000 03788cam a22004338i 4500
001 2017010289
003 DLC
005 20190729110852.0
008 170605s2017 dcu 000 0 eng
010 _a 2017010289
020 _a9780815729129 (hardback)
042 _apcc
043 _an-us---
040 _aDLC
_beng
_erda
_cDLC
_dMvI
050 0 0 _aHT690.U6
_bR44 2017
082 0 0 _a305.5/50973
_223
084 _aSOC050000
_aBUS069010
_aPOL009000
_aSOC026000
_2bisacsh
100 1 _aReeves, Richard V.,
245 1 0 _aDream hoarders :
_bhow the American upper middle class is leaving everyone else in the dust, why that is a problem, and what to do about it /
_cRichard V. Reeves.
250 _a1st Edition.
263 _a1706
264 1 _aWashington, D.C. :
_bBrookings Institution Press,
_c2017.
300 _a196 pages ; 24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
520 _a"America is becoming a class-based society. It is now conventional wisdom to focus on the wealth of the top 1 percent-especially the top 0.01 percent-and how the ultra-rich are concentrating income and prosperity while incomes for most other Americans are stagnant. But the most important, consequential, and widening gap in American society is between the upper middle class and everyone else. Reeves defines the upper middle class as those whose incomes are in the top 20 percent of American society. Income is not the only way to measure a society, but in a market economy it is crucial because access to money generally determines who gets the best quality education, housing, health care, and other necessary goods and services. As Reeves shows, the growing separation between the upper middle class and everyone else can be seen in family structure, neighborhoods, attitudes, and lifestyle. Those at the top of the income ladder are becoming more effective at passing on their status to their children, reducing overall social mobility. The result is not just an economic divide but a fracturing of American society along class lines. Upper-middle-class children become upper-middle-class adults. These trends matter because the separation and perpetuation of the upper middle class corrode prospects for more progressive approaches to policy. Various forms of "opportunity hoarding" among the upper middle class make it harder for others to rise up to the top rung. Examples include zoning laws and schooling, occupational licensing, college application procedures, and the allocation of internships. Upper-middle-class opportunity hoarding, Reeves argues, results in a less competitive economy as well as a less open society. Inequality is inevitable and can even be good, within limits. But Reeves argues that society can take effective action to reduce opportunity hoarding and thus promote broader opportunity. This fascinating book shows how American society has become the very class-defined society that earlier Americans rebelled against-and what can be done to restore a more equitable society"--
_cProvided by publisher.
650 0 _aMiddle class
_zUnited States.
650 0 _aIncome distribution
_zUnited States.
650 7 _aSOCIAL SCIENCE / Social Classes.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Economics / Comparative.
_2bisacsh
650 7 _aPOLITICAL SCIENCE / Government / Comparative.
_2bisacsh
650 7 _aSOCIAL SCIENCE / Sociology / General.
_2bisacsh
776 0 8 _iOnline version:
_aReeves, Richard V., author.
_tDream hoarders
_b1st Edition.
_dWashington, D.C. : Brookings Institution Press, 2017
_z9780815729136
_w(DLC) 2017027438
948 _au792421
949 _aHT690 .U6 R44 2017
_wLC
_c1
_hEY8Z
_i33039001427078
596 _a1
903 _a35848
999 _c35848
_d35848