Overview

Income inequality is an increasingly pressing issue in the United States and around the world. This book explores five critical issues to introduce some of the key moral and empirical questions about income, gender, and racial inequality: Do we have a moral obligation to eliminate poverty? Is inequality a necessary evil that's the best way available to motivate economic action and increase total outpt? Can we retain a meaningful democracy even when extreme inequality allows the rich to purchase political privilege? Is the recent stalling out of long-term declines in gender inequality a historic reversal that presages a new gender order? How are racial and ethnic inequalities likely to evolve as minority populations grow ever larger, as intermarriage increases, and as new forms of immigration unfold? Leading public intellectuals debate these questions in a no-holds-barred exploration of our New Gilded Age.

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Americans are no longer so tolerant of the widening gap between the CEO and the average worker, between the very top and the very bottom of the income distribution. The mobility dreams of generations are coming unglued as long term unemployment deepens, threatening to scar young workers in ways that may follow them the rest of their days. The New Gilded Age assembles the very best scholars in economics, sociology, and political science to assess what these conditions mean for ordinary people and how the 'great awakening' to the threat that inequality poses could reshape the landscape of public opinion and, perhaps ultimately, public policy. It is an essential volume for scholars and citizens worried about the direction we are headed and the cost we will pay for inaction on the inequality front. --Katherine Newman, Johns Hopkins University, coauthor of Taxing the Poor: Doing Damage to the Truly Disadvantaged

Author Information

David B. Grusky is Professor of Sociology at Stanford University and Director of the Stanford Center for the Study of Poverty and Inequality. He is coauthor of The Inequality Puzzle (2010) and coeditor of The Great Recession (2011) and The Inequality Reader (2011). Tamar Kricheli-Katz is Assistant Professor in the Buchman Faculty of Law and in the Department of Sociology and Anthropology at Tel Aviv University.

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