Economic inequality and policy control in the United States

Bibliographic Information

Economic inequality and policy control in the United States

Mark Stelzner

(Palgrave pivot)

Palgrave Macmillan, 2015

1st ed

  • : hardback

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Note

Bibliography: p. 99-103

Includes index

Description and Table of Contents

Description

The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012 a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possibly the result of non-meritorious forces? If so, how has this incredibly unequal development coexisted, and indeed worsened, in a political system based on equality? In Economic Inequality and Policy Control in the United States, Stelzner tackles each of these questions, and, in order to further develop understanding, Stelzner looks to the past and analyzes our experience with income inequality and the orientation of laws and institutions from the Gilded Age through the New and Fair Deal. He concludes that we have the tools to tackle inequality at present the same policies we used during the New and Fair Deal. However, in order to make change durable, we have to eliminate the undemocratic elements of our political system.

Table of Contents

1. Income Inequality in the United States Today 2. Changing the Rules of the Game 3. The Gilded Age, the Progressive Era, and the New Era 4. Mixed Results 5. Cycles of Policy Control 6. How Do We Fix It?

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