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Trends in Income Distribution

Matthew P. Drennan

in Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.003.0002
Subject:
Political Science, Public Policy

Labor’s declining share of national income. Rise of the one percent among wage earners. Disconnect between productivity growth and wage growth post 1980. Stagnant incomes for most households.


American Oligarchy: The Permanent Political Class

Ron Formisano

Published in print:
2017
Published Online:
May 2018
ISBN:
9780252041273
eISBN:
9780252099878
Item type:
book
Publisher:
University of Illinois Press
DOI:
10.5622/illinois/9780252041273.001.0001
Subject:
Sociology, Social Stratification, Inequality, and Mobility

Almost all studies of the nation’s extreme inequality of income and wealth have overlooked a critical, overarching cause of the creation of The New Gilded Age. The permanent political class has ... More


Beyond Plutocracy: Becoming an Aristocracy

Ron Formisano

in American Oligarchy: The Permanent Political Class

Published in print:
2017
Published Online:
May 2018
ISBN:
9780252041273
eISBN:
9780252099878
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5622/illinois/9780252041273.003.0001
Subject:
Sociology, Social Stratification, Inequality, and Mobility

Across the political spectrum many observers of Washington, D.C., have recognized the existence of a self-perpetuating and self-aggrandizing political class. But the phenomenon extends well beyond ... More


Preferences of the Very Rich

Peter Temin

in The Vanishing Middle Class: Prejudice and Power in a Dual Economy

Published in print:
2017
Published Online:
January 2018
ISBN:
9780262036160
eISBN:
9780262339988
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262036160.003.0007
Subject:
Business and Management, Political Economy

This chapter surveys the political views of the top one percent of the population, the top one percent of the top one percent, and the top one percent of the top one percent of the top one percent. ... More


Our One Percent Government, Congress, and Its Adjuncts: The Way to Wealth

Ron Formisano

in American Oligarchy: The Permanent Political Class

Published in print:
2017
Published Online:
May 2018
ISBN:
9780252041273
eISBN:
9780252099878
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5622/illinois/9780252041273.003.0003
Subject:
Sociology, Social Stratification, Inequality, and Mobility

Most members of Congress are now millionaires; for all “serving” in Congress enables most to live like millionaires. The affluence of many members of the political class causes them to lose ... More


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