| Preface |
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xi | |
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From Middle Class to Underclass to Class War? |
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3 | (16) |
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A Touch of Class (Tension, That Is) |
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5 | (6) |
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A Little More Class Tension---Some Simple Numbers |
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11 | (2) |
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The Coming Class Tension---Some Harder Numbers |
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13 | (2) |
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Do You Have a Friend in Prison? |
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15 | (2) |
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17 | (2) |
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Money, Wall Street, and the New American Plutocracy |
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19 | (24) |
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Twenty-Five Years of Prosperity---``The Age of Keynes'' |
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24 | (4) |
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The End of the Bretton Woods System |
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28 | (2) |
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Emergence of the ``Casino Economy'' |
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30 | (2) |
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Enter the Transnational Corporation |
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32 | (3) |
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Enter the Financialized Economy |
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35 | (4) |
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America and the Financialized Casino Economy |
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39 | (4) |
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The Deliberate Path Toward a New American Class Structure |
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43 | (32) |
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Debunking the Big Lie: Middle-Class Decline and World Economic Decline |
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46 | (2) |
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48 | (1) |
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The Role of Capital and Organized Corporate Interests |
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49 | (2) |
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The Reasons: Middle-Class Decline and Class Creation |
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51 | (6) |
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The Economic Lobbying Success Story |
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57 | (4) |
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The Smoke Screen over the Classes |
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61 | (1) |
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Political Non-Response to Middle-Class Decline Number One: Clinton's Failed Campaign for Change |
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62 | (4) |
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Political Non-Response to Middle-Class Decline Number Two: The Not-So Unsuccessful Contract with America |
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66 | (2) |
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The ``Contract''---A Wolf in Sheep's Clothing |
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68 | (4) |
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The Next ``Contracts''---A Flat Tax and a National Sales Tax |
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72 | (3) |
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The Disenfranchised Middle Class---The Quasi-Economics of Confusion |
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75 | (24) |
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Confusing the Electorate---The Scare Tactic |
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78 | (3) |
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Confusing the Electorate---The Use of Guilt |
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81 | (1) |
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The Confusing Magnitude of the American Economy |
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82 | (3) |
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Confusing the Electorate---The Use of Quasi-Economics |
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85 | (2) |
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The Quasi-Economics of Confusion |
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87 | (4) |
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91 | (3) |
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Muted and Isolationist Economics---The Silence of the Economic Lambs |
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94 | (5) |
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Class Warfare American Style |
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99 | (28) |
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Karl Marx and Class Warfare |
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100 | (2) |
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102 | (2) |
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America's Egalitarian Class Structure: 1945 to 1973 |
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104 | (2) |
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A Changing American Class Structure: The 1970s, 1980s, and 1990s |
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106 | (1) |
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The New Class Structure in the United States |
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107 | (4) |
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Dual Labor Markets, the Shrinking Middle Class, and the Emerging Labor-Dependent Class |
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111 | (1) |
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American Class Warfare---Intraclass Style |
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112 | (1) |
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113 | (1) |
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The Law-and-Order Versus the Criminal Classes |
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114 | (1) |
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115 | (1) |
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Integenerational Class Conflict |
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115 | (1) |
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116 | (1) |
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Long-Term Trends in Income and Wealth Distribution |
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117 | (6) |
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Long-Term Trends in Social Health Deterioration |
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123 | (2) |
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125 | (1) |
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Appendix: Summary of Reich Classification on Work in America from the Work of Nations |
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125 | (2) |
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Some Solutions for Class Harmony |
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127 | (40) |
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127 | (7) |
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Rebuilding America: A Twenty-First-Century New Deal |
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134 | (3) |
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Facilitating Rebuilding America I: A Federal Capital Budget |
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137 | (1) |
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Facilitating Rebuilding America II: A National Development Bank |
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138 | (1) |
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A Modern Full Employment Policy |
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139 | (2) |
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The Need for Primary-Labor-Market Jobs |
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141 | (2) |
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Health Care and Tax Reform |
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143 | (2) |
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Federal Tax Policy and the Drift Toward Class Tensions |
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145 | (5) |
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The ``Manufactured'' Class Tensions over Social Security |
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150 | (4) |
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Needed: A Federal Tax System to Reduce Class Tensions |
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154 | (1) |
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The 1997 Budget-Balancing Tax Bill |
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155 | (1) |
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Toward Strengthening and Preserving Social Security |
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155 | (1) |
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155 | (1) |
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Balance the Social Security Budget? |
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156 | (1) |
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The Strobel-Peterson Social Security Plan |
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157 | (4) |
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161 | (1) |
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Ending the Dominance of the Political Process by Money |
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162 | (2) |
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164 | (3) |
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Summary, Observations, and a Prediction on the Problem |
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167 | (25) |
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Financialization as the Road to Political Control |
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170 | (2) |
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172 | (1) |
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172 | (2) |
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The Deafening Silence of Economists |
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174 | (1) |
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A Three-Step Process of Control |
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175 | (4) |
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Elitist Democrats and the Proletariat Republicans |
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179 | (1) |
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180 | (2) |
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182 | (2) |
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A Single-Payer Health Care System and Tax Reform |
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184 | (1) |
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Putting ``Security'' Back into Social Security |
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185 | (1) |
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186 | (1) |
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Anti-Statism, Class Warfare, and the Loss of American Culture |
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186 | (1) |
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Teddy---The Other Roosevelt |
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187 | (2) |
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Whither Corporate Statesmanship? |
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189 | (1) |
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190 | (2) |
| Notes |
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192 | (7) |
| Index |
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199 | (8) |
| About the Authors |
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207 | |
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