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The shrinking American middle classthe social and cultural implications of growing inequality /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The shrinking American middle classJoseph Dillon Davey.
Reminder of title:	the social and cultural implications of growing inequality /
Author:	Davey, Joseph Dillon.
Published:	New York, NY :Palgrave Macmillan,c2012.
Description:	1 online resource (200 p.)
Subject:	Income distributionUnited States.
Subject:	United States
Online resource:	https://link.springer.com/book/10.1057/9781137295071
ISBN:	9781137295071 (electronic bk.)

The shrinking American middle classthe social and cultural implications of growing inequality /
Davey, Joseph Dillon.

The shrinking American middle classthe social and cultural implications of growing inequality /[electronic resource] :Joseph Dillon Davey. - New York, NY :Palgrave Macmillan,c2012. - 1 online resource (200 p.)

Includes bibliographical references.

Income distribution and social justice -- The dangers of growing inequality -- How did this happen? -- Problems with outsourcing offshore -- The Chinese juggernaut: how did they get where they are? -- Problems facing China -- India: English speakers and a demographic dividend -- The suggested solutions? The myth of educational reform -- Inequality in a globalized economy -- Slowing down the shrinkage -- Political reform and progressive taxation can reduce inequality.

The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.

ISBN: 9781137295071 (electronic bk.)

Standard No.: 9786613954251

Source: 583508Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

235995
Income distribution
--United States.Subjects--Geographical Terms:

236377
United States
Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HC110.I5 / D377 2012eb (Online)

Dewey Class. No.: 305.5/50973

The shrinking American middle classthe social and cultural implications of growing inequality /
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505 0 $a Income distribution and social justice -- The dangers of growing inequality -- How did this happen? -- Problems with outsourcing offshore -- The Chinese juggernaut: how did they get where they are? -- Problems facing China -- India: English speakers and a demographic dividend -- The suggested solutions? The myth of educational reform -- Inequality in a globalized economy -- Slowing down the shrinkage -- Political reform and progressive taxation can reduce inequality.
520 $a The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.
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