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A New Contract with the Middle Class

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Release : 2020-10-06
Genre : Business & Economics
Kind : eBook
Book Rating : 133/5 ( reviews)

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Book Synopsis A New Contract with the Middle Class by : Richard V. Reeves

Download or read book A New Contract with the Middle Class written by Richard V. Reeves. This book was released on 2020-10-06. Available in PDF, EPUB and Kindle. Book excerpt: A better future for the middle class is no longer an aspiration. It is a necessity. The disintegration of the American Dream is more visible than ever before. The understanding—the contract—that existed between individuals willing to work and contribute and a society willing to support those individuals when they needed it is falling apart. Now is the time to draft a new contract with America's middle class. One that rewards work and service, improves upward mobility, and reduces inequality. In A New Contract with the Middle Class Brookings senior fellows Isabel Sawhill and Richard Reeves outline the foundations of what that new contract should be, based on discussions they had across the country with middle-class Americans. Sawhill and Reeves' recommendations provide solutions to issues that came up time and time again in these conversations: money, time, relationships, health, and respect. Some of the bold recommendations included in A New Contract with the Middle Class: • Eliminate virtually all income taxes paid by the middle class. • Raise the minimum wage and subsidize wages below the median with a worker tax credit. • Offer scholarships for those who undertake at least a year of national service. • Ensure four weeks of paid leave per year. • Align school and working hours and boost child care to help working parents. America is only as strong as the American middle-class. A New Contract with the Middle Class proposes a new way forward.

Social Contracts Under Stress

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Release : 2002-03-14
Genre : Political Science
Kind : eBook
Book Rating : 724/5 ( reviews)

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Book Synopsis Social Contracts Under Stress by : Olivier Zunz

Download or read book Social Contracts Under Stress written by Olivier Zunz. This book was released on 2002-03-14. Available in PDF, EPUB and Kindle. Book excerpt: The years following World War II saw a huge expansion of the middle classes in the world's industrialized nations, with a significant part of the working class becoming absorbed into the middle class. Although never explicitly formalized, it was as though a new social contract called for government, business, and labor to work together to ensure greater political freedom and more broadly shared economic prosperity. For the most part, they succeeded. In Social Contracts Under Stress, eighteen experts from seven countries examine this historic transformation and look ahead to assess how the middle class might fare in the face of slowing economic growth and increasing globalization. The first section of the book focuses on the differing experiences of Germany, Britain, France, the United States, and Japan as they became middle-class societies. The British working classes, for example, were slowest to consider themselves middle class, while in Japan by the 1960s, most workers had abandoned working-class identity. The French remain more fragmented among various middle classes and resist one homogenous entity. Part II presents compelling evidence that the rise of a huge middle class was far from inclusive or free of social friction. Some contributors discuss how the social contract reinforced long-standing prejudices toward minorities and women. In the United States, Ira Katznelson writes, Southern politicians used measures that should have promoted equality, such as the GI bill, to exclude blacks from full access to opportunity. In her review of gender and family models, Chiara Saraceno finds that Mediterranean countries have mobilized the power of the state to maintain a division of labor between men and women. The final section examines what effect globalization might have on the middle class. Leonard Schoppa's careful analysis of the relevant data shows how globalization has pushed "less skilled workers down and more skilled workers up out of a middle class that had for a few decades been home to both." Although Europe has resisted the rise of inequality more effectively than the United States or Japan, several contributors wonder how long that resistance can last. Social Contracts Under Stress argues convincingly that keeping the middle class open and inclusive in the face of current economic pressures will require a collective will extending across countries. This book provides an invaluable guide for assessing the issues that must be considered in such an effort.

What We Owe Each Other

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Release : 2022-08-23
Genre : Business & Economics
Kind : eBook
Book Rating : 64X/5 ( reviews)

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Book Synopsis What We Owe Each Other by : Minouche Shafik

Download or read book What We Owe Each Other written by Minouche Shafik. This book was released on 2022-08-23. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

The Coming Class War and How to Avoid it

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Release : 2016-09-16
Genre : Political Science
Kind : eBook
Book Rating : 955/5 ( reviews)

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Book Synopsis The Coming Class War and How to Avoid it by : Paul E Peterson

Download or read book The Coming Class War and How to Avoid it written by Paul E Peterson. This book was released on 2016-09-16. Available in PDF, EPUB and Kindle. Book excerpt: A clear, accessible analysis of the worsening distribution of income and wealth in America.

Cradle of the Middle Class

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Release : 1981
Genre : History
Kind : eBook
Book Rating : 036/5 ( reviews)

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Book Synopsis Cradle of the Middle Class by : Mary P. Ryan

Download or read book Cradle of the Middle Class written by Mary P. Ryan. This book was released on 1981. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 1981 Bancroft Prize. Focusing primarily on the middle class, this study delineates the social, intellectual and psychological transformation of the American family from 1780-1865. Examines the emergence of the privatized middle-class family with its sharp division of male and female roles.

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