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So Rich, So Poor : Why It's So Hard to End Poverty in America by Peter B Edelman; hoopla digital is a nonfiction available to read on EtoBox.

What is So Rich, So Poor : Why It's So Hard to End Poverty in America about?

If the nation’s gross national incomeover $14 trillionwere 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 millionclimbing to over $11 million when all forms of compensation are accounted forwhile 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 workerswith even worse results at the bottom and for people of colorwhile bestowing billions on those at the top.__So Rich, So Poor__ del

Who reads So Rich, So Poor : Why It's So Hard to End Poverty in America?

Author

Peter B Edelman; hoopla digital

Publisher

New Press, The

Published

2012

Language

EN

ISBN

9781595589361

Category

nonfiction

Subjects

Science, Economics, Political Science

Rating

3.64 / 5 (151 ratings)

Updated

2026-03-14