Book contents
- The American Political Economy
- The American Political Economy
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction The American Political Economy: A Framework and Agenda for Research
- I Political Arenas and Actors
- 1 Hurdles to Shared Prosperity: Congress, Parties, and the National Policy Process in an Era of Inequality
- 2 The Role of the Law in the American Political Economy
- 3 Collective Action, Law, and the Fragmented Development of the American Labor Movement
- II Race, Space, and Governance
- III Corporate Power and Concentration
- IV The American Knowledge Economy
- Bibliography
1 - Hurdles to Shared Prosperity: Congress, Parties, and the National Policy Process in an Era of Inequality
from I - Political Arenas and Actors
Published online by Cambridge University Press: 29 October 2021
- The American Political Economy
- The American Political Economy
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction The American Political Economy: A Framework and Agenda for Research
- I Political Arenas and Actors
- 1 Hurdles to Shared Prosperity: Congress, Parties, and the National Policy Process in an Era of Inequality
- 2 The Role of the Law in the American Political Economy
- 3 Collective Action, Law, and the Fragmented Development of the American Labor Movement
- II Race, Space, and Governance
- III Corporate Power and Concentration
- IV The American Knowledge Economy
- Bibliography
Summary
Since the 1980s, income concentration has increased dramatically, with the top 1 percent increasing their share from 10.7 percent in 1980 to 20.2 percent in 2014 (an 89 percent increase), and the top 0.01 percent income share increasing even more – by approximately 230 percent.1 Before the turn of the twenty-first century, scholars seeking to explain rising inequality emphasized structural economic change and demographics, focusing on factors such as deindustrialization, globalization, aging, union decline, and skill-biased technological change (Alderson and Nielsen 2002; Berman et al. 1998; Bound and Johnson 1992; Danziger and Gottschalk 1995; Goldin and Katz 2008).
- Type
- Chapter
- Information
- The American Political EconomyPolitics, Markets, and Power, pp. 51 - 75Publisher: Cambridge University PressPrint publication year: 2021
- 1
- Cited by