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Runaway Inequality

Runaway Inequality Author Les Leopold
ISBN-10 0999095420
Release 2018-06-15
Pages 320
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Runaway inequality is now America's most critical economic fact of life. In 1970, the ratio of pay between the top 100 CEOs and the average worker was 45 to 1. In the current decade it is a shocking 800 to 1! During the time in between a new economic philosophy set in that cut taxes, deregulated finance, and trimmed social spending. Those policies set in motion a process that greatly expanded the power of financial interests to accelerate inequality. But how exactly does that happen? Using over 120 easy-to-understand charts and graphs, Runaway Inequality explains the process by which corporation after corporation falls victim to systematic wealth extraction by banks, private equity firms, and hedge funds. It reveals how financial strip-mining puts enormous downward pressure on jobs, wages, benefits, and working conditions, while boosting the incomes of financial elites. But Runaway Inequality does more than make sense of our economic plight. It also shows why virtually all the key issues that we face―from climate change to the exploding prison population―are intimately connected to rising economic inequality. Most importantly, Runaway Inequality calls upon us to build a common movement to tackle the sources of increasing income and wealth inequality. As the author makes clear, the problem will not cure itself. It will take enormous energy and dedication to bring economic justice and fairness back to American society. The book is divided into four parts: Part I: What is the fundamental cause of runaway economic inequality? What has made our economy less fair and left most of us less secure? Part II: How does the United States really compare with other major developed countries? How do we stack up on quality of life, health, and well-being? Part III: What does economic inequality have to do with so many of the critical issues we face, including taxes, debt, education, criminal justice, racism, climate change, foreign trade, and war? Part IV: What concrete steps can we take to begin building a fair and just society? This revised and updated third edition includes a new preface by the author, additional information on how climate change affects and is affected by inequality, a new section on the Trump tax bill and how it will impact inequality, and over 75 charts and graphs that have been revised and updated.



Runaway Inequality

Runaway Inequality Author Les Leopold
ISBN-10 0692436308
Release 2015-09-15
Pages 320
Download Link Click Here

Runaway inequality is now America’s most critical economic fact of life. In 1970, the ratio of pay between the top 100 CEOs and the average worker was 45 to 1. Today it is a shocking 829 to one! During that time a new economic philosophy set in that cut taxes, deregulated finance, and trimmed social spending. Those policies set in motion a process that greatly expanded the power of financial interests to accelerate inequality. But how exactly does that happen? Using easy-to-understand charts and graphs, Runaway Inequality explains the process by which corporation after corporation falls victim to systematic wealth extraction by banks, private equity firms, and hedge funds. It reveals how financial strip-mining puts enormous downward pressure on jobs, wages, benefits, and working conditions, while boosting the incomes of financial elites. But Runaway Inequality does more than make sense of our economic plight. It also shows why virtually all the key issues that we face—from climate change to the exploding prison population—are intimately connected to rising economic inequality. Most importantly, Runaway Inequality calls upon us to build a common movement to tackle the sources of increasing income and wealth inequality. As the author makes clear, the problem will not cure itself. It will take enormous energy and dedication to bring economic justice and fairness back to American society. The book is divided into four parts: Part I: What is the fundamental cause of runaway economic inequality? What has made our economy less fair and left most of us less secure? Part II: How does the United States really compare with other major developed countries? How do we stack up on quality of life, health, and well-being? Part III: What does economic inequality have to do with so many of the critical issues we face, including taxes, debt, education, criminal justice, racism, climate change, foreign trade, and war? Part IV: What concrete steps can we take to begin building a fair and just society? From the book: “There is nothing in the economic universe that will automatically rescue us from runaway inequality. There is no pendulum, no invisible political force that ‘naturally’ will swing back towards economic fairness. Either we wage a large-scale battle for economic, social, and environmental justice, or we will witness the continued deterioration of the world we inhabit. The arc of capitalism does not bend towards justice. We must bend it.”



How to Make a Million Dollars an Hour

How to Make a Million Dollars an Hour Author Les Leopold
ISBN-10 1118239245
Release 2013-01-29
Pages 272
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Introducing readers to the wild side of fantasy finance where they can decide whether or not the million-an-hour crowd produces anything positive for society and the economy, this 12-step guide shows how to bankrupt your morality to accumulate vast riches the way hedge fund managers do.



The Looting of America

The Looting of America Author Les Leopold
ISBN-10 9781603582223
Release 2009-06-02
Pages 240
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How could the best and brightest (and most highly paid) in finance crash the global economy and then get us to bail them out as well? What caused this mess in the first place? Housing? Greed? Dumb politicians? What can Main Street do about it? In The Looting of America, Leopold debunks the prevailing media myths that blame low-income home buyers who got in over their heads, people who ran up too much credit-card debt, and government interference with free markets. Instead, readers will discover how Wall Street undermined itself and the rest of the economy by playing and losing at a highly lucrative and dangerous game of fantasy finance. He also asks some tough questions: Why did Americans let the gap between workers' wages and executive compensation grow so large? Why did we fail to realize that the excess money in those executives' pockets was fueling casino-style investment schemes? Why did we buy the notion that too-good-to-be-true financial products that no one could even understand would somehow form the backbone of America's new, postindustrial economy? How do we make sure we never give our wages away to gamblers again? And what can we do to get our money back? In this page-turning narrative (no background in finance required) Leopold tells the story of how we fell victim to Wall Street's exotic financial products. Readers learn how even school districts were taken in by "innovative" products like collateralized debt obligations, better known as CDOs, and how they sucked trillions of dollars from the global economy when they failed. They'll also learn what average Americans can do to ensure that fantasy finance never rules our economy again. As the country teeters on the brink of what could be the next Great Depression, we should be especially wary of the so-called financial experts who got us here, and then conveniently got themselves out. So far, it appears they've won the battle, but The Looting of America refuses to let them write the history--or plan its aftermath.



The Man Who Hated Work and Loved Labor

The Man Who Hated Work and Loved Labor Author Les Leopold
ISBN-10 1603580719
Release 2007-11-14
Pages 540
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A CIA-connected labor union, an assassination attempt, a mysterious car crash, listening devices, and stolen documents--everything you'd expect from the latest thriller. Yet, this was the reality of Tony Mazzocchi, the Rachel Carson of the U.S. workplace; a dynamic labor leader whose legacy lives on in today's workplaces and ongoing alliances between labor activists and environmentalists, and those who believe in the promise of America. In The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi, author and labor expert Les Leopold recounts the life of the late Oil, Chemical, and Atomic Workers Union leader. Mazzocchi's struggle to address the unconscionable toxic exposure of tens of thousands of workers led to the passage of the Occupational Safety and Health Act and included work alongside nuclear whistleblower Karen Silkwood. His noble, high-profile efforts forever changed working conditions in American industry--and made him enemy number one to a powerful few. As early as the 1950s, when the term "environment" was nowhere on the political radar, Mazzocchi learned about nuclear fallout and began integrating environmental concerns into his critique of capitalism and his union work. An early believer in global warming, he believed that the struggle of capital against nature was the irreconcilable contradiction that would force systemic change. Mazzocchi's story of non-stop activism parallels the rise and fall of industrial unionism. From his roots in a pro-FDR, immigrant family in Bensonhurst, Brooklyn, through McCarthyism, the Sixties, and the surge of the environmental movement, Mazzocchi took on Corporate America, the labor establishment and a complacent Democratic Party. This profound biography should be required reading for those who believe in taking risks and making the world a better place. While Mazzocchi's story is so full of peril and deception that it seems almost a work of fiction, Leopold proves that the most provocative and lasting stories in life are those of real people.



Who Stole the American Dream

Who Stole the American Dream Author Hedrick Smith
ISBN-10 9780812982053
Release 2013
Pages 579
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Recounts how the American dream has been dismantled over the past forty years by legislative, electoral, and corporate decisions that have compromised the middle class and minimized individual economic and political power.



The Broken Ladder

The Broken Ladder Author Keith Payne
ISBN-10 9780698409378
Release 2017-05-02
Pages 256
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A timely examination by a leading scientist of the physical, psychological, and moral effects of inequality. Today’s inequality is on a scale that none of us has seen in our lifetimes, yet this disparity between rich and poor has ramifications that extend far beyond mere financial means. In The Broken Ladder psychologist Keith Payne examines how inequality divides us not just economically, but has profound consequences for how we think, how our cardiovascular systems respond to stress, how our immune systems function, and how we view moral ideas like justice and fairness. Experiments in psychology, neuroscience, and behavioral economics have not only revealed important new insights on how inequality changes people in predictable ways, but have provided a corrective to our flawed way of viewing poverty as the result of individual character failings. Among modern, developed societies, economic inequality is not primarily about money, but rather about relative status: where we stand in relation to other people. Regardless of their average income, countries or states with greater levels of income inequality have much higher rates of all the social problems we associate with poverty, including lower average life expectancies, serious health issues, mental illness, and crime. The Broken Ladder explores such issues as why women in poor societies often have more children, and have them younger; why there is little trust among the working class that investing for the future will pay off; why people’s perception of their relative social status affects their political beliefs, and why growing inequality leads to greater political divisions; how poverty raises stress levels in the same way as a physical threat; inequality in the workplace, and how it affects performance; why unequal societies become more religious; and finally offers measures people can take to lessen the harm done by inequality in their own lives and the lives of their children.



Social Problems

Social Problems Author Eric Bonds
ISBN-10 9781317816072
Release 2014-06-05
Pages 115
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This short book lays out a new definition for what constitutes a social problem: the violation of a group’s human rights, which are understood as commonly upheld standards about what people deserve and should be protected from in life. Evaluating U.S. society from an international human rights perspective, Bonds also stresses that human rights are necessarily political and can therefore never be part of a purely objective exercise to assess wellbeing in a particular society. His approach recognizes that there is no one single interpretation of what rights mean, and that different groups with differing interests are going to promote divergent views, some better than others. This book is ideal for undergraduate sociology courses on social problems, as well as courses on social justice and human rights.



Inequality

Inequality Author Anthony B. Atkinson
ISBN-10 9780674287037
Release 2015-05-11
Pages 398
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Inequality and poverty have returned with a vengeance in recent decades. To reduce them, we need fresh ideas that move beyond taxes on the wealthy. Anthony B. Atkinson offers ambitious new policies in technology, employment, social security, sharing of capital, and taxation, and he defends them against the common arguments and excuses for inaction.



Creating the American State

Creating the American State Author Richard Stillman
ISBN-10 0817312099
Release 2002-05
Pages 224
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In this illuminating and provocative study, Stillman provides a new understanding of the foundation of the American state. Whether renewing a driver's license, traveling on an airplane, or just watching in fascination as a robot probes Mars, we all participate in the everyday workings of the modern administrative state. As Stillman demonstrates in this study, however, we have not, until now, fully investigated or appreciated this administrative stateÕs origins or its evolution into the entity that so affects our lives today. Stillman reveals that this modern enterprise emerged from a complex foundation of ideas and ideals rather than as a result of a simple, rational plan or cataclysmic event, as previously contended. In fact, he finds that the basis for our current administrative state lies in the lives of the seven individuals who, during the late 19th and early 20th centuries, invented its various elements. Stillman also finds that although they lived at different times, these seven founders-George William Curtis, Charles Francis Adams, Jr., Emory Upton, Jane Addams, Frederick W. Taylor, Richard Childs, and Louis Brownlow-had much in common: all were products of intensely Protestant, small-town America, and all were motivated by strong moral idealism. Indeed, Stillman finds that state making in the United States has been a continuation of the Protestant goal to "protest and purify." Some names are more recognizable than others, but all, through remarkable moral fervor and exceptional leadership skills, invented the administrative practices and procedures so familiar today.



Divided

Divided Author David Cay Johnston
ISBN-10 9781620970850
Release 2015-08-04
Pages 324
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"The issue of inequality has irrefutably returned to the fore, riding on the anger against Wall Street following the 2008 financial crisis and the concentration of economic and political power in the hands of the super-rich. The Occupy movement made the plight of the 99 percent an indelible part of the public consciousness, and concerns about inequality were a decisive factor in the 2012 presidential elections. How bad is it? According to Pulitzer Prize-winning journalist David Cay Johnston, most Americans, in inflation-adjusted terms, are now back to the average income of 1966. Shockingly, from 2009 to 2011, the top 1 percent got 121 percent of the income gains while the bottom 99 percent saw their income fall. Yet in this most unequal of developed nations, every aspect of inequality remains hotly contested and poorly understood. Divided collects the writings of leading scholars, activists, and journalists to provide an illuminating, multifaceted look at inequality in America, exploring its devastating implications in areas as diverse as education, justice, health care, social mobility, and political representation. Provocative and eminently readable, here is an essential resource for anyone who cares about the future of America--and compelling evidence that inequality can be ignored only at the nation's peril. "--



Winner Take All Politics

Winner Take All Politics Author Jacob S. Hacker
ISBN-10 9781416588702
Release 2010
Pages 357
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Analyzes the growing divide between the incomes of the wealthy class and those of middle-income Americans, exonerating popular suspects to argue that the nation's political system promotes greed and under-representation.



Between the World and Me

Between the World and Me Author Ta-Nehisi Coates
ISBN-10 9780679645986
Release 2015-07-14
Pages 176
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Hailed by Toni Morrison as “required reading,” a bold and personal literary exploration of America’s racial history by “the single best writer on the subject of race in the United States” (The New York Observer) #1 NEW YORK TIMES BESTSELLER | NATIONAL BOOK AWARD WINNER | NAACP IMAGE AWARD WINNER | PULITZER PRIZE FINALIST | NATIONAL BOOK CRITICS CIRCLE AWARD FINALIST | NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY The New York Times Book Review • O: The Oprah Magazine • The Washington Post • People • Entertainment Weekly • Vogue • Los Angeles Times • San Francisco Chronicle • Chicago Tribune • New York • Newsday • Library Journal • Publishers Weekly In a profound work that pivots from the biggest questions about American history and ideals to the most intimate concerns of a father for his son, Ta-Nehisi Coates offers a powerful new framework for understanding our nation’s history and current crisis. Americans have built an empire on the idea of “race,” a falsehood that damages us all but falls most heavily on the bodies of black women and men—bodies exploited through slavery and segregation, and, today, threatened, locked up, and murdered out of all proportion. What is it like to inhabit a black body and find a way to live within it? And how can we all honestly reckon with this fraught history and free ourselves from its burden? Between the World and Me is Ta-Nehisi Coates’s attempt to answer these questions in a letter to his adolescent son. Coates shares with his son—and readers—the story of his awakening to the truth about his place in the world through a series of revelatory experiences, from Howard University to Civil War battlefields, from the South Side of Chicago to Paris, from his childhood home to the living rooms of mothers whose children’s lives were taken as American plunder. Beautifully woven from personal narrative, reimagined history, and fresh, emotionally charged reportage, Between the World and Me clearly illuminates the past, bracingly confronts our present, and offers a transcendent vision for a way forward. Praise for Between the World and Me “Powerful . . . a searing meditation on what it means to be black in America today.”—Michiko Kakutani, The New York Times “Eloquent . . . in the tradition of James Baldwin with echoes of Ralph Ellison’s Invisible Man . . . an autobiography of the black body in America.”—The Boston Globe “Brilliant . . . [Coates] is firing on all cylinders.”—The Washington Post “Urgent, lyrical, and devastating . . . a new classic of our time.”—Vogue “A crucial book during this moment of generational awakening.”—The New Yorker “Titanic and timely . . . essential reading.”—Entertainment Weekly



White Fragility

White Fragility Author Robin DiAngelo
ISBN-10 9780807047415
Release 2018
Pages 192
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Explores counterproductive reactions white people have when discussing racism that serve to protect their positions and maintain racial inequality



The Hate U Give

The Hate U Give Author Angie Thomas
ISBN-10 9780062498557
Release 2017-02-28
Pages 464
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8 starred reviews ∙ William C. Morris Award Winner ∙ National Book Award Longlist ∙ Printz Honor Book ∙ Coretta Scott King Honor Book ∙ #1 New York Times Bestseller! "Absolutely riveting!" —Jason Reynolds "Stunning." —John Green "This story is necessary. This story is important." —Kirkus (starred review) "Heartbreakingly topical." —Publishers Weekly (starred review) "A marvel of verisimilitude." —Booklist (starred review) "A powerful, in-your-face novel." —Horn Book (starred review) Sixteen-year-old Starr Carter moves between two worlds: the poor neighborhood where she lives and the fancy suburban prep school she attends. The uneasy balance between these worlds is shattered when Starr witnesses the fatal shooting of her childhood best friend Khalil at the hands of a police officer. Khalil was unarmed. Soon afterward, his death is a national headline. Some are calling him a thug, maybe even a drug dealer and a gangbanger. Protesters are taking to the streets in Khalil’s name. Some cops and the local drug lord try to intimidate Starr and her family. What everyone wants to know is: what really went down that night? And the only person alive who can answer that is Starr. But what Starr does—or does not—say could upend her community. It could also endanger her life. And don't miss On the Come Up, Angie Thomas's powerful follow-up to The Hate U Give.



Capitalism 3 0

Capitalism 3 0 Author Peter Barnes
ISBN-10 9781626563933
Release 2006-10-15
Pages 216
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The commons — those creations of nature and society we inherit together and must preserve for our children — is under siege. Our current version of capitalism — the corporate, globalized version 2.0 — is rapidly squandering this heritage. Now, Peter Barnes offers a solution: protect the commons by giving it property rights and strong institutional managers. Barnes shows how capitalism — like a computer — is run by an operating system. Our current operating system gives too much power to profit-maximizing corporations that devour the commons and distribute most of their profits to a sliver of the population. And government — which in theory should defend the commons — is all too often a tool of those very corporations. Barnes proposes a revised operating system — Capitalism 3.0 — that protects the commons while preserving the many strengths of capitalism as we know it. His major innovation is the commons trust, a market based legal entity with the power to limit the use of scare commons, charge rent, and pay dividends — in both cash and services — to everyone. In Barnes' vision, an array of commons trusts would institutionalize our obligations to future generations, fellow citizens, and nature. Once established, they'd use markets and property rights to create a better world for us all. Capitalism 3.0 offers a practical alternative to our current flawed economic system. It points the way to a future in which we can retain capitalism's virtues while mitigating its vices.



Runaway World

Runaway World Author Anthony Giddens
ISBN-10 9781847651037
Release 2011-05-26
Pages 140
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'Before the current global era it is impossible to imagine that comparable events [like September 11] could have occurred, reflecting as they do our new-found interdependence. The rise of global terrorism, like world-wide networks involving in money-laundering, drug-running and other forums of organised crime, are all parts of the dark side of globalisation.' From the new Preface This book is based on the highly influential BBC Reith lecture series on globalisation delivered in 1999 by Anthony Giddens. Now updated with a new chapter addressing the post-September 11th global landscape, this book remains the intellectual benchmark on how globalisation is reshaping our lives. The changes are explored in five main chapters: * Globalisation * Risk * Tradition * Family * Democracy.