The End Of The Middle Class
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The End Of The Middle Class
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Author : Joseph Brusuelas
language : en
Publisher: Wiley
Release Date : 2015-04-13
The End Of The Middle Class written by Joseph Brusuelas and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-13 with Business & Economics categories.
The story of the destruction and (potential) rebirth of the middle class Bloomberg chief economist Joseph Brusuelas and top retail analyst Kristin Bentz take an objective and facts-based look at the real state of the U.S. economy and the reasons for the rapid deterioration of the all-important middle class. The End of the Middle Class goes far beyond conventional wisdom and misleading media narratives to explore the troubling realities of a weak employment market, high debt burdens, and a decline in real purchasing power for what was once a thriving middle class population. The path to recovery will be long and difficult, but the authors believe it is possible and they have created a roadmap for how to rebuild a thriving and productive middle class. The U.S. economy has changed in fundamental ways requiring an adjustment that will take years to complete. The growth model that relied on easy credit and overconsumption that defined the years prior to the Great Recession of 2007-2009 has given way to a model driven by energy, technology and manufacturing. Some of the long-term solutions the authors advocate for middle class recovery include: Selling 50 year Treasury bonds exclusively devoted to infrastructure rebuilding Encouraging domestic development and export of crude oil and liquefied natural gas Investment in targeted workforce re-training in technology, energy, and manufacturing Foreign investment in factories near cheap sources of North American energy The End of the Middle Class gives readers a complete understanding of the new normal for the middle class and the fundamental changes that will be necessary to restore the economy's most important growth engine.
Automation Capitalism And The End Of The Middle Class
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Author : Jon-Arild Johannessen
language : en
Publisher: Routledge
Release Date : 2019-04-18
Automation Capitalism And The End Of The Middle Class written by Jon-Arild Johannessen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-18 with Business & Economics categories.
In this book, the author argues that a new form of capitalism is emerging at the threshold of the Fourth Industrial Revolution. He asserts that we are in the midst of a transition from democratic capitalism to feudal capitalism and highlights how robotization and innovation is leading to a social crisis for the middle classes as economic inequality is on the rise. Johannessen outlines the three elements – Balkanization, the Great Illusion, and the plutocracy – which are referred to here as feudal structures. He describes, analyzes, and discusses these elements both individually and in interaction with each other, and asks: "What structures and processes are promoting and boosting feudal capitalism?" Additionally, the book serves to generate knowledge about how the middle class will develop in the Fourth Industrial Revolution. It shows the various effects of robotization on the middle class, where middle class jobs are transformed, deconstructed, and re-constructed and new part-time jobs are created for the middle class. Given the interest in the Fourth Industrial Revolution, the book will appeal to students of economic sociology and political economy as well as those in innovation and knowledge management courses focusing upon the emerging innovation economy. The topic will attract policymakers, and the accessible and engaging tone will also make the book of interest to the general public.
White Collar
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Author : C. Wright Mills
language : en
Publisher: Oxford University Press
Release Date : 2002-09-26
White Collar written by C. Wright Mills and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-26 with Social Science categories.
In print for fifty years, White Collar by C. Wright Mills is considered a standard on the subject of the new middle class in twentieth-century America. This landmark volume demonstrates how the conditions and styles of middle class life--originating from elements of both the newer lower and upper classes--represent modern society as a whole. By examining white-collar life, Mills aimed to learn something about what was becoming more typically "American" than the once-famous Western frontier character. He painted a picture instead of a society that had evolved into a business-based milieu, viewing America instead as a great salesroom, an enormous file, and a new universe of management. Russell Jacoby, author of The End of Utopia and The Last Intellectuals, contributes a new Afterword to this edition, in which he reflects on the impact White Collar had at its original publication and considers what it means to our society today. "A book that persons of every level of the white collar pyramid should read and ponder. It will alert them to their condition for their better salvation."-Horace M. Kaellen, The New York Times (on the first edition)
The End Of Middle Class Politics
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Author : Sotiris Rizas
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2018-12-17
The End Of Middle Class Politics written by Sotiris Rizas and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-17 with History categories.
The response of the middle classes to the financial crisis of 2008 is a central theme in the political systems of most developed, Western countries. This book approaches middle class politics from a historical perspective, looking at its progression since the early 1900s. The middle classes contributed significantly and in various ways to the evolution of mass politics in the West, with middle class intellectuals oriented to social and political reform, such as Leonard Hobhouse, Herbert Croly and Leon Bourgeois, influencing the setup of politics and the building of institutions in the early 20th century, and with lower-middle class disaffection fuelling protest politics in the 1890s and 1900s. The rise of Fascism in the interwar period owed much to the perception of liquidation permeating the middle classes in the 1920s and the 1930s as a result of post-World War I hardship and the Crash of 1929-31. Conversely, mass affluence during the “trente glorieuses” was the result of the post-World War II growth strategies adopted by conservatives and social democrats alike. The rise of Thatcherism led to the emergence of a more consumerist and market-oriented middle class that enjoyed a high living standard, but was subjected simultaneously to the turbulences of globalization and the fluctuations of the markets. Political realignments that are currently taking shape after the Crash of 2008 are related to the loss of status and purchasing power of the vast middle class formed during the postwar years. It is also of historical significance to compare various middle class responses in the 2010s to those to the Crash of the 1920s and 1930s. Although authoritarianism and Fascism were the ultimate outcomes of interwar politics, there were, and still are, viable democratic and socially inclusive alternatives.
Automation Capitalism And The End Of The Middle Class
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Author : Jon-Arild Johannessen
language : en
Publisher: Routledge
Release Date : 2019-04-18
Automation Capitalism And The End Of The Middle Class written by Jon-Arild Johannessen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-18 with Business & Economics categories.
In this book, the author argues that a new form of capitalism is emerging at the threshold of the Fourth Industrial Revolution. He asserts that we are in the midst of a transition from democratic capitalism to feudal capitalism and highlights how robotization and innovation is leading to a social crisis for the middle classes as economic inequality is on the rise. Johannessen outlines the three elements – Balkanization, the Great Illusion, and the plutocracy – which are referred to here as feudal structures. He describes, analyzes, and discusses these elements both individually and in interaction with each other, and asks: "What structures and processes are promoting and boosting feudal capitalism?" Additionally, the book serves to generate knowledge about how the middle class will develop in the Fourth Industrial Revolution. It shows the various effects of robotization on the middle class, where middle class jobs are transformed, deconstructed, and re-constructed and new part-time jobs are created for the middle class. Given the interest in the Fourth Industrial Revolution, the book will appeal to students of economic sociology and political economy as well as those in innovation and knowledge management courses focusing upon the emerging innovation economy. The topic will attract policymakers, and the accessible and engaging tone will also make the book of interest to the general public.
Promised Land
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Author : David Stebenne
language : en
Publisher: Simon and Schuster
Release Date : 2021-07-20
Promised Land written by David Stebenne and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-20 with History categories.
"Explains how the American middle class ballooned at mid-century until it dominated the nation, showing who benefited and what brought the expansion to an end"--
Capitalists Arise
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Author : Peter Georgescu
language : en
Publisher:
Release Date : 2017-05
Capitalists Arise written by Peter Georgescu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05 with categories.
Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy. Marshaling deeply sobering statistics, Georgescu depicts the stark reality of America today: a nation with greater wealth inequality and lower social mobility than just about any other country in the developed world. But the problem isn't that free-market capitalism no longer works-it's that it's been hijacked by shareholder primacy. Where once our business leaders looked to the needs and interests of a variety of stakeholders-employees, community members, the business itself-now they're myopically focused on maximizing their shareholders' quarterly returns. Capitalists Arise! shows how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown. But Georgescu offers concrete actions that capitalists themselves can take to create a better future. The irony is that if businesses do this, shareholders will do even better. In the long run, businesses can thrive only when society is healthy and strong. This book is a manifesto calling on capitalists to heal the nation that has given them so much.
Squeezed
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Author : Alissa Quart
language : en
Publisher: HarperCollins
Release Date : 2018-06-26
Squeezed written by Alissa Quart and has been published by HarperCollins this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-26 with Social Science categories.
One of TIME’s Best New Books to Read This Summer “Brilliant—a keen, elegantly written, and scorching account of the American family today. Through vivid stories, sharp analysis and wit, Quart anatomizes the middle class’s fall while also offering solutions and hope.” — Barbara Ehrenreich, author of Nickel and Dimed Families today are squeezed on every side—from high childcare costs and harsh employment policies to workplaces without paid family leave or even dependable and regular working hours. Many realize that attaining the standard of living their parents managed has become impossible. Alissa Quart, executive editor of the Economic Hardship Reporting Project, examines the lives of many middle-class Americans who can now barely afford to raise children. Through gripping firsthand storytelling, Quart shows how our country has failed its families. Her subjects—from professors to lawyers to caregivers to nurses—have been wrung out by a system that doesn’t support them, and enriches only a tiny elite. Interlacing her own experience with close-up reporting on families that are just getting by, Quart reveals parenthood itself to be financially overwhelming, except for the wealthiest. She offers real solutions to these problems, including outlining necessary policy shifts, as well as detailing the DIY tactics some families are already putting into motion, and argues for the cultural reevaluation of parenthood and caregiving. Writtenin the spirit of Barbara Ehrenreich and Jennifer Senior, Squeezed is an eye-opening page-turner. Powerfully argued, deeply reported, and ultimately hopeful, it casts a bright, clarifying light on families struggling to thrive in an economy that holds too few options. It will make readers think differently about their lives and those of their neighbors.
Capitalists Arise
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Author : Peter Georgescu
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2017-05-01
Capitalists Arise written by Peter Georgescu and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-01 with Business & Economics categories.
The legendary CEO presents “a challenge to America’s captains of business . . . to reclaim capitalism as a means of creating wealth and shared prosperity” (Darren Walker, President, Ford Foundation). Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. This is why he's so heartsick that with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy. Today, America has greater wealth inequality and lower social mobility than just about any other country in the developed world. As Georgescu demonstrates, this is because free-market capitalism has been hijacked by shareholder primacy. Where once our business leaders looked to the needs and interests of a variety of stakeholders—employees, community members, the business itself—now they're myopically focused on maximizing their shareholders' quarterly returns. In Capitalists, Arise!, Georgescu offers concrete, pro-capitalist actions we can take to create a better future—one in which shareholders would do even better! In the long run, businesses can thrive only when society is healthy and strong. This book is a manifesto calling on capitalists to heal the nation that has given them so much.
China S Emerging Middle Class
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Author : Cheng Li
language : en
Publisher: Brookings Institution Press
Release Date : 2010
China S Emerging Middle Class written by Cheng Li and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
Decades ago, there was no distinct middle class in the People's Republic of China. Any meaningful discussion of China's economy, politics, or society must take into account the rapid emergence and explosive growth of the Chinese middle class. This book details the origins and characteristics of this dramatic change.