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America's Inequality Trap - Chicago Scholarship Online
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America's Inequality Trap

Nathan J. Kelly

Abstract

Economic inequality in the United States has followed a distinct U-shaped pattern since the end of WWII - a dramatic decline until the 1970s followed by a steady increase that puts current levels of inequality as high or higher than they've been in measured history. This book argues that connections between economic and political power help to explain these patterns. When domestic and global economic conditions generate higher levels of inequality, this concentration of income also produces a concentration of political power that further benefits the rich. Using various analytical approaches a ... More

Keywords: inequality, power, elections, public opinion, policy making, political economy, redistribution, political institutions, political behavior

Bibliographic Information

Print publication date: 2020 Print ISBN-13: 9780226665474
Published to Chicago Scholarship Online: September 2020 DOI:10.7208/chicago/9780226665641.001.0001

Authors

Affiliations are at time of print publication.

Nathan J. Kelly, author
University of Tennessee