Language : English
Published : 2018-03-09
Pages : 288
The Vanishing Middle Class: Prejudice and Power in a Dual Economy
Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country — substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other — black, Latino, not like “us.” Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.
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This book is an adaptation of existing book on Managerial Economics published earlier by UOP US. This edition brings the presentation up-to-date with several new topics and local realities which make the text especially relevant for undergraduate students. The text uses the theory of the firm to integrate and link economic theories, decision sciences and various aspects of business administration studies and shows how all these topics are crucial components of managerial decision making
- Complete coverage of topics usually encountered in actual managerial decision making process
- Real local and world case studies
- Updated and expanded chapter-end references
- Exercises and appendices at the end of chapters
- Appendix elaborates the use of Microsoft Excel for simple and multiple regression analyses
This book is tailored for introductory courses on the Malaysian economy. Spanning eight chapters, the content focuses on the fundamental knowledge of the local economy. Discussions include the history and development of the Malaysia economy, and the various economic sectors of Malaysia. Also, Islamic perspectives have been included throughout the book, giving it a strong local flavour.
Table of Contents
- Chapter1. Introduction to Economic Development
- Chapter 2. Background of Economic Development
- Chapter 3. Socio-Economic Problems
- Chapter 4. Primary Sector: Agricultural Activity
- Chapter 5. Secondary Sector: Industrial Activity
- Chapter 6. Tertiary Sector: Public and Private Sector
- Chapter 7. Population and Employment
- Chapter 8. Foreign Sector: Important and Impacts of Globalization
Commerce.dot.com has been fully revised and updated, while retaining its original features that proved so popular. It incorporates the four core topics of the NSW Commerce syllabus: consumer choice, personal finance, law and society, and employment issues, while providing plenty of examples to consolidate student understanding. This homework book provides additional activities and extension material to complement the core text.
Commerce.dot.com has been fully revised and updated, while retaining its original features that proved so popular. It incorporates the four core topics of the NSW Commerce syllabus: consumer choice, personal finance, law and society, and employment issues, while providing plenty of examples to consolidate student understanding. This teacher’s homework book provides additional activities and extension material to complement the core text.