Winner Take All Politics – Paul Pierson and Jacob Hacker.
“It’s called the American dream – because you have to be asleep to believe it” – George Carlin
The level of inequality in the United States is primarily dictated by public policy. That is the conclusion drawn and substantiated by Paul Pierson and Jacob Hacker in ‘Winner Take All Politics: How Washington Made the Rich Richer—and Turned Its Back on the Middle Class’.
The authors frame inequality as a mystery. They set out to debunk the myths of how inequality occurs, how the fabled 1% obtained and maintained their explosion of income at the top and why a college degree does not guarantee you the keys to the kingdom of the top percentile.
There is a strong common theme in reverting to what happened since the 1970’s – an economic turning point where business moved into Washington and started framing the game in their image.
A poignant quote from chapter three that frames the direction of the American economy is from a French thinker, Charles de Montesquieu. He is quoted to say that “to men of overgrown estates, everything which does not contribute to advance their power and honor is considered by them as an injury.” (p.72).
With this in mind, we explore some of the ways in which inequality has been able to take hold in the American economic pie.
Here are some of the mysteries the authors tried to solve in their book.
The education gap?
Winner Takes All Politics takes on a very common belief attributed to the cause of economic inequality which is the gap in education between high school graduates and college graduates.
Winner Take All addresses this issue by referring to an established theory named ‘Skill-Biased Technological Change’. Said to be “by far the dominant explanation for American inequality trends” (p.34).
The theory categorises education and advanced work to be much higher in value and therefore reflect a much higher wage. This higher wage becomes bigger as supply grows slower than demand and as a result, inequality in income.
It is contentious to challenge this paradigm. Standard and Poor’s (2014) claim that “increasing educational attainment is an effective way to bring income inequality back to healthy levels” (para. 9), the idea of ‘healthy levels’ is not defined.
In a statement that contradicts this claim, Wells (2006) suggests that educational expansion mostly benefits the middle and upper classes, claiming “the wealthy may reap a disproportionate benefit of education, and ultimately income.” (p.20)
But Pierson and Hacker, playing with fire, challenge the idea.
They argue that while the college educated are better off, that is “not because they experienced massive economic gains. Rather, they merely managed to avoid the devastatingly slow growth at the bottom.” (p.35)
They back this up by explaining the massive discrepancy between income growth in the top 20% and the top 1%. Assuming that this top 20% are mostly college graduates (with 29% of Americans with degrees) even then, the top 20% average income has raised “one-fourth as quickly as the top 1%”. (p.35)
And, despite the massive gulf of inequality between groups, the explanation for the growth of the top 20%? Increased household work hours (p.38). A very dire assessment for college graduates outside the upper-upper classes.
To qualify the point, there are indeed some college graduates in the 1%. That is not the argument here. The argument here is that a college degree does not come close to assuring your position in the top 1%. This is called ‘within-group inequality’ and “within-group inequality accounts for a major part of the rise in inequality since the 1970s” (p.36).
Explanation for within group inequality can be attributed to the ability to perform high level ‘abstract tasks’ but this does not convince the authors.
They go on to explain that SBTC and within-group inequality is not closely mirrored by other industrial nations, but do not provide compelling evidence to show why the
Related Documents: Essay about Winner Takes All Politics Book Review
Winners Announced Influential Canadian author, academic and politician Michael Ignatieff is announced as the winner of Notting Hill Editions William Hazlitt Essay Prize 2013. His essay, Raphael Lemkin and Genocide gives recognition to an almost forgotten figure of one of the most documented times of recent history. At a ceremony in Soho last night, Chair of judges Harry Mount said, ‘Michael Ignatieff's moving essay restores Raphael Lemkin's status as the man who invented the term 'genocide' and…
motivation of the attackers may have been anti-modern and anti-globalization, the preparation and the attack itself were facilitated by globalizing processes. In reality, globalization has sparked unease and discontentment in a range of groups from all parts of the world.[10] This essay will provide a brief, and necessarily incomplete, overview of debates surrounding globalization as a source of and an antidote for conflict. The discussion will focus on economics, political authority, cultural impacts…
the work we do, our education, the car we drive, the home we live in and the clothes we wear. Identity is also determined by perspective. Our self-image can be entirely different to the way we are seen by a colleague, partner, friend or parent who all have their own lens of perception through which they view us. One definition of identity is the persona we project out into the world. It is suggested that we don’t have much control over our identity creation as we think, as today more than ever…
AP Gov Review UNIT 1 John Locke- 17th century English philosopher who believed people live in a state of nature, have natural rights and that the only type of valid government is one built on consent of governed Natural rights- life, liberty, property State of nature- people are generally self-centered but are capable of being rational Social contract- an agreement between government and citizens; idea that if gov fails to live up to standard, breaks contract then people can dissolve the…
United States Died April 5, 1997 (aged 70) New York City, New York, United States Occupation Writer, poet Nationality American Alma mater Montclair State College, Columbia University Literary movement Beat literature, Hippie Notable awards National Book Award {1974} Robert Frost Medal (1986) Partner Peter Orlovsky 1954–1997 (Ginsberg's death) Signature Irwin Allen Ginsberg (/ˈɡɪnzbərɡ/; June 3, 1926 – April 5, 1997) was an American poet and one of the leading figures of both the Beat Generation…
followed by Obama's increasingly bitter joust with Sen. McCain. One aspect of American 'culture' dealt with below, a huge penchant for nostalgia, was seen in an attempt to make Obama another JEK of fresh mien and views, and his wife a second Jackie - all made more poignant by Teddy Kennedy's sudden struggle for survival. There was also an attempt to show in the pro-Hillary coalition a lineage harking back to Franklin D. Roosevelt. On the other side, there was Republican concem for maintenance of…
Keys to the Whitehouse by Allan J. Lichtman Review by Laurena DiLoreto I felt that Lichtman’s arguments were quite interesting as he talks about the history behind each election and why his model works every time as far as popular vote goes. Unfortunately I did find the beginning of the book quite dry when he goes into explanation of each key and what it means. Once the Author went back into history and talked about each election and what keys worked for each President presented a great case…
Western politics, “Traditionalist Conservatives” and “Libertarian Conservatives” tend to favor free market enterprise, tax cuts, and lassie-faire economic policies. Traditionalists also hold great respect for the established order and Judeo-Christian principles. Traditionalist and Social Conservatives oppose same-sex marriage, abortion, and gun control. They tend to support school choice, school prayer and capital punishment. While conservatism has played a part in American politics since its…
mostnotably, SiCKo. With a liberal stance, Moore has documented his own vision on America’s large corporations, such as the Bush administration’s foreign policy, financial crises, and the American healthcare system. Although all of his…
Appeals laws precedent set by SA 22 Mar 2013, 11:10 am - Source: Karen Ashford, SBS The most significant changes to Australia's criminal appeal laws in a century have been passed in South Australia, setting a precedent for reform which could flow all the way to the High Court. South Australia has passed reforms to allow prisoners a second chance to appeal their convictions in the case of compelling new evidence. Until now, people convicted of an offence have had a single right of appeal, and once…