Tag Archives: marriage

For the richer, not the poorer: marriage as a class affair


New research shows an alarming marriage gap in Europe. A constant theme in today’s news and comment is inequality – the increasing gap between rich and poor. You will hear or read about it practically every day. But how often do you hear about another yawning gap that has opened up in the richer countries: the wealth gap between married and unmarried parents?

Yes, there’s a link between marriage and income that young people, especially the less educated , are not being informed about – to their cost, not only in terms of financial security but also happiness.

A new report […]

Denmark Isn’t Magic


An entrance to Copenhagen’s Tivoli Gardens Danophilia is alive and well in America. Bernie Sanders and other liberals have lauded Denmark’s social democratic dream state, with its free college tuition, nearly universal pre-K, and plentiful child care. While Republicans and Democrats both praise the virtues of what economists call “intergenerational mobility”—the chance for a poor young child to become at least a middle-class adult—America doesn’t lead the world in the pursuit of the American Dream. The standard social mobility statistic measures how much each generation’s income is determined by its parents’ income. By that measure, northern Europe and Scandinavia […]

Strengthening the Three Pillars of the American Dream: Education, Work, and Marriage

Figure 4B

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It’s easy to feel pessimistic about the state of American society. Poverty is widespread. Steady, well-paying jobs are scarce. Economic inequality is high, and mobility is low. Fewer adults are getting married, meaning more children are seeing their parents break up. Too many kids are stuck in failing schools, and too many young adults are stuck in dead-end jobs.These problems are intertwined on many levels: Financial instability contributes to family instability, which in turn puts children at greater risk of struggling in school today and failing to land good jobs tomorrow. Achieving upward […]

INEQUALITY IN OUR CAPITALIST SOCIETY

INEQUALITY IN OUR CAPITALIST SOCIETY:
HOW WILL CAPITALISM END?

Senior Fellow, American Center for International Policy Studies
INTRODUCTION In this article, we shall describe the fast growing phenomenon of economic inequality in the US, where the gap between the rich and the mass of middle class and poor is getting rapidly worse. Economic inequality reflects factors as diverse as race, history, community, education, intelligence IQ, lack of opportunity and discrimination. But government policies also make a difference. Today the top 1 percent of Americans own 38 percent of the nation’s wealth, while the bottom 40 percent possesses less than 1 percent […]

Truly a golden age: We’ve much to learn from the Fifties, when the family flourished and there was REAL social mobility

50s

They were the years of austerity and affluence, National Service and Teddy Boys. And, according to the maverick Labour MP Frank Field, the Fifties was a lost golden age of decorum and decency, the last moment when Britain was a ‘peaceful and self-governing kingdom’.

No doubt the Birkenhead MP’s comments will have raised a few eyebrows on the Labour benches, where the Fifties are often mocked as a grey desert of intolerance, repression and Establishment values, swept away by the cultural permissiveness of the following decade.

But the decade of the Coronation and the Suez Crisis should be remembered as far […]

Income Inequality Matters, but Mobility Is Just as Important

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Concerns about rising income inequality are based on comparing income distributions over time. It is important to remember that such distributions are snapshots of a single year, and that the same households do not necessarily appear year after year in the same quintile of the distribution. Paying attention to mobility, as well as inequality, gives us a richer picture of the income possibilities for households over time. We document changes in a measure of income mobility over the past 40 years, a period in which income inequality has increased. We find a modest level of movement through the distribution, […]

Income Inequality Matters, but Mobility Is Just as Important

featured hero image

Concerns about rising income inequality are based on comparing income distributions over time. It is important to remember that such distributions are snapshots of a single year, and that the same households do not necessarily appear year after year in the same quintile of the distribution. Paying attention to mobility, as well as inequality, gives us a richer picture of the income possibilities for households over time. We document changes in a measure of income mobility over the past 40 years, a period in which income inequality has increased. We find a modest level of movement through the distribution, […]

The Rise and Fall of the White Working Class


News at Home
tags: election 2016 , Trump

Stephen W. Campbell is a lecturer at California State Polytechnic University, Pomona and earned his doctorate in history from the University of California, Santa Barbara. It’s an election year and if the past is prologue, cable news outlets will devote significant attention to the Democratic Party’s struggles with white, working-class voters, despite the party’s success with other demographic groups. As each year goes by, white, working-class voters make up a shrinking percentage of the electorate, but because so many of them live in the politically important “battleground” states, their decisions […]

Income Inequality Matters, but Mobility Is Just as Important

featured hero image

Concerns about rising income inequality are based on comparing income distributions over time. It is important to remember that such distributions are snapshots of a single year, and that the same households do not necessarily appear year after year in the same quintile of the distribution. Paying attention to mobility, as well as inequality, gives us a richer picture of the income possibilities for households over time. We document changes in a measure of income mobility over the past 40 years, a period in which income inequality has increased. We find a modest level of movement through the distribution, […]

Income Inequality Matters, but Mobility Is Just as Important

featured hero image

Concerns about rising income equality are based on comparing income distributions over time. It is important to remember that such distributions are snapshots of a single year, and that the same households do not necessarily appear year after year in the same quintile of the distribution. Paying attention to mobility, as well as inequality, gives us a richer picture of the income possibilities for households over time. We document changes in a measure of income mobility over the past 40 years, a period in which income inequality has increased. We find a modest level of movement through the distribution, […]