Toxic inequality how America's wealth gap destroys mobility, deepens the racial divide, & threatens our future Toxic inequality how America's wealth gap destroys mobility, deepens the racial divide, and threatens our future Shapiro, Thomas M. creator author. text bibliography nyu 2017 2017 monographic eng print ix, 268 pages ; 22 cm "Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code--much more than individual choices--push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society."--Publisher's description. Introduction : dreams deferred and derailed -- Wealth matters -- Inequality at home -- Inequality at work -- The inheritance advantage -- The hidden hand of government -- Forward to equity -- Appendix : the leveraging mobility study. Thomas M. Shapiro. Includes bibliographical references (pages 227-252) and index. n-us--- Poverty United States Income distribution United States Equality United States Racism United States United States Economic conditions 21st century United States Social conditions 21st century United States Pauvreté États-Unis Revenu Répartition États-Unis Racisme États-Unis États-Unis Conditions économiques 21e siècle États-Unis Conditions sociales 21e siècle SOCIAL SCIENCE Sociology Economic history Equality Income distribution Poverty Racism Social conditions United States Soziale Ungleichheit Soziale Mobilität Rassendiskriminierung Sozialstruktur Empirische Sozialforschung USA 2000-2099 fast HC110.P6 S43 2017 339.4/60973 Toxic inequality Shapiro, Thomas M. New York : Basic Books, [2017] (DLC) 2016058087 9780465046935 0465046932 9780465094875 2016043570 Perseus Books Group, C/O Perseus Distribution 210 American Dr, Jackson, TN, USA, 38301, (731)9884440 TAG TAGC DLC 161215 20240808230526.5 in00004819128 eng