{"title":"Class warfare and middle class decline in America","authors":"W. Peterson, F. R. Strobel","doi":"10.1016/S0926-6437(99)80044-4","DOIUrl":"https://doi.org/10.1016/S0926-6437(99)80044-4","url":null,"abstract":"","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"78 1","pages":"175-201"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81249434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Wallace C Peterson, Frederick R Strobel, New College
{"title":"Class warfare and middle class decline in America","authors":"Wallace C Peterson, Frederick R Strobel, New College","doi":"10.1016/S0926-6437(99)80044-4","DOIUrl":"https://doi.org/10.1016/S0926-6437(99)80044-4","url":null,"abstract":"<div><p>Modern ideas about class war come primarily from the writings of Karl Marx. One key idea in Marxism is that of the class struggle between two classes. Notions of class and class struggle never took root in the United States in the same way it did in Europe. Inequities in wealth and income distribution, however, have developed over the past decades, and subtly promoted a different kind of class conflict, but one confirmed largely to the labor-dependent group. The battlegrounds for intra-class conflict in America is the federal government and the private marketplace, the key institutions which determine the distribution of income and wealth. Political and economic power are the instruments of class warfare. This paper addresses the question of what needs to be done to reverse the drift toward more inequality in the distribution of income and wealth.</p></div>","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"7 2","pages":"Pages 175-201"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(99)80044-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90003305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Income distribution, macroeconomic analysis and barriers to full employment","authors":"Malcolm Sawyer","doi":"10.1016/S0926-6437(99)80042-0","DOIUrl":"https://doi.org/10.1016/S0926-6437(99)80042-0","url":null,"abstract":"<div><p>This paper seeks to reassert the significance of income distribution for macroeconomic analysis. It argues that the non accelerating inflation rate of unemployment, which has been central to mainstream macroeconomic analysis, should be viewed as a distributional constraint on the achievement of full employment with the implication that mechanisms to resolve distributional conflict without resort to the weapon of unemployment are required if full employment is to be secured. The significance of income distribution for aggregate demand is then been examined, and it is argued that higher profit shares in the past 15 years have harmed the prospects for high levels of economic activity and employment, and that rising profitability does not appear to have stimulated investment. It is then finally argued that monetary policy should not be seen as a technical matter but rather as a policy with significant distributional impacts.</p></div>","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"7 2","pages":"Pages 147-160"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(99)80042-0","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91639164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Income shares and capital formation: patterns of recent developments","authors":"Eckhard Hein, Hagen Krämer","doi":"10.1016/S0926-6437(97)80002-9","DOIUrl":"10.1016/S0926-6437(97)80002-9","url":null,"abstract":"<div><p>The development of the functional income distribution in the advanced capitalist economies of France, Germany, the United Kingdom and the U.S.A. has shown a marked shift towards the profit share during the 1980s. Starting from this observation the impact of changing income shares on capital formation is studied in a post-keynesian framework. Following a model proposed by Bhaduri/Marglin, different patterns of income distribution and capital accumulation are distinguished theoretically and are examined empirically for the manufacturing sectors of the investigated economies. It is concluded that the development of the profit share and the rate of capital accumulation on average over the business cycle implies that the conditions for co-operative “wage-led growth” have been established again during the cycle covering the 1980s, although these opportunities for co-operation have not been realized by supply-side politics.</p></div>","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"7 1","pages":"Pages 5-28"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(97)80002-9","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82466142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Poverty and Income Inequality: Markets and Governments in the International Economy.","authors":"Kishor Thanawala","doi":"10.1016/S0926-6437(99)80045-6","DOIUrl":"https://doi.org/10.1016/S0926-6437(99)80045-6","url":null,"abstract":"","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"23 1","pages":"203-218"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72792645","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Editorial: Heterodox economics and income distribution","authors":"Joep T.J.M van der Linden","doi":"10.1016/S0926-6437(99)80040-7","DOIUrl":"10.1016/S0926-6437(99)80040-7","url":null,"abstract":"","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"7 2","pages":"Pages 125-128"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(99)80040-7","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84366714","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Tribute to: Martin Bronfenbrenner, 1914–1997","authors":"WarrenJ. Samuels","doi":"10.1016/S0926-6437(97)80001-7","DOIUrl":"10.1016/S0926-6437(97)80001-7","url":null,"abstract":"","PeriodicalId":100788,"journal":{"name":"Journal of Income Distribution","volume":"7 1","pages":"Pages 1-3"},"PeriodicalIF":0.0,"publicationDate":"1997-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/S0926-6437(97)80001-7","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84467237","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}