conservative ideologues organizing themselves to undo the regulations and progressive tax policies that had helped ensure a fair distribution of economic rewards, deregulation got under way, taxes were cut for the wealthiest, and business decisively defeated labor in Washington. And this transformation continued under Reagan and the Bushes as well as under Clinton, with both parties catering to the interests of those at the very top. Hacker and Pierson’s gripping narration of the epic battles waged during President Obama’s first two years in office reveals an unpleasant but catalyzing truth: winner-take-all politics, while under challenge, is still very much with us. Winner-Take-All Politics—part revelatory history, part political analysis, part intellectual journey— shows how a political system that traditionally has been responsive to the interests of the middle class has been hijacked by the superrich. In doing so, it not only changes how we think about American politics, but also points the way to rebuilding a democracy that serves the interests of the many rather than just those of the wealthy few.
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Summary: Winner-Take-All Politics

Review and Analysis of Jacob S. Hacker and Paul Pierson's Book

Author: BusinessNews Publishing

Publisher: Primento

ISBN: 2511002981

Category: Business & Economics

Page: 44

View: 7561

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The must-read summary of Jacob S. Hacker and Paul Pierson's book: "Winner-Take-All Politics: How Washington Made the Rich Richer - and Turned Its Back on the Middle Class". This complete summary of "Winner-Take-All Politics" by Jacob S. Hacker and Paul Pierson, two renowned political scholars, presents their argument that American politics are to blame for the growing inequality between Americans. In their book, the authors expose several unexpected causes of this inequality and who is to blame. By reading their research, you can discover what is really happening in society and what needs to be done to find a solution. Added-value of this summary: • Save time • Understand income inequality in the US and its implications • Expand your knowledge of American politics and economics To learn more, read "Winner-Take-All Politics" and discover how inequality contributed to this economic crisis and what now needs to be done for a better future.
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American Amnesia

How the War on Government Led Us to Forget What Made America Prosper

Author: Jacob S. Hacker,Paul Pierson

Publisher: Simon and Schuster

ISBN: 1451667833

Category: Business & Economics

Page: 464

View: 3512

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"A spirited examination of why what's good for American business elites and what's good for Americans have become misaligned"--Front jacket flap.
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White Party, White Government

Race, Class, and U.S. Politics

Author: Joe R. Feagin

Publisher: Routledge

ISBN: 1136332626

Category: Social Science

Page: 264

View: 8212

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White Party, White Government examines the centuries-old impact of systemic racism on the U.S. political system. The text assesses the development by elite and other whites of a racialized capitalistic system, grounded early in slavery and land theft, and its intertwining with a distinctive political system whose fundamentals were laid down in the founding decades. From these years through the Civil War and Reconstruction, to the 1920s, the 1930s Roosevelt era, the 1960s Johnson era, through to the Ronald Reagan, George H.W. Bush, and Barack Obama presidencies, Feagin exploring the effects of ongoing demographic changes on the present and future of the U.S. political system.
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Social Welfare Policy for a Sustainable Future

The U.S. in Global Context

Author: Katherine S. van Wormer,Rosemary J. Link

Publisher: SAGE Publications

ISBN: 1483322424

Category: Social Science

Page: 448

View: 6244

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Unique in its use of a sustainability framework, Social Welfare Policy for a Sustainable Future by Katherine S. van Wormer and Rosemary J. Link goes beyond U.S. borders to examine U.S. government policies—including child welfare, social services, health care, and criminal justice—within a global context. Guided by the belief that forces from the global market and globalization affect all social workers in their practice, the book addresses a wide range of relevant topics, including the refugee journey, the impact of new technologies, war trauma, global policy instruments, and restorative justice. A sustainability policy analysis model and an ecosystems framework for trauma-informed care are also presented in this timely text.
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Affluence and Influence

Economic Inequality and Political Power in America

Author: Martin Gilens

Publisher: Princeton University Press

ISBN: 1400844827

Category: Political Science

Page: 352

View: 3637

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Why policymaking in the United States privileges the rich over the poor Can a country be a democracy if its government only responds to the preferences of the rich? In an ideal democracy, all citizens should have equal influence on government policy—but as this book demonstrates, America's policymakers respond almost exclusively to the preferences of the economically advantaged. Affluence and Influence definitively explores how political inequality in the United States has evolved over the last several decades and how this growing disparity has been shaped by interest groups, parties, and elections. With sharp analysis and an impressive range of data, Martin Gilens looks at thousands of proposed policy changes, and the degree of support for each among poor, middle-class, and affluent Americans. His findings are staggering: when preferences of low- or middle-income Americans diverge from those of the affluent, there is virtually no relationship between policy outcomes and the desires of less advantaged groups. In contrast, affluent Americans' preferences exhibit a substantial relationship with policy outcomes whether their preferences are shared by lower-income groups or not. Gilens shows that representational inequality is spread widely across different policy domains and time periods. Yet Gilens also shows that under specific circumstances the preferences of the middle class and, to a lesser extent, the poor, do seem to matter. In particular, impending elections—especially presidential elections—and an even partisan division in Congress mitigate representational inequality and boost responsiveness to the preferences of the broader public. At a time when economic and political inequality in the United States only continues to rise, Affluence and Influence raises important questions about whether American democracy is truly responding to the needs of all its citizens.
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New Tunisian Cinema

Allegories of Resistance

Author: Robert Lang

Publisher: Columbia University Press

ISBN: 0231537190

Category: Performing Arts

Page: 448

View: 3639

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Tunisian cinema is often described as the most daring of all Arab cinemas. For many, Tunisia appeared to be a model of equipoise between "East" and "West," and yet, during Zine El Abidine Ben Ali's presidency, from 1987 to 2011, the country became the most repressive state in the Maghreb. Against considerable odds, a generation of filmmakers emerged in the mid-1980s to make films that are allegories of resistance to the increasingly illiberal trends that were marking their society. In New Tunisian Cinema, Robert Lang focuses on eight films by some of the nation's best-known directors, including Man of Ashes (1986), Bezness (1992) and Making Of (2006) by Nouri Bouzid, Halfaouine (1990) by Férid Boughedir, The Silences of the Palace (1994) by Moufida Tlatli, Essaïda (1997) by Mohamed Zran, Bedwin Hacker (2002) by Nadia El Fani, and The TV Is Coming (2006) by Moncef Dhouib. He explores the political economy and social, historical, and psychoanalytic dimensions of these works and the strategies filmmakers deployed to preserve cinema's ability to shape debates about national identity. These debates, Lang argues, not only helped initiate the 2011 uprising that ousted Ben Ali's regime but also did much to inform and articulate the aspirations of the Tunisian people in the new millennium.
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The Power of Inaction

Bank Bailouts in Comparison

Author: Cornelia Woll

Publisher: Cornell University Press

ISBN: 0801471141

Category: Political Science

Page: 224

View: 2902

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Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great Recession brought into sharp relief the power that the global financial sector holds over national politics, and provoked widespread public outrage. In The Power of Inaction, Cornelia Woll details the varying relationships between financial institutions and national governments by comparing national bank rescue schemes in the United States and Europe. Woll starts with a broad overview of bank bailouts in more than twenty countries. Using extensive interviews conducted with bankers, lawmakers, and other key players, she then examines three pairs of countries where similar outcomes might be expected: the United States and United Kingdom, France and Germany, Ireland and Denmark. She finds, however, substantial variation within these pairs. In some cases the financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm’s length. Such differences are often ascribed to one of two conditions: either the state is strong and can impose terms, or the state is weak and corrupted by industry lobbying. Woll presents a third option, where the inaction of the financial sector critically shapes the design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those settings where they could avoid a joint response and force national policymakers to deal with banks on a piecemeal basis. The power to remain collectively inactive, she argues, has had important consequences for bailout arrangements and ultimately affected how the public and private sectors have shared the cost burden of these massive policy decisions.
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The American Middle Class

A Cultural History

Author: Lawrence R Samuel

Publisher: Routledge

ISBN: 1134624751

Category: History

Page: 174

View: 8492

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The middle class is often viewed as the heart of American society, the key to the country’s democracy and prosperity. Most Americans believe they belong to this group, and few politicians can hope to be elected without promising to serve the middle class. Yet today the American middle class is increasingly seen as under threat. In The American Middle Class: A Cultural History, Lawrence R. Samuel charts the rise and fall of this most definitive American population, from its triumphant emergence in the post-World War II years to the struggles of the present day. Between the 1920s and the 1950s, powerful economic, social, and political factors worked together in the U.S. to forge what many historians consider to be the first genuine mass middle class in history. But from the cultural convulsions of the 1960s, to the 'stagflation' of the 1970s, to Reaganomics in the 1980s, this segment of the population has been under severe stress. Drawing on a rich array of voices from the past half-century, The American Middle Class explores how the middle class, and ideas about it, have changed over time, including the distinct story of the black middle class. Placing the current crisis of the middle class in historical perspective, Samuel shows how the roots of middle-class troubles reach back to the cultural upheaval of the 1960s. The American Middle Class takes a long look at how the middle class has been winnowed away and reveals how, even in the face of this erosion, the image of the enduring middle class remains the heart and soul of the United States.
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Billionaires

Reflections on the Upper Crust

Author: Darrell M. West

Publisher: Brookings Institution Press

ISBN: 0815725817

Category: Political Science

Page: 269

View: 9223

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Meet the Billionaires: the 1,645 men and women who control a massive share of global assets worth $6.5 trillion. Darrell West reveals what the other 99.99998% of us need to know. With rich anecdotes and personal narratives, West goes inside the world of the ultra wealthy. Meet U.S. billionaires such as Sheldon Adelson, Michael Bloomberg, David and Charles Koch, George Soros, Tom Steyer, and Donald Trump—as well as international billionaires from around the globe. The growing political engagement of this small supra-wealthy group raises important questions about influence, transparency, and government performance, and West lays bare the wealthification of politics, including: • How billionaires can block appointments and legislation they don't like • Why the supra-wealthy moved into policy advocacy and referenda at the state level • Why billionaires run for office in more than a dozen countries around the world
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