The American political economy politics, markets, and power

"Since the 1980s, income concentration has increased dramatically, with the top 1% increasing their share from 10.7% in 1980 to 20.2% in 2014 (an 89% increase), and the top 0.01% income share increasing even more - by approximately 230%. Before the turn of the 21st century, scholars seeking to...

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Weitere Verfasser: Hacker, Jacob S. (HerausgeberIn), Hertel-Fernandez, Alex (HerausgeberIn), Pierson, Paul (HerausgeberIn), Thelen, Kathleen Ann (HerausgeberIn)
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Sprache:eng
Veröffentlicht: Cambridge, New York, NY, Port Melbourne, VIC, New Delhi, Singapore Cambridge University Press 2022
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Zusammenfassung:"Since the 1980s, income concentration has increased dramatically, with the top 1% increasing their share from 10.7% in 1980 to 20.2% in 2014 (an 89% increase), and the top 0.01% income share increasing even more - by approximately 230%. Before the turn of the 21st century, scholars seeking to explain rising inequality emphasized structural economic change and demographics, focusing on factors such as deindustrialization, globalization, aging, union decline, and skill-biased technological change (Alderson and Nielsen 2002; Berman et al. 1998; Bound and Johnson 1992; Danziger and Gottschalk 1995; Goldin and Katz 2008). In this work, politics and policy played at most a peripheral role in explaining the ebb and flow of American inequality. But newer scholarship has given politics a more central place in our understanding of income disparity"--
Beschreibung:Literaturverzeichnis: Seite 419-471
Beschreibung:xiv, 471 Seiten
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ISBN:9781316516362
978-1-316-51636-2
9781009014861
978-1-009-01486-1