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Economic Apartheid in America : A Primer on Economic Inequality & Insecurity - Chuck Collins

Economic Apartheid in America

A Primer on Economic Inequality & Insecurity

Paperback Published: 1st August 2000
ISBN: 9781565845947
Number Of Pages: 272

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This updated edition of the widely touted Economic Apartheid in America looks at the causes and manifestations of wealth disparities in the United States, including tax policy in light of the 2001 and 2003 tax cuts and recent corporate scandals.

Published with two leading organizations dedicated to addressing economic inequality, the book looks at recent changes in income and wealth distribution and examines the economic policies and shifts in power that have fueled the growing divide.

Praised by Sojurners as “a clear blueprint on how to combat growing inequality,” Economic Apartheid in America provides “much-needed groundwork for more democratic discussion and participation in economic life” (Tikkun). With “a wealth of eye-opening data” (The Beacon) focusing on the decline of organized labor and civic institutions, the battle over global trade, and the growing inequality of income and wages, it argues that most Americans are shut out of the discussion of the rules governing their economic lives. Accessible and engaging and illustrated throughout with charts, graphs, and political cartoons, the book lays out a comprehensive plan for action.

Acknowledgmentsp. vii
Forewordp. ix
Introduction: Economic Boom for Whom?
The Amazing U.S. Economy?p. 1
Warning: Entering New Global Economy-Proceed with Cautionp. 4
The Trends: Rising Tide, Sinking Boatsp. 6
We Can Build a Fairer Economyp. 7
About the Bookp. 9
The Dangerous Consequences of Growing Inequality
Pressures Facing Our Householdsp. 14
Inequality and the Threat to Prosperityp. 21
Inequality and Democracyp. 23
Inequality and Public Healthp. 29
Social Polarization and the Withdrawal of the Havesp. 31
You Are On Your Own: The New Individualismp. 34
Gated Communities and Bigger Prisonsp. 36
The Picture: Growing Economic Insecurity and Inequality
The Inequality of Income and Wagesp. 38
Race, Gender, and Incomep. 40
The Gap between Highest and Average Wage-Earnersp. 43
The Inequality of Wealthp. 48
What Is Wealth and Why Is It Important?p. 48
The Concentration of Wealthp. 51
The Myth of Who Owns Assetsp. 55
The Wealth-Holdersp. 56
Global Inequalityp. 59
The Champagne-Glass Global Distribution of Incomep. 60
The Causes of Inequality
Why Has Inequality Grown?p. 65
The Power Shiftp. 66
Money Power in Our Democracyp. 69
The Rise in Concentrated Corporate Powerp. 71
The Attack on Workers' Rightsp. 78
Decline in the Influence of the Civic Sectorp. 84
Decline in Independent Politicsp. 86
The Rules Governing the Economyp. 87
Global Trade and Investment Policyp. 88
Taxationp. 96
The Restructuring of Work and the Breakdown in the Social Contractp. 104
Regulation and Deregulationp. 110
Federal Reserve and Monetary Policyp. 112
Government Social Spending, the Safety Net, and Corporate Welfarep. 116
The Culture of Greed vs. the Common Goodp. 123
Building a Fair Economy Movement
The Tradition of Taking Action to Reduce Inequalityp. 127
Movement-Buildingp. 130
Stages of Social Movementsp. 132
Cultural Preparation and Organizationp. 134
Building Public Supportp. 135
Consolidationp. 135
Building a Movement Infrastructurep. 136
Challenging the Mythology Underlying Inequalityp. 140
Understanding Class in U.S. Societyp. 141
Actions to Close the Economic Divide
Building a Real Democracyp. 151
Building Workers' Powerp. 151
Removing the Influence of Big Money from Our Democracyp. 158
Building Independent Politicsp. 164
Reining in Corporate Powerp. 167
Changing the Rules to Build a Fair Economyp. 178
Global Trade and Investment Rulesp. 178
Reducing Wage Inequalityp. 188
Reducing the Asset and Wealth Gapp. 198
Fair Taxationp. 203
Fighting Corporate Welfarep. 211
Reforming Monetary Policy and the Federal Reservep. 215
Alternatives for a Fair Economyp. 217
Conclusionp. 223
We Are United for a Fair Economy and Class Actionp. 225
Further Readingp. 227
Notesp. 230
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9781565845947
ISBN-10: 1565845943
Audience: General
Format: Paperback
Language: English
Number Of Pages: 272
Published: 1st August 2000
Publisher: The New Press
Country of Publication: US
Dimensions (cm): 23.5 x 19.1  x 1.27
Weight (kg): 0.51
Edition Number: 1

Earn 52 Qantas Points
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