Author: OECDPublisher: OECD Publishing
ISBN: 926415034X
Category :
Languages : en
Pages : 167
Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Under Pressure: The Squeezed Middle Class
Author: OECDPublisher: OECD Publishing
ISBN: 926415034X
Category :
Languages : en
Pages : 167
Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation.
Under Pressure: The Squeezed Middle Class
Author: OecdPublisher:
ISBN: 9789264542839
Category : Economics
Languages : en
Pages : 167
Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation. In many OECD countries, middle incomes have grown less than the average and in some they have not grown at all. Technology has automated several middle-skilled jobs that used to be carried out by middle-class workers a few decades ago. The costs of some goods and services such as housing, which are essential for a middle-class lifestyle, have risen faster than earnings and overall inflation. Faced with this, middle classes have reduced their ability to save and in some cases have fallen into debt. This report sheds light on the multiple pressures on the middle class. It analyses the trends of middle-income households through dimensions such as labour occupation, consumption, wealth and debt, as well as perceptions and social attitudes. It also discusses policy initiatives to address the concerns raised by the middle class, by protecting middle-class living standards and financial security in the face of economic challenges.
Under Pressure: The Squeezed Middle Class
Author: Publisher:
ISBN: 9789264982512
Category :
Languages : en
Pages : 167
Book Description
Middle-class households feel left behind and have questioned the benefits of economic globalisation. In many OECD countries, middle incomes have grown less than the average and in some they have not grown at all. Technology has automated several middle-skilled jobs that used to be carried out by middle-class workers a few decades ago. The costs of some goods and services such as housing, which are essential for a middle-class lifestyle, have risen faster than earnings and overall inflation. Faced with this, middle classes have reduced their ability to save and in some cases have fallen into debt. This report sheds light on the multiple pressures on the middle class. It analyses the trends of middle-income households through dimensions such as labour occupation, consumption, wealth and debt, as well as perceptions and social attitudes. It also discusses policy initiatives to address the concerns raised by the middle class, by protecting middle-class living standards and financial security in the face of economic challenges.
Is the German Middle Class Crumbling? Risks and Opportunities
Author: OECDPublisher: OECD Publishing
ISBN: 9264475893
Category :
Languages : en
Pages : 144
Book Description
Thriving middle classes are the backbone of democratic societies and strong economies, but in many countries, they face mounting pressure as their economic strength is eroding relative to higher-income households. Real wages and incomes for most middle-class households have grown only very slowly, and rising expenditures have been putting further pressure on living standards.
Middle-Class Lifeboat
Author: Paul EdwardsPublisher: Thomas Nelson
ISBN: 1418577456
Category : Business & Economics
Languages : en
Pages : 574
Book Description
A comprehensive guide to safeguard your livelihood, income, and standard of living through the ups and downs of any economy. Most Americans, no matter what their economic circumstances, identify themselves as middle class. A recent Gallup poll showed that 63% consider themselves upper-middle or middle class. And they are feeling burned out and squeezed, under pressure to bring home more and more money just to maintain their standard of living. Middle Class Lifeboat is an answer to that pressure, a comprehensive guide to living a more stress-free lifestyle. Part I: Safeguarding Your Livelihood: profiles the 53 best jobs to have to be self- sufficient whether the economy is up or down. Part II: Safeguarding Your Income: 6 ways to extend your earnings, that don't always involve money. Part III : Safeguarding Your Standard of Living: 10 off-the-grid lifestyle choices to increase your quality of life
The Wealth Effect
Author: Jeffrey M. ChwierothPublisher: Cambridge University Press
ISBN: 1107153743
Category : Business & Economics
Languages : en
Pages : 597
Book Description
Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.
The 9.9 Percent
Author: Matthew StewartPublisher: Simon and Schuster
ISBN: 1982114193
Category : History
Languages : en
Pages : 352
Book Description
"A trenchant analysis of how the wealthiest 9.9 percent of Americans -- those just below the tip of the wealth pyramid -- have exacerbated the growing inequality in our country and distorted our social values"--
The American Middle Class
Author: Lawrence SamuelPublisher: Routledge
ISBN: 1134624689
Category : Business & Economics
Languages : en
Pages : 183
Book Description
The middle class is often viewed as the heart of American society, the key to the country’s democracy and prosperity. Most Americans believe they belong to this group, and few politicians can hope to be elected without promising to serve the middle class. Yet today the American middle class is increasingly seen as under threat. In The American Middle Class: A Cultural History, Lawrence R. Samuel charts the rise and fall of this most definitive American population, from its triumphant emergence in the post-World War II years to the struggles of the present day. Between the 1920s and the 1950s, powerful economic, social, and political factors worked together in the U.S. to forge what many historians consider to be the first genuine mass middle class in history. But from the cultural convulsions of the 1960s, to the 'stagflation' of the 1970s, to Reaganomics in the 1980s, this segment of the population has been under severe stress. Drawing on a rich array of voices from the past half-century, The American Middle Class explores how the middle class, and ideas about it, have changed over time, including the distinct story of the black middle class. Placing the current crisis of the middle class in historical perspective, Samuel shows how the roots of middle-class troubles reach back to the cultural upheaval of the 1960s. The American Middle Class takes a long look at how the middle class has been winnowed away and reveals how, even in the face of this erosion, the image of the enduring middle class remains the heart and soul of the United States.
Democracy and Prosperity
Author: Torben IversenPublisher: Princeton University Press
ISBN: 0691210217
Category : Business & Economics
Languages : en
Pages : 359
Book Description
It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.
The Shrinking Middle Class
Author: Emanuel ColladoPublisher: iUniverse
ISBN: 1450219675
Category : Business & Economics
Languages : en
Pages : 125
Book Description
The middle class of our society has an important roleacting as the glue that holds the upper and lower classes together. But what will happen if the middle class crumbles? The Shrinking Middle Class is a comprehensive study of the economic meltdown and its long-term effects on the middle class. Emanuel Collado is a self-made businessman who focuses the results of his extensive research into a trend first detected in the 1980s. He provides fascinating case studies of middle class families, alarming statistics, and causes of the current economic crisis that both the United States and the world face. As Collado compares past decisions with current issues, he offers explanations for why America has such a disparity in our society and where the social fabric is being skewed to expand at both ends and grow thinner in the middle. Not so long ago, being middle class meant a reliable job with good pay, a home, access to health care, good education for youth, and a dignified retired life. Collado provides an in-depth look into why the United States is becoming a two-class society and what we can do now to prevent it from happening.