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The Undeserving Rich: American Beliefs About Inequality, Opportunity, and Redistribution,9781107699823

The Undeserving Rich: American Beliefs About Inequality, Opportunity, and Redistribution

by
ISBN13:

9781107699823

ISBN10:
1107699827
Format:
Paperback
Pub. Date:
3/29/2013
Publisher(s):
Cambridge Univ Pr
List Price: $29.99

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Summary

It is widely assumed that Americans care little about income inequality, believe opportunities abound, admire the rich, and dislike redistributive policies. Leslie McCall contends that such assumptions are based on both misleading survey data and past economic conditions. In fact, Americans have desired less inequality for decades, and McCall's book explains why. Americans become most concerned about inequality in times of inequitable growth, when they view the rich as prospering while opportunities for good jobs, fair pay, and high quality education are restricted for everyone else. As a result, they favor policies to expand opportunity and redistribute earnings in the workplace, reducing inequality in the market rather than redistributing income after the fact with tax and spending policies. This book resolves the paradox of how Americans can express little enthusiasm for welfare state policies and still yearn for a more equitable society.


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