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Donald Trump's 2016 Victory Shocked The World, But His Appeals To The Economic Discontent Of The White Working Class Should Not Be So Surprising, As Stagnant Wages For The Many Have Been Matched With Skyrocketing Incomes For The Few. Though Trump Received High Levels Of Support From The White Working Class, Once In Office, The Newly Elected Billionaire President Appointed A Cabinet With A Net Worth Greater Than One-third Of American Households Combined. Furthermore, He Pursued Traditionally Conservative Tax, Welfare State And Regulatory Policies, Which Are Likely To Make Economic Disparities Worse. Nevertheless, Income Inequality Has Grown Over The Last Few Decades Almost Regardless Of Who Is Elected To The Presidency And Congress. There Is A Growing Consensus Among Scholars That One Of The Biggest Drivers Of Income Inequality In The United States Is Government Activity (or Inactivity). Just As The New Deal And Great Society Programs Played A Key Role In Leveling Income Distribution From The 1930s Through The 1970s, Federal Policy Since Then Has Contributed To Expanding Inequality. Growing Inequality Bolsters The Resources Of The Wealthy Leading To Greater Influence Over Policy, And It Contributes To Partisan Polarization. Both Prevent The Passage Of Policy To Address Inequality, Creating A Continuous Feedback Loop Of Growing Inequality. The Authors Of This Book Argue That It Is Therefore Misguided To Look To The Federal Government, As Citizens Have Tended To Do Since The New Deal, To Lead On Economic Policy To Fix Inequality. In Fact, They Argue That Throughout American History, During Periods Of Rapid Economic Change The Federal Government Has Been Stymied By The Federal Institutional Design Created By The Constitution. The Winners Of Economic Change Have Taken Advantage Of Veto Points To Prevent Change That Would Address The Problems Experienced By The Losers Of Major Economic Change. Even The New Deal, In Many Ways The Model Of Federal Policy Activism, Was Large
This book investigates whether the federal government remains a viable mechanism for addressing income inequality given the structural constraints of the American political system. Christopher Witko and William W. Franko, both scholars of political science and public policy, analyze historical data and institutional design to argue that the federal government is inherently prone to gridlock during periods of rapid economic change. They posit that the feedback loop between wealth concentration and political influence creates a cycle that prevents meaningful legislative intervention at the national level.
What You Will Find
Scope Limits
Experts recognize this work as a significant contribution to the study of political economy and institutional gridlock. Readers frequently note the academic rigor of the authors' arguments regarding the limitations of federal policy in addressing systemic inequality.
Page Count:
240
Publication Date:
2017-01-01
Publisher:
Oxford University Press
ISBN-10:
0190671025
ISBN-13:
9780190671020
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