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Inequality has dramatically increased in America, with few solutions on the horizon. Serious social inequalities persist. For example, the 14 richest Americans earned enough money from their investments in 2015 to hire two million preschool teachers (while the USA ranks low among developed countries in preschool enrollment). Following the Great Recession, the richest one percent took 116 percent of the new income gains, a statistic caused by so many middle-class Americans moving backward, many losing investments in property and experiencing interruptions in work. Author Paul Buchheit looks hopefully to solutions in a book that vividly portrays the rapidly changing inequality of American society. More Americans have become "disposable" as middle-class jobs have disappeared at an alarming rate. Buchheit presents innovative proposals that could quickly begin to reverse these trends, including a guaranteed basic income drawn from new revenues, such as a Financial Speculation Tax and a Carbon Tax. Discussing the challenges and obstacles to such measures, he finds optimism in past successes in American history. Ideal for classroom assignment, the book uniquely pairs historical events with current, real-life struggles faced by citizens, pointing to measures that can improve personal and social well-being and trust in government.
The must-read summary of Louis Uchitelle's book: “The Disposable American: Layoffs and Their Consequences”. This complete summary of "The Disposable American" by Louis Uchitelle, an award-winning reporter, outlines his assessment of layoffs in America. He explains the ways in which these are counterproductive, however he also admits that some of them are necessary. He argues that the government should intervene in the policies and encourage companies to restrict layoffs and generate well-paying jobs. Furthermore, he offers some solutions for lowering the number of layoffs. Added-value of this summary: • Save time • Understand the reasons for layoffs and their implications • Expand your knowledge of American politics and business To learn more, read "The Disposable American" and discover how businesses can reduce their numbers of layoffs while improving their finances.
During the research for this book, almost all of those who became aware of what had happened among the American veterans in the after math of Desert Storm, expressed shock and surprise over the number now dead, and the fact that so many were disabled. Usual responses were "I didn't know that." "You must be kidding!" "I don't believe it!"
Layoffs have become a fact of life in today’s economy; initiated in the mid 1970s, they are now widely expected, and even accepted. It doesn’t have to be that way.In The Disposable American, award-winning reporter Louis Uchitelle offers an eye-opening account of layoffs in America–how they started, their questionable necessity, and their devastating psychological impact on individuals at all income levels. Through portraits of both executives and workers at companies such as Stanley Works, United Airlines, and Citigroup, Uchitelle shows how layoffs are in fact counterproductive, rarely promoting efficiency or profitability in the long term. Recognizing that a global competitive economy makes tightening necessary, Uchitelle offers specific recommendations for government policies that would encourage companies to avoid layoffs and help create jobs, benefiting workers, corporations, and the nation as a whole. From the Trade Paperback edition.
Wealth vs. Work: How 1% Victimize 99% is about the vanishing American dream, growing inequality inAmerica, shrinking and struggling middle class, plight of labor and unions, economic decline of the nation, and a broken and unstable world surrounding theU.S. Education is no longer the great equalizer. We are heading toward a world where inherited privilege trumps excellence and meritocracy. Carried far enough, it means the end of striving and the American dream. Few Americans realize or want to admit it. Since recorded history, workers have been victimized by the rich and super rich, treated as fungible and disposable. The early warlords and monarchs have been replaced by the “titans” of industry and “masters of the universe” on Wall Street. The slaves, peasants and serfs have been replaced by miners, factory workers, and service-sector workers. The GM model of the 1950s and 1960s (that permitted labor to become middle class) has been replaced by the Wal-Mart model—characterized by low pay and minimal benefits. By 2025, the economic output of China and India may likely each exceed the U.S. Moreover, the U.S. work force is being increasingly displaced by technology and outsourcing. But we are supposed to be the lucky ones! By historical and geographical accident, the U.S. has been spared most of the world’s poverty and misery. Today, however, the U.S. is heading towards a financial oligarchy—much worse than the aristocratic old world that our Founding Fathers feared and tried to avoid. Yes, the U.S. had a revolution, but in fact it has a new and more powerful elite because the economic pie has expanded several thousand fold since the yeoman farmers’ status was compared to the plantation owner. Right now the top 1 percent in the U.S. own nearly 40 percent of the nation’s wealth; moreover, their investments, capital gains and dividends are taxed at a lower rate than workers’ salaries. Like all great civilizations that have declined before us, we are a nation that needs to re-examine its ideals and institutions.
Illegal. Unamerican. Disposable. In a nation with an unprecedented history of immigration, the prevailing image of those who cross our borders in search of equal opportunity is that of a drain. Grace Chang's vital account of immigrant women—who work as nannies, domestic workers, janitors, nursing aides, and homecare workers—proves just the opposite: the women who perform our least desirable jobs are the most crucial to our economy and society. Disposable Domestics highlights the unrewarded work immigrant women perform as caregivers, cleaners, and servers and shows how these women are actively resisting the exploitation they face.
Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.

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