The Vanishing Middle Class
Bibliographic Data
| ID | 23799345 |
|---|---|
| Authors | Peter Temin (0000-0001-8132-563X, corresponding author) |
| Year | 2018 |
| Publication date | 2018-01-18 |
| Open Access | Yes |
| Type | BOOK |
| Venue | The vanishing middle class (SOURCE_BOOK) |
| Publisher | The MIT Press (PUBLISHER • US) |
| DOI | 10.7551/mitpress/9780262036160.001.0001 |
| OpenAlex | W2791551477 |
| ISBN | 9780262036160 |
| Language | EN |
| Citations received | 26 |
This book analyses the American economy in the twenty-first century as a dual economy in the spirit of W. Arthur Lewis. Adapting the subsistence and capitalist sectors characterized by Lewis, the American dual economy contains a low-wage sector and a FTE (Finance, Technology, and Electronics) sector. The transition from the low-wage to the FTE sector is through education, which is becoming increasingly difficult for members of the low-wage sector because the FTE sector largely abandoned the American tradition of quality public schools and universities. Policy debates about public education and other policies that serve the low-wage sector often characterize members of the low-wage sector as black even though the low-wage sector is largely white. The model of a modern dual economy and the American history of race relations explain difficulties in both current politics and governmental actions in criminal justice, education, infrastructure and household debts.
Debt · Dual economy · Economic growth · Economics · Economy · Geography · Labour economics · Market economy · Middle class · Political economy · Political science · Politics · Private sector · Public sector · Subsistence agriculture · Wage · Economic Theory and Policy · Finance · Law · Political Economy and Marxism
Exploring the squeezed middle
The Relationship Between Education and Health
Religious entrepreneurial communities as a solution for socioeconomic injustice
Discontent and its geographies
Lance Taylor (1940–2022), A Structuralist and Worldly Philosopher of Our Times
Precarity and Development
The Precariat Class Structure and Income Inequality among US Workers
Leadership turnover, winning coalition size and foreign policy realignment
Hidden Dramas of Masculinity
Celso Furtado and the Myth of Economic Development
The Roots of Right-Wing Populism
Finance and Intangibles in American Economic Growth
The New Normal
Transition and Labour in the United States
The Great Resignation in the United States
Ideal and aspiring citizens
Class and Immiseration Illustrated
Pandemic, informality, and vulnerability
Balibar, citizenship, and the return of right populism
Where do profits and jobs come from? Employment and distribution in the US economy
Taxes and industrial structure
Assessing regional convergence of the size of middle classes in Euro-Mediterranean countries
Late home ownership and social re-stratification
Foundations in the United States
The dual economy, climate change, and the polarization of American politics
The Dual States of America
| Unique citing works | 26 |
|---|---|
| Citations per year | 2,89 |
| Citation span | 2017 - 2026 (10) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 25 |