The politics of income inequality in the United States /
General Material Designation
[Book]
First Statement of Responsibility
Nathan J. Kelly.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Cambridge University Press,
Date of Publication, Distribution, etc.
2009.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xiii, 201 pages) :
Other Physical Details
illustrations
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 185-190) and index.
CONTENTS NOTE
Text of Note
Explaining income inequality -- The distributional force of government -- Political conflict over "who gets what?" -- Party dynamics and income inequality -- Macro policy and distributional processes -- Putting the pieces together : who gets what and how -- Distribution, redistribution, and the future of American politics.
0
SUMMARY OR ABSTRACT
Text of Note
This book revolves around one central question: do political dynamics have a systematic and predictable influence on distributional outcomes in the United States? The answer is a resounding yes. Utilizing data from mass income surveys, elite surveys and aggregate time series, as well as theoretical insights from both American and comparative politics, Kelly shows that income inequality is a fundamental part of the US macro political system. Shifts in public opinion, party control of government and the ideological direction of policy all have important consequences for distributional outcomes. Specifically, shifts to the left produce reductions in inequality through two mechanisms - explicit redistribution and market conditioning. Whereas many previous studies focus only on the distributional impact of redistribution, this book shows that such a narrow strategy is misguided. In fact, market mechanisms matter far more than traditional redistribution in translating macro political shifts into distributional outcomes.
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
MIL
Stock Number
205860
OTHER EDITION IN ANOTHER MEDIUM
Title
Politics of income inequality in the United States.
TOPICAL NAME USED AS SUBJECT
Equality-- United States.
Income distribution-- United States.
BUSINESS & ECONOMICS-- Economics-- Macroeconomics.