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Downhill from Here

Audiobook
Nonfiction: Business & Economics
Unabridged   12.25 hour(s)
Publication date: 01/22/2019

Downhill from Here

Retirement Insecurity in the Age of Inequality

Available from major retailers or BUY FROM AMAZON
Audio CD ISBN:9781681683386
Digital Download ISBN:9781681683393

Summary

The facts on retirement insecurity are known, but they bear repeating: 67 million Americans are headed into retirement with no employer pension at all. The US retirement situation isn't just bad, it's moving in the wrong direction.

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Product Description

Retirement insecurity is an increasingly serious manifestation of the vast inequality that risks destroying the social fabric in America. The nearly inevitable consequence of lifetime wage discrepancies, security in retirement is linked to the kinds of jobs we hold during our work lives. That, in turn, is a product of all the forces leading to historic levels of inequality, forces that have protected the very wealthy, destroyed any hold on stability for the poor, and gradually eroded the security of the vast middle class. The problem of inequality has moved from an academic preoccupation to a growing theme in national and local politics. The election of Bill Di Blasio in New York was the first real political victory that owes itself to citizens demanding a reversal of inequality. It has been an underlying theme in the Democratic presidential debates, a motif for the Hillary Clinton campaign and a pronounced feature of Bernie Sanders' bid. This attention is not an accident. When members of Congress returned to their districts to test out messages for upcoming elections, the one issue that resonated among their publics was "Do something about retirement."

Author Bio

Katherine S. Newman is the author of twelve books on topics ranging from urban poverty to school violence. No Shame in My Game: the Working Poor in the Inner City received the Robert F. Kennedy Memorial Book Prize. Katherine is currently provost and professor of sociology at the University of Massachusetts, Amherst.