Tag Archives: lower class

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In the Communist Manifesto, Marx and Engels wrote that “the history of all hitherto existing societies is the history of class struggles.†Today the story of American politics is the story of class struggles. It wasn’t supposed to be that way. We didn’t think we were divided into different classes. Neither did Marx.

America was an exception to Marx’s theory of social progress. By that theory, societies were supposed to move from feudalism to capitalism to communism. But the America of the 1850s, the most capitalist society around, was not turning communist. Marx had an explanation for that. “True enough, […]

Restoring America’s Economic Mobility

Author, The Way Back: Resotring the Promise of America

Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of Crown Government […]

Restoring America’s Economic Mobility

Author, The Way Back: Resotring the Promise of America

Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of Crown Government […]

Honors Colloquium to welcome renowned Vanderbilt University historian Oct 4.

Jefferson Cowie, the James G. Stahlman Chair in Vanderbilt University’s Department of History

Jefferson Cowie, the James G. Stahlman Chair in Vanderbilt University’s Department of History KINGSTON, R.I. – September 21, 2016 – Jefferson Cowie, the James G. Stahlman Chair in Vanderbilt University’s Department of History, will speak Tuesday Oct. 4 at the URI Honors Colloquium, “Inequality and the American Dream.”

Cowie will offer historical perspectives on inequality at the free public lecture at 7 p.m. in Edwards Hall, 64 Upper College Road.

The Nation magazine described Cowie as “one of our most commanding interpreters of recent American experience.” His most recent book, The Great Exception: The New Deal and the Limits of […]

Does Capital Punishment Deter Crime Essay

In the article Inequality: Causes and Consequences, Kathryn M. Neckerman and Florencia Torche discuss the existing patterns, causes and consequences of economic inequality in the United States, including inequality of earnings, wealth, and opportunity. Their research refers to the social and political causes and consequences of inequality in such areas as “health, education, crime, social capital, and political power” (Neckerman & Torche, 2007, p. 335). In addition, they discuss world inequality, exploring the major inequality trends across different nations.

The researchers of this article have the major goal – to help readers to better understand the roots

We will write a […]

The Politics of US: The shrinking middle class


Bill Lackey/Springfield News-Sun View Caption

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In this week’s edition: The town the future forgot By Jeremy Borden / ContributorA faded “Springfield A Great Place to Live” sign greets those entering this Ohio city of 59,000, at the heart of which looms the Crowell-Collier publishing plant – an empty monument to a once-thriving middle class.This is a town of Dick Hatfields, who remember cruising around a crowded town in a ’53 Chevrolet. Who can point to where the old […]

7 signs that housing still has a long way to go

house-home-sunset

Americans are deeply pessimistic about economic mobility. By an overwhelming margin, they believe it is harder today to secure a middle-class lifestyle than it was for past generations. And a large majority continue to see the housing market in a state of crisis.

Such were the stark findings of the 2016 How Housing Matters Survey , an exhaustive inquiry into consumer sentiment on housing that the MacArthur Foundation conducts every year. Whether it be the economy, inequality, or the particulars of real estate, the survey has boldly contrasted with the more positive housing news of recent years, and has spotlighted […]

Cutter Family Finances: Is The Great American Dream Dead?


“Why don’t you just pay someone to do this? We hate yard work! No one cuts their own lawn. We are getting all dirty! You are too strict. This is just stupid!” These are some of the statements made last weekend by my cracker-jack landscape crew at Cutter Financial Group: my three girls, Maeve, Phoebe, and Sophie.

After listening to the complaints, I decided it was time to share one of my life lessons with them. They love it when I do that. I responded, “Ladies, hard work pays dividends to those that work hard. Now get to work.” They […]

Uncompetitive Minor League Wages Might Be Deterring Talent

Minor league players earn about 1 percent of the MLB minimum salary. (via Minda Haas Kuhlmann)

Minor league players earn about 1 percent of the MLB minimum salary. (via Minda Haas Kuhlmann) In February of 2014, a group of ex-minor league baseball players filed a class action lawsuit against Major League Baseball. They claimed the minor league pay structure violated the United States minimum wage law. Their argument was that players often worked 50+ hour weeks, yet earn just a few thousand per year, which works out to well below the federal minimum of $7.25 per hour.

According to the lawsuit , the majority of minor league players get signing bonuses of about $2,500 and earn […]

Inequality, Crime, and Income Redistribution in Western Europe

map

The rise of economic inequality in the West has had detrimental effects on the poor and middle classes. The loss of job prospects, disappearing upward economic mobility, and political apathy have all combined to give the less fortunate of society a bleak view of the future.

This has not gone unnoticed by the beneficiaries of this rising inequality. As an August, 2015, study by European political scientists David Rueda and Daniel Stegmueller shows, the more unequal is their society, the more the wealthiest in Western Europe endorse redistribution of wealth. Rueda and Stegmueller analyzed data from the European Social Survey […]