The shrinking American middle class [electronic resource] : the social and cultural implications of growing inequality /
Davey, Joseph Dillon.author.
The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.
Description based upon print version of record.
Cover; The Shrinking American Middle Class: The Social and Cultural Implications of Growing Inequality; Contents; Introduction; Chapter 1: Income Distribution and Social Justice; Chapter 2: The Dangers of Growing Inequality; Chapter 3: How Did This Happen?; Chapter 4: Problems with Outsourcing Offshore; Chapter 5: The Chinese Juggernaut: How Did They Get Where They Are?; Chapter 6: Problems Facing China's Growth; Chapter 7: India: English Speakers and a Demographic Dividend; Chapter 8: The Suggested Solutions?: The Myth of Educational Reform; Chapter 9: Inequality in a Globalized Economy
Chapter 10: Slowing Down the ShrinkageChapter 11: Political Reform and Progressive Taxation Can Reduce Inequality; Notes; Selected Bibliography; Index
Includes bibliographical references and index.
The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be 'tradable'. Estimates of the number of vulnerable jobs range from a low 11 million to a staggering 56 million 'middle class' jobs. The median United States household income has already dropped by seven percent since 2000 and without dramatic changes in the American workforce that trend will become a disaster for middle class Americans.
Globalization.
Markets.
International economics.
Production management.
Business mathematics.
Econometrics.
International business enterprises.
Emerging Markets/Globalization.
International Economics.
Operations Management.
Business Mathematics.
Econometrics.
International Business.