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Concentration and commodification: the political economy of postindustrialism in America and beyond

Abstract:
In the past decades, two features of the American political economy have been at the heart of policy and political debates – growing income inequality and growing regional inequality. The period since the 1980s witnessed a dramatic reversal in the postwar fall in inequality, with a rising of share of income earned by the wealthiest Americans (Piketty and Saez 2003). Before taxes and transfers, the incomes of the top 1 percent of Americans now constitute over 20 percent of total income, with close to half of all income earned by the top 10 percent of earners.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1017/9781009029841.014

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Politics & Int Relations
Role:
Author
ORCID:
0000-0001-8371-0507
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Politics & Int Relations
Role:
Author

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Role:
Editor
Role:
Editor
Role:
Editor


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Funder identifier:
https://ror.org/00k4n6c32
Grant:
759188


Publisher:
Cambridge University Press
Host title:
The American Political Economy: Politics, Markets, and Power
Pages:
375-406
Chapter number:
13
Series:
Cambridge Studies in Comparative Politics
Place of publication:
Cambridge
Publication date:
2021-10-29
Edition:
1st
DOI:
EISBN:
9781009029841
ISBN:
9781316516362


Language:
English
Keywords:
Subtype:
Chapter
Pubs id:
1315477
Local pid:
pubs:1315477
Deposit date:
2022-12-18

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