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| Economic Apartheid In America: A Primer on Economic Inequality & Insecurity, Revised and Updated Edition | 
enlarge | Authors: Chuck Collins, Felice Yeskel, Class Action Creator: United For A Fair Economy Publisher: New Press Category: Book
List Price: $18.95 Buy New: $11.31 You Save: $7.64 (40%)
Buy New/Used from $8.15
Avg. Customer Rating:   (2 reviews) Sales Rank: 38201
Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Edition: Rev Upd Number Of Items: 1 Pages: 240 Shipping Weight (lbs): 1.2 Dimensions (in): 9.3 x 7.5 x 0.8
ISBN: 1595580158 Dewey Decimal Number: 330.973 EAN: 9781595580153 ASIN: 1595580158
Publication Date: October 17, 2005 Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description Revised following the 2004 presidential election, a graphic portrait of the growing gap between the rich and everyone else in America.
? In 1968, African Americans earned 55 cents for every dollar of white income. At the current pace, it would take 581 years for African Americans to achieve income parity. ? States including Alabama, Tennessee, and Virginia tax food and basic needs at a higher rate than income from investments. ? Welfare for very low income people totaled $193 billion in 2004. Aid to "dependent corporations" exceeded $800 billion.
This updated edition of the widely touted Economic Apartheid in America looks at the causes and manifestations of wealth disparities in the United States, including tax policy in light of the 2001 and 2003 tax cuts and recent corporate scandals.
Published with two leading organizations dedicated to addressing economic inequality, the book looks at recent changes in income and wealth distribution and examines the economic policies and shifts in power that have fueled the growing divide.
Praised by Sojurners as "a clear blueprint on how to combat growing inequality," Economic Apartheid in America provides "much-needed groundwork for more democratic discussion and participation in economic life" (Tikkun). With "a wealth of eye-opening data" (The Beacon) focusing on the decline of organized labor and civic institutions, the battle over global trade, and the growing inequality of income and wages, it argues that most Americans are shut out of the discussion of the rules governing their economic lives.
Accessible and engaging and illustrated throughout with charts, graphs, and political cartoons, the book lays out a comprehensive plan for action. Charts, graphs, and black-and-white illustrations throughout.
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| Customer Reviews:
  More of a primer July 11, 2007 0 out of 4 found this review helpful
This book isn't bad. But the content makes it difficult to be entertaining. I would compare it to a college freshmen economic textbook. But it's not just boring text. There are interesting graphs and charts. And even some lame cartoons. But it's done very well and has some excellent commentary. It's almost entertaining. But again, it's tough to sit down and actually read content about labor unions and minimum wage and stay excited. But as far as the books that I've seen or read that paint a big picture of our economy and it's current state . . . this is the best.
  Informative, important, and easy to read April 17, 2007 4 out of 5 found this review helpful
Co-authors Chuck Collins and Felice Yeskel discuss the widening gap between America's rich and poor, and why it's in our interest to pay attention.
With clarity and conviction, Economic Apartheid In America details the reasons for this country's increasing disparity between the wealthiest and everyone else. It begins with a discussion of the societal risks economic inequality poses, including a decrease in family security, threats to our democratic institutions, and the decay of social cohesion. The book indicates that families in all but the highest earning brackets face declining real incomes, increasing personal debt, a virtual disappearance in both retirement and personal savings, and unavailable or unaffordable health care coverage. In addition, education and child care costs are on the rise and the federal minimum wage is so outdated it can no longer realistically keep a family of four above the poverty line.
The authors explain how high concentrations of wealth place excessive power in the hands of too few, primarily through political influence and corporate disenfranchisement of workers. This has resulted in an uneven playing field on which the wealthiest individuals and corporations enjoy higher income, numerous tax breaks, and greater returns on investment, while the poorest are expected to bear higher living costs, declining income, and an ever-increasing tax burden. The book also discusses the persistent disparities in earning power for minorities and women.
Collins and Yeskel point out that it wasn't always this way. In the post World War II era families in every income bracket enjoyed comparably sized increases in earnings, allowing a more even distribution of wealth and, with the notable exceptions of women and minorities, a greater level of overall prosperity. Now, in the post-Reagan era of globalization and the proliferation of "free-market capitalism," corporations have compromised wage-earner security through downsizing, outsourcing, and excessive executive compensation.
The book admonishes readers to effect change through the use of grassroots organizing efforts, the support of political leaders who favor limits on corporate welfare and an increase in the minimum wage, the reinvigoration of unionized labor, and the creation/adaptation of government social services that support working families. In addition, several strategies, from socially responsible investing to publicly funded elections, are offered as methods to close the economic divide.
Other notable topics discussed in the book include the Federal Reserve's over-aversion to inflation, the abuse of commonwealth resources, a cultural shift towards greed and consumerism, and the perpetuation of class divide via intergenerational retention of wealth. While at times the book suffers from a tone of activist desperation, overall it offers an informed summation and practical solutions for a critical issue facing society.
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