Toxic Inequality: How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future Audiobook (Free)

Since the Great Recession, most Americans’ standard of living has stagnated or declined. Economic inequality reaches historical highs. But inequality’s influence differs by competition; African People in america’ net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the pace of black family members. In our more and more diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities should be understood in tandem with racial inequities-a about Poisonous Inequality: How America’s Wealth Gap Destroys Flexibility, Deepens the Racial Separate, and Threatens Our Future dangerous combination he conditions ‘dangerous inequality.’

In Toxic Inequality, Shapiro reveals how these forces combine to trap families set up. Following nearly two hundred families of different races and income amounts over an interval of twelve years, Shapiro’s analysis vividly records the recession’s toll on parents and kids, the ways families use assets to manage crises and create possibilities, and the true reasons some families build wealth while some struggle in poverty. The structure of our neighborhoods, workplaces, and taxes code-much more than specific choices-push some forwards and hold others back.

America’s growing prosperity gap and its yawning racial divide have been forged by history and preserved by plan, and only daring, race-conscious reforms can move us toward a far more just society.