Toxic inequality : how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future

The Resource Toxic inequality : how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future

Label

Toxic inequality : how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future

Title remainder

how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future

Statement of responsibility

Thomas M. Shapiro

Language

eng

Summary

"Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code--much more than individual choices--push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society."--Publisher's description

Cataloging source

DLC

Dewey number

339.4/60973

Index

index present

LC call number

HC110.P6

Literary form

non fiction

Nature of contents

dictionaries
bibliography

Context

Context of Toxic inequality : how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future

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