America's Founding and the Struggle over Economic Inequality

America's Founding and the Struggle over Economic Inequality
Author :
Publisher : University Press of Kansas
Total Pages : 360
Release :
ISBN-10 : 9780700621736
ISBN-13 : 0700621733
Rating : 4/5 (36 Downloads)

Synopsis America's Founding and the Struggle over Economic Inequality by : Clement Fatovic

If, as many allege, attacking the gap between rich and poor is a form of class warfare, then the struggle against income inequality is the longest running war in American history. To defenders of the status quo, who argue that the accumulation of wealth free of government intervention is an essential feature of the American way, this book offers a forceful answer. While many of those who oppose addressing economic inequality through public policy today do so in the name of freedom, Clement Fatovic demonstrates that concerns about freedom informed the Founding Fathers' arguments for public policy that tackled economic disparities. Where contemporary arguments against such government efforts conceptualize freedom in economic terms, however, those supporting public policies conducive to greater economic equality invoked a more participatory, republican, conception of freedom. As many of the Founders understood it, economic independence, which requires a wide if imperfect distribution of property, is a precondition of the political independence they so profoundly valued. Fatovic reveals a deep concern among the Founders--including Thomas Jefferson, Thomas Paine, and Noah Webster--about the impact of economic inequality on political freedom. America's Founding and the Struggle over Economic Inequality traces this concern through many important political debates in Congress and the broader polity that shaped the early Republic--debates over tax policies, public works, public welfare, and the debt from the Revolution. We see how Alexander Hamilton, so often characterized as a cold-hearted apologist for plutocrats, actually favored a more progressive system of taxation, along with various policies aimed at easing the economic hardship of specific groups. In Thomas Paine, frequently portrayed as an advocate of laissez-faire government, we find a champion of a comprehensive welfare state that would provide old-age pensions, public housing, and a host of other benefits as a matter of "right, not charity." Contrary to the picture drawn by so many of today's pundits and politicians, this book shows us how, for the first American statesmen, preventing or minimizing economic disparities was essential to the preservation of the new nation's freedom and practice of self-government.

The Lost Tradition of Economic Equality in America, 1600–1870

The Lost Tradition of Economic Equality in America, 1600–1870
Author :
Publisher : JHU Press
Total Pages : 329
Release :
ISBN-10 : 9781421437125
ISBN-13 : 1421437120
Rating : 4/5 (25 Downloads)

Synopsis The Lost Tradition of Economic Equality in America, 1600–1870 by : Daniel R. Mandell

An important examination of the foundational American ideal of economic equality—and how we lost it. Winner of the Missouri Conference on History Book Award for 2021 The United States has some of the highest levels of both wealth and income inequality in the world. Although modern-day Americans are increasingly concerned about this growing inequality, many nonetheless believe that the country was founded on a person's right to acquire and control property. But in The Lost Tradition of Economic Equality in America, 1600–1870, Daniel R. Mandell argues that, in fact, the United States was originally deeply influenced by the belief that maintaining a "rough" or relative equality of wealth is essential to the cultivation of a successful republican government. Mandell explores the origins and evolution of this ideal. He shows how, during the Revolutionary War, concerns about economic equality helped drive wage and price controls, while after its end Americans sought ways to maintain their beloved "rough" equality against the danger of individuals amassing excessive wealth. He also examines how, after 1800, this tradition was increasingly marginalized by the growth of the liberal ideal of individual property ownership without limits. This politically evenhanded book takes a sweeping, detailed view of economic, social, and cultural developments up to the time of Reconstruction, when Congress refused to redistribute plantation lands to the former slaves who had worked it, insisting instead that they required only civil and political rights. Informing current discussions about the growing gap between rich and poor in the United States, The Lost Tradition of Economic Equality in America is surprising and enlightening.

Unequal Gains

Unequal Gains
Author :
Publisher : Princeton University Press
Total Pages : 420
Release :
ISBN-10 : 9780691178271
ISBN-13 : 0691178275
Rating : 4/5 (71 Downloads)

Synopsis Unequal Gains by : Peter H. Lindert

A book that rewrites the history of American prosperity and inequality Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.

The Politics of Inequality

The Politics of Inequality
Author :
Publisher : Columbia University Press
Total Pages : 274
Release :
ISBN-10 : 9780231140751
ISBN-13 : 0231140754
Rating : 4/5 (51 Downloads)

Synopsis The Politics of Inequality by : Michael Thompson

Since the early days of the American republic, political thinkers have maintained that a grossly unequal division of property, wealth, and power would lead to the erosion of democratic life. Yet over the past thirty-five years, neoconservatives and neoliberals alike have redrawn the tenets of American liberalism. Nowhere is this more evident than in our current mainstream political discourse, in which the politics of economic inequality are rarely discussed. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique. It has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom-the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique; it has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom--the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought.

The Crisis of the Middle-Class Constitution

The Crisis of the Middle-Class Constitution
Author :
Publisher : Vintage
Total Pages : 433
Release :
ISBN-10 : 9780451493927
ISBN-13 : 0451493923
Rating : 4/5 (27 Downloads)

Synopsis The Crisis of the Middle-Class Constitution by : Ganesh Sitaraman

In this original, provocative contribution to the debate over economic inequality, Ganesh Sitaraman argues that a strong and sizable middle class is a prerequisite for America’s constitutional system. A New York Times Notable Book of 2017 For most of Western history, Sitaraman argues, constitutional thinkers assumed economic inequality was inevitable and inescapable—and they designed governments to prevent class divisions from spilling over into class warfare. The American Constitution is different. Compared to Europe and the ancient world, America was a society of almost unprecedented economic equality, and the founding generation saw this equality as essential for the preservation of America’s republic. Over the next two centuries, generations of Americans fought to sustain the economic preconditions for our constitutional system. But today, with economic and political inequality on the rise, Sitaraman says Americans face a choice: Will we accept rising economic inequality and risk oligarchy or will we rebuild the middle class and reclaim our republic? The Crisis of the Middle-Class Constitution is a tour de force of history, philosophy, law, and politics. It makes a compelling case that inequality is more than just a moral or economic problem; it threatens the very core of our constitutional system.

Economic Apartheid in America

Economic Apartheid in America
Author :
Publisher :
Total Pages : 248
Release :
ISBN-10 : 1565845943
ISBN-13 : 9781565845947
Rating : 4/5 (43 Downloads)

Synopsis Economic Apartheid in America by : Chuck Collins

"Filled with charts, graphs, and political cartoons, Economic Apartheid in America is an action-oriented, movement-building guide to closing the widening gap between the rich and everyone else in this country."--BOOK JACKET.

King and the Other America

King and the Other America
Author :
Publisher : University of California Press
Total Pages : 382
Release :
ISBN-10 : 9780520288577
ISBN-13 : 0520288572
Rating : 4/5 (77 Downloads)

Synopsis King and the Other America by : Sylvie Laurent

Shortly before his assassination, Martin Luther King Jr. called for a radical redistribution of economic and political power to transform the whole of society. In 1967, he envisioned and designed the Poor People’s Campaign, an interracial effort that was carried out after his death. This campaign brought together impoverished Americans of all races to demand better wages, better jobs, better homes, and better education. King and the Other America explores this overlooked and obscured episode of the late civil rights movement, deepening our understanding of King’s commitment to social justice and also of the long-term trajectory of the civil rights movement. Digging into earlier radical arguments about economic inequality across America, which King drew on throughout his entire political and religious life, Sylvie Laurent argues that the Poor People’s Campaign was the logical culmination of King’s influences and ideas, which have had lasting impact on young activists and the public. Fifty years later, growing inequality and grinding poverty in the United States have spurred new efforts to rejuvenate the campaign. This book draws the connections between King's perceptive thoughts on substantive justice and the ongoing quest for equality for all.

The Struggle for America's Promise

The Struggle for America's Promise
Author :
Publisher : Univ. Press of Mississippi
Total Pages : 225
Release :
ISBN-10 : 9781626741355
ISBN-13 : 1626741352
Rating : 4/5 (55 Downloads)

Synopsis The Struggle for America's Promise by : Claire Goldstene

In The Struggle for America's Promise, Claire Goldstene seeks to untangle one of the enduring ideals in American history, that of economic opportunity. She explores the varied discourses about its meaning during the upheavals and corporate consolidations of the Gilded Age. Some proponents of equal opportunity seek to promote upward financial mobility by permitting more people to participate in the economic sphere thereby rewarding merit over inherited wealth. Others use opportunity as a mechanism to maintain economic inequality. This tension, embedded with the idea of equal opportunity itself and continually reaffirmed by immigrant populations, animated social dissent among urban workers while simultaneously serving efforts by business elites to counter such dissent. Goldstene uses a biographical approach to focus on key figures along a spectrum of political belief as they struggled to reconcile the inherent contradictions of equal opportunity. She considers the efforts of Booker T. Washington in a post-Civil War South to ground opportunity in landownership as an attempt to confront the intersection of race and class. She also explores the determination of the Knights of Labor to define opportunity in terms of controlling one's own labor. She looks at the attempts by Samuel Gompers through the American Federation of Labor as well as by business elites through the National Association of Manufacturers and the National Civic Federation to shift the focus of opportunity to leisure and consumption. The Struggle for America's Promise also includes such radical figures as Edward Bellamy and Emma Goldman, who were more willing to step beyond the boundaries of the discourse about opportunity and question economic competition itself.

Inequality and American Democracy

Inequality and American Democracy
Author :
Publisher : Russell Sage Foundation
Total Pages : 257
Release :
ISBN-10 : 9781610443043
ISBN-13 : 1610443047
Rating : 4/5 (43 Downloads)

Synopsis Inequality and American Democracy by : Lawrence R. Jacobs

In the twentieth century, the United States ended some of its most flagrant inequalities. The "rights revolution" ended statutory prohibitions against women's suffrage and opened the doors of voting booths to African Americans. Yet a more insidious form of inequality has emerged since the 1970s—economic inequality—which appears to have stalled and, in some arenas, reversed progress toward realizing American ideals of democracy. In Inequality and American Democracy, editors Lawrence Jacobs and Theda Skocpol headline a distinguished group of political scientists in assessing whether rising economic inequality now threatens hard-won victories in the long struggle to achieve political equality in the United States. Inequality and American Democracy addresses disparities at all levels of the political and policy-making process. Kay Lehman Scholzman, Benjamin Page, Sidney Verba, and Morris Fiorina demonstrate that political participation is highly unequal and strongly related to social class. They show that while economic inequality and the decreasing reliance on volunteers in political campaigns serve to diminish their voice, middle class and working Americans lag behind the rich even in protest activity, long considered the political weapon of the disadvantaged. Larry Bartels, Hugh Heclo, Rodney Hero, and Lawrence Jacobs marshal evidence that the U.S. political system may be disproportionately responsive to the opinions of wealthy constituents and business. They argue that the rapid growth of interest groups and the increasingly strict party-line voting in Congress imperils efforts at enacting policies that are responsive to the preferences of broad publics and to their interests in legislation that extends economic and social opportunity. Jacob Hacker, Suzanne Mettler, and Dianne Pinderhughes demonstrate the feedbacks of government policy on political participation and inequality. In short supply today are inclusive public policies like the G.I. Bill, Social Security legislation, the War on Poverty, and the Voting Rights Act of 1965 that changed the American political climate, mobilized interest groups, and altered the prospect for initiatives to stem inequality in the last fifty years. Inequality and American Democracy tackles the complex relationships between economic, social, and political inequality with authoritative insight, showcases a new generation of critical studies of American democracy, and highlights an issue of growing concern for the future of our democratic society.

Equal Is Unfair

Equal Is Unfair
Author :
Publisher : Macmillan + ORM
Total Pages : 271
Release :
ISBN-10 : 9781250084453
ISBN-13 : 1250084458
Rating : 4/5 (53 Downloads)

Synopsis Equal Is Unfair by : Don Watkins

We’ve all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality—but an all-out war on success? In Equal is Unfair, a timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover: • why successful CEOs make so much money—and deserve to • how the minimum wage hurts the very people it claims to help • why middle-class stagnation is a myth • how the little-known history of Sweden reveals the dangers of forced equality • the disturbing philosophy behind Obama’s economic agenda. The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.