Read The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World)

The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World)

Robert B. Williams

4.9/5 (23907 ratings)

Description:The American Dream is under assault. This threat results not from a lack of means, but from an unwillingness to share. Total household wealth increased by half in the past generation, but barely one fifth of American households captured this new wealth. For the rest, the dream of owning a home, gaining a secure retirement, and ensuring a college education for their kids is disappearing. Worse still, the widening wealth divide largely tracks our racial fault lines. The Privileges of Wealth investigates the impact of the rising concentration of wealth. It describes how households accumulate wealth along three pathways: household saving, appreciation of assets, and family gifts and inheritances. In addition, federal wealth policies, in the form of assorted tax deductions and credits, act as a fourth pathway that favors wealthy households. For those with means, each pathway operates as a virtuous cycle enabling families to build wealth with increasing ease. For those without, these same pathways are experienced as vicious cycles.The issue of wealth privilege is even more pronounced when examining the racial wealth gap. Typically, White households own ten times the wealth of Black or Latino families. This chasm results from the durability and transferability of wealth across generations and serves as a persistent legacy of our history of racial enslavement, expropriation, and exclusion. Current policies favoring the wealthy are simply cementing these wealth disparities.This book explains how these sources of wealth privilege are systemic features of our economy and the basis of rising disparities. The arguments and evidence presented here offer a compelling case for how our current policies are undermining the American Dream for most Americans while fortifying a White plutocracy, with dire consequences for us all.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World). To get started finding The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 1315395568

Description: The American Dream is under assault. This threat results not from a lack of means, but from an unwillingness to share. Total household wealth increased by half in the past generation, but barely one fifth of American households captured this new wealth. For the rest, the dream of owning a home, gaining a secure retirement, and ensuring a college education for their kids is disappearing. Worse still, the widening wealth divide largely tracks our racial fault lines. The Privileges of Wealth investigates the impact of the rising concentration of wealth. It describes how households accumulate wealth along three pathways: household saving, appreciation of assets, and family gifts and inheritances. In addition, federal wealth policies, in the form of assorted tax deductions and credits, act as a fourth pathway that favors wealthy households. For those with means, each pathway operates as a virtuous cycle enabling families to build wealth with increasing ease. For those without, these same pathways are experienced as vicious cycles.The issue of wealth privilege is even more pronounced when examining the racial wealth gap. Typically, White households own ten times the wealth of Black or Latino families. This chasm results from the durability and transferability of wealth across generations and serves as a persistent legacy of our history of racial enslavement, expropriation, and exclusion. Current policies favoring the wealthy are simply cementing these wealth disparities.This book explains how these sources of wealth privilege are systemic features of our economy and the basis of rising disparities. The arguments and evidence presented here offer a compelling case for how our current policies are undermining the American Dream for most Americans while fortifying a White plutocracy, with dire consequences for us all.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World). To get started finding The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World)

The Privileges of Wealth: Rising inequality and the growing racial divide (Economics in the Real World)

More Books

Ice Fortress (A Jack Coulson Thriller Book 1)

Ice Fortress (A Jack Coulson Thriller Book 1)

The Judas Conspiracy

The Judas Conspiracy

Radio Free Dixie: Robert F. Williams and the Roots of Black Power

Radio Free Dixie: Robert F. Williams and the Roots of Black Power

American and British Claims Arbitration Fiji Land Claims Of} George Rodney Burt, Benson Robert Henry, John B. Williams Isaac M. Brower

American and British Claims Arbitration Fiji Land Claims Of} George Rodney Burt, Benson Robert Henry, John B. Williams Isaac M. Brower

Robert B. Williams

Robert B. Williams

Negroes with Guns

Negroes with Guns

The Oxford Book of English Ghost Stories

The Oxford Book of English Ghost Stories

Brother's Keeper (Jess Williams, #2)

Brother's Keeper (Jess Williams, #2)

The Burning (Jess Williams, #4)

The Burning (Jess Williams, #4)