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Why It's So Hard to End Poverty in America
New Press
June 2012
On Sale: May 29, 2012
184 pages
ISBN: 1595587853
EAN: 9781595587855
Kindle: B0087HW880
Hardcover / e-Book
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Non-Fiction
If the nation’s gross national income—over $14 trillion—were
divided evenly across the entire U.S. population, every
household could call itself middle class. Yet the
income-level disparity in this country is now wider than at
any point since the Great Depression. In 2010 the average
salary for CEOs on the S&P 500 was over $1
million—climbing to over $11 million when all forms of
compensation are accounted for—while the current median
household income for African Americans is just over $32,000.
How can some be so rich, while others are so poor? In this provocative book, Peter Edelman, a former top aide
to Senator Robert F. Kennedy and a lifelong antipoverty
advocate, offers an informed analysis of how this country
can be so wealthy yet have a steadily growing number of
unemployed and working poor. According to Edelman, we have
taken important positive steps without which 25 to 30
million more people would be poor, but poverty
fluctuates with the business cycle. The structure of today’s
economy has stultified wage growth for half of America’s
workers—with even worse results at the bottom and for people
of color—while bestowing billions on those at the top. So Rich, So Poor delves into what is happening to the
people behind the statistics and takes a particular look at
the continuing crisis of young people of color, whose
possibility of a productive life too often is lost on their
way to adulthood. This is crucial reading for anyone who
wants to understand the most critical American dilemma of
the twenty-first century.
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