Winner-Take-All Politics: How Washington Made the Rich Richer--and Turned Its Back on the Middle Class by Jacob S. Hacker & Paul PiersonMaintaining a strong middle-class is an important part of the progressive philosophy. Reading this book will help explain why government regulations and keeping corporations restrained by government are essential to keeping a strong middle-class.
From the publisher's description:
We all know that the very rich have gotten a lot richer these past few decades while most Americans haven't. In fact, the exorbitantly paid have continued to thrive during the current economic crisis, even as the rest of Americans have continued to fall behind. Why do the "haveit- alls" have so much more? And how have they managed to restructure the economy to reap the lion's share of the gains and shift the costs of their new economic playground downward, tearing new holes in the safety net and saddling all of us with increased debt and risk? Lots of so-called experts claim to have solved this great mystery, but no one has really gotten to the bottom of it—until now.
Why this is progressive/liberal: Hacker and Pierson clearly lay out why the problems facing progressives can't be solved simply by choosing one party over another. Legislation is increasingly rigged to favor the ultra-rich and the corporations that help them increase their wealth. Over the last 30 years deregulation hasn't helped create a level playing field, instead it's given the advantage to corporations and the super-wealthy.
Buy the Kindle version of this book: Winner-Take-All Politics
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