40 research outputs found

    Profits, Welfare, and Class Position: 1965-1984

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    The study utilizes an extended version of a Charles V Hamilton paradigm in order to estimate yearly income transfers between classes in America\u27s system of welfare state capitalism. Analyzing the period from 1965 to 1984, what becomes most obvious is the substantial annual transfer from the middle/working class to the owning class. The transfer rose to more than $150 billion by 1984-a full 10% of middle/ working class income. Yet when looking at the implications, an interesting paradox emerges. Although the amount of transfer has increased some over the period, it has not grown nearly as fast as the after-tax income gap between the two classes. Those at the top have gotten sizably richer, while those beneath them have actually been witnessing a real-dollar income decline. Ultimately, this is attributed to both a postindustrial income bimodality within the non-elite population as well as a redistribution downward within that group. Frustrated by their own declining economic status, however, middle Americans at least temporarily turn a good bit of their wrath towards welfare recipients and not the owners of capital-much as Hamilton predicted

    Profits, Welfare, and Class Position: 1965-1984

    Get PDF
    The study utilizes an extended version of a Charles V Hamilton paradigm in order to estimate yearly income transfers between classes in America\u27s system of welfare state capitalism. Analyzing the period from 1965 to 1984, what becomes most obvious is the substantial annual transfer from the middle/working class to the owning class. The transfer rose to more than $150 billion by 1984-a full 10% of middle/ working class income. Yet when looking at the implications, an interesting paradox emerges. Although the amount of transfer has increased some over the period, it has not grown nearly as fast as the after-tax income gap between the two classes. Those at the top have gotten sizably richer, while those beneath them have actually been witnessing a real-dollar income decline. Ultimately, this is attributed to both a postindustrial income bimodality within the non-elite population as well as a redistribution downward within that group. Frustrated by their own declining economic status, however, middle Americans at least temporarily turn a good bit of their wrath towards welfare recipients and not the owners of capital-much as Hamilton predicted

    Technology, Corporate Mobility, and a Decline in Urban Services

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    Technological changes have produced a postindustrial economy which has both facilitated and encouraged the flight of capital and well-to-do people from the older industrial cities. Left in their wake are increasing levels of unemployment, poverty, and crime. Service needs have Increased accordingly, but at a time when these cities have not only smaller tax bases but also less electoral clout with which to acquire additional financial assistance at the state and federal levels. In a nearly futile attempt to reestablish a healthy degree of private investment in their cities, municipal governments let service levels decline and focus on spurring capital accumulation

    POLS 230-01, Black Political Thought, Fall 2008

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    This syllabus was submitted to the Office of Academic Affairs by the course instructor.In recent years, there has been a development of distinctive focus of study upon the historical experience, cultural values, and political/social behavior of the African- American population. This course is part of that development. It represents an effort to bring the rigors of social scientific analysis to bear on important political theories and strategies. Within this general approach, there are two primary objectives: (1) To improve understanding of the political/social/economic circumstances of African Americans; (2) To stimulate the student's creative thought, clarity of expression and interest in political/social phenomena; but in particular, to help the student further the development of his/her own political philosophy

    POLS 230-01, Black Political Thought, Spring 2008

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    This syllabus was submitted to the Rhodes College Office of Academic Affairs by the course instructorIn recent years, there has been a development of distinctive focus of study upon the historical experience, cultural values, and political/social behavior of the African- American population. This course is part of that development. It represents an effort to bring the rigors of social scientific analysis to bear on important political theories and strategies. Within this general approach, there are two primary objectives: (1) To improve understanding of the political/social/economic circumstances of African Americans; (2) To stimulate the student's creative thought, clarity of expression and interest in political/social phenomena; but in particular, to help the student further the development of his/her own political philosophy
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