The Vanishing American Dream A Frank Look At The Economic Realities Facing Middle And Lower Income Americans
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Author | : Gene Ludwig |
Publisher | : Disruption Books |
Total Pages | : 275 |
Release | : 2022-03-29 |
Genre | : Business & Economics |
ISBN | : 9781633310636 |
As America struggles to point its way out of the COVID-19 pandemic, we can't lose sight of the economic problems that existed before the crisis. Even when the unemployment rate was near record lows and the stock market near record highs, the gap between low- and moderate-income Americans and their wealthier counterparts had become unconscionably wide. A future economic recovery presents an opportunity to address this deeper, troubling challenge and to rectify the economic injustice that threatens so many Americans.In 2019, founder and CEO of Promontory Financial Group Gene Ludwig gathered a bipartisan group of the nation's foremost economic thinkers -- academics and politicians, CEOs and former presidential advisors -- to break with convention and candidly discuss that widening gap. The Vanishing American Dream: A Frank Look at the Economic Realities Facing Middle- and Lower-Income Americans comes from their insights.The opportunity to rebuild our economy should inspire the most important conversations and ideas of our time. The dialogue captured in this book provides broad and experienced perspectives on inequality and policy shortcomings, along with examples of ideas that have successfully narrowed the wealth gap, from government investment to the role of the private sector. As we remap our economy, we have an opportunity to rebuild the American Dream for the long-term.Combining expertise with optimism, The Vanishing American Dream invites readers to take a seat at the table for a bracing look at the road back to widespread opportunity, security, and prosperity.With Contributions By: Sarah Bloom Raskin, Glenn Hubbard, Deval Patrick, Robert Shiller, Larry Summers, Luke Bronin, Daryl Byrd, Oren Cass, Jacob Hacker Heather Gerken, Susan Krause Bell, Andrea Levere, Zachary Liscow, Jonathan Macey, Daniel Markovits, Mary Miller, Michael Moskow, David Newville, Steven Pearlstein, Isabel Sawhill, Jay Shambaugh, Anika Singh Lemar, and Andrew Tisch.
Author | : Gene Ludwig |
Publisher | : |
Total Pages | : 275 |
Release | : 2020-05-12 |
Genre | : Business & Economics |
ISBN | : 9781633310445 |
The American Dream is perhaps our nation's single common belief. It represents the opportunity to improve our economic standing generation upon generation, whether from poverty to comfort or beyond. From Horatio Alger to Oprah Winfrey, the Dream gives us collective hope. The prevailing economic analysis for 2019 portrays a humming economy, one that should be able to support a path to prosperity for anyone willing to do their part. But in reality, traditional economic measures like the unemployment rate and GDP are masking a crisis for millions of lower- and middle-income families. For them, economic injustice has never been greater. They struggle to afford health care, housing, and education as they work jobs that cannot provide the chances they need to reverse this downward slide. It's easy enough to offer prosaic explanations for the decline of opportunity: Factories closed. Globalization pushed corporations to send the jobs overseas. Racism abounds. But for those who really want to understand what's going on, those more answers only prompt more thoughtful questions. To begin to answer those questions, Gene Ludwig invited some of the most sophisticated minds from across the political spectrum to gather in a closed setting at Yale Law School in the spring of 2019. They included policy makers, journalists, academics, and business leaders--without media or scripts. No matter their affiliation, the participants all agreed: What had once been the American dream has become an elusive myth. But how can the economy report positive growth while so many suffer? And how do we reverse their trajectory? The Vanishing American Dream documents this rare, candid conversation and offers a forum on solutions to revive the Dream for all Americans. With Contributions By: Sarah Bloom Raskin, Glenn Hubbard, Deval Patrick, Robert Shiller, Larry Summers, Luke Bronin, Daryl Byrd, Oren Cass, Jacob Hacker Heather Gerken, Susan Krause Bell, Andrea Levere, Zachary Liscow, Jonathan Macey, Daniel Markovits, Mary Miller, Michael Moskow, David Newville, Steven Pearlstein, Isabel Sawhill, Jay Shambaugh, Anika Singh Lemar, and Andrew Tisch.
Author | : Wei Bin Zhang |
Publisher | : Algora Publishing |
Total Pages | : 272 |
Release | : 2021-10-01 |
Genre | : History |
ISBN | : 1628944781 |
The accelerating self-destruction of the United States cannot be hidden when the loss of productivity, loss of faith in government, enflamed identity politics and social fragmentation are constant and are clearly documented. Any national assessment should be grounded in facts, and Prof. Zhang provides a plethora of economic data as a baseline for discussion. The figures and graphs reveal many sides of America that we may generally miss. In addition, Chinese and other Asians familiar with ancient Confucianism have their own sources of wisdom and commentary to guide them in assessing how they and their neighbors think and behave. Here, a Chinese academic familiar with both worlds shares his impressions and his conclusions. Prof. Zhang juxtaposes the political, economic and cultural behavior of America with sparkling quotes from Confucius, Mencius, Xun Zi, as well as Western classical thinkers from Plato to Quesnay and Weber. The book gives us a new perspective on our country — with insights as well from Chaos Theory. In this book we explore how the basic concepts of the yin-yang vision, and socioeconomic chaos theory, can help us understand American civilization, what it represents, and the natural cycles it is going through. Confucianism is more rationalist and sober, in the sense of the absence and the rejection of all non-utilitarian yardsticks, than any other ethical system, with the possible exception of J. Bentham’s. The author presents data on American economic and social trends, and systematically compares the basic ideas of Confucius and Adam Smith. These are interwoven with hundreds of pithy observations on America from a wide spectrum of commentators, from intellectual lumaries to Hollywood stars. The aim of studying the history of human societies, the author says, is to find the equations, i.e., mechanisms, of historical evolution; by stepping back to view events from different perspectives he seeks to present America as an organic whole, going beyond a partial, one-sided view of history — neither the patrician perspective nor that of the workers and the poor. The book is basically an application of the author’s general theory on socioeconomic evolution to provide some insights into America’s evolution by viewing it under an alternative ethical system (ancient Confucianism), with insights from chaos theory.
Author | : Martha R. Bireda |
Publisher | : Rowman & Littlefield |
Total Pages | : 111 |
Release | : 2022-06-22 |
Genre | : Education |
ISBN | : 1475863578 |
During this difficult time in our nation’s history, with the focus on “racial reckoning”, it is crucial that Americans understand when and how our “race-based hierarchy” came to be invented. The Promise of Whiteness: Its Past and Its Future explores the psycho-social impact of the promise of “whiteness” upon the past and present-day race relations in the United States. The “promise of whiteness”—which includes the “place”, “privilege” or advantages of whiteness, the “power” bestowed by whiteness, and the “protection” from punishment for violence toward blacks—is examined. Crucial to the book’s concept is a discussion of the psychological needs met by whiteness and the needs, fears, anxieties, and dissonance produced as well. Finally, the book questions if the “promise of whiteness” is still viable in America as it has evolved into a multiracial society, and recommends that Americans, as a nation, commit to an equal society for all members regardless of race or social class. This book expands on several chapters previously published in A Time for Change: How White Supremacy Ideology Harms All Americans.
Author | : Valentín, Benjamín |
Publisher | : Orbis Books |
Total Pages | : 230 |
Release | : 2024-06-12 |
Genre | : Religion |
ISBN | : |
Author | : Mario Barbosa Cruz |
Publisher | : Taylor & Francis |
Total Pages | : 604 |
Release | : 2022-07-13 |
Genre | : History |
ISBN | : 100060568X |
As a collective effort, this volume locates the formation of the middle classes at the core of the histories of Latin America in the last two centuries. Featuring scholars from different places across the Americas, it is an interdisciplinary contribution to the world histories of the middle classes, histories of Latin America, and intersectional studies. It also engages a larger audience about the importance of the middle classes to understand modernity, democracy, neoliberalism, and decoloniality. By including research produced from a variety of Latin American, North American, and other audiences, the volume incorporates trends in social history, cultural studies and discursive theory. It situates analytical categories of race and gender at the core of class formation. This volume seeks to initiate a critical and global conversation concerning the ways in which the analysis of the middle classes provides crucial re-readings of how Latin America, as a region, has historically been understood.
Author | : Andrew Yang |
Publisher | : Hachette Books |
Total Pages | : 266 |
Release | : 2018-04-03 |
Genre | : Political Science |
ISBN | : 0316414255 |
The New York Times bestseller from CNN Political Commentator and 2020 former Democratic presidential candidate Andrew Yang, this thought-provoking and prescient call-to-action outlines the urgent steps America must take, including Universal Basic Income (UBI), to stabilize our economy amid rapid technological change and automation. The shift toward automation is about to create a tsunami of unemployment. Not in the distant future--now. One recent estimate predicts 45 million American workers will lose their jobs within the next twelve years--jobs that won't be replaced. In a future marked by restlessness and chronic unemployment, what will happen to American society? In The War on Normal People, Andrew Yang paints a dire portrait of the American economy. Rapidly advancing technologies like artificial intelligence, robotics and automation software are making millions of Americans' livelihoods irrelevant. The consequences of these trends are already being felt across our communities in the form of political unrest, drug use, and other social ills. The future looks dire-but is it unavoidable? In The War on Normal People, Yang imagines a different future--one in which having a job is distinct from the capacity to prosper and seek fulfillment. At this vision's core is Universal Basic Income, the concept of providing all citizens with a guaranteed income-and one that is rapidly gaining popularity among forward-thinking politicians and economists. Yang proposes that UBI is an essential step toward a new, more durable kind of economy, one he calls "human capitalism."
Author | : Donald L. Barlett |
Publisher | : Public Affairs |
Total Pages | : 322 |
Release | : 2012-07-31 |
Genre | : Social Science |
ISBN | : 1586489690 |
Examines the formidable challenges facing the middle class, calling for fundamental changes while surveying the extent of the problem and identifying the people and agencies most responsible.
Author | : Sarah J. Robinson |
Publisher | : WaterBrook |
Total Pages | : 257 |
Release | : 2021-05-11 |
Genre | : Religion |
ISBN | : 0593193539 |
A compassionate, shame-free guide for your darkest days “A one-of-a-kind book . . . to read for yourself or give to a struggling friend or loved one without the fear that depression and suicidal thoughts will be minimized, medicalized or over-spiritualized.”—Kay Warren, cofounder of Saddleback Church What happens when loving Jesus doesn’t cure you of depression, anxiety, or suicidal thoughts? You might be crushed by shame over your mental illness, only to be told by well-meaning Christians to “choose joy” and “pray more.” So you beg God to take away the pain, but nothing eases the ache inside. As darkness lingers and color drains from your world, you’re left wondering if God has abandoned you. You just want a way out. But there’s hope. In I Love Jesus, But I Want to Die, Sarah J. Robinson offers a healthy, practical, and shame-free guide for Christians struggling with mental illness. With unflinching honesty, Sarah shares her story of battling depression and fighting to stay alive despite toxic theology that made her afraid to seek help outside the church. Pairing her own story with scriptural insights, mental health research, and simple practices, Sarah helps you reconnect with the God who is present in our deepest anguish and discover that you are worth everything it takes to get better. Beautifully written and full of hard-won wisdom, I Love Jesus, But I Want to Die offers a path toward a rich, hope-filled life in Christ, even when healing doesn’t look like what you expect.
Author | : United States. Department of Labor. Office of Policy Planning and Research |
Publisher | : |
Total Pages | : 84 |
Release | : 1965 |
Genre | : African American families |
ISBN | : |
The life and times of the thirty-second President who was reelected four times.