Why does homeownership feel further away than it did for your parents? Why does your paycheck not stretch as far as it should, given how productive the American economy has become? Why does a single medical event still threaten financial ruin in the wealthiest country on earth?
The answers are not what most politicians would have you believe. They are not about your spending habits, your work ethic, or your personal financial decisions. They are about four decades of specific, documented policy choices — in education, in labor law, in housing finance, and in consumer credit regulation — that systematically transferred economic security away from working families and concentrated it at the top of the income and wealth distribution.
Middle-Class New Deal and Mechele Dickerson's Insights brings the rigorous policy analysis of University of Texas law professor and nationally recognized scholar A. Mechele Dickerson to readers who want more than frustration — who want to understand what actually happened, why it keeps happening, and what it would take to change it.
Inside, you will find:
• A clear account of how the New Deal built the American middle class — and who it deliberately left out
• A pillar-by-pillar breakdown of how education defunding, labor law rollback, housing policy failure, and predatory credit expansion have eroded working-family economic security since the 1980s
• An unsparing analysis of how political rhetoric consistently describes policies as middle-class benefits while directing primary gains to wealthier constituencies
• A frank examination of why economic policy is never race-neutral — and what the racial wealth gap reveals about the structural history of American economic policy
• A specific, evidence-grounded reform menu — from zoning reform to minimum wage indexing, from student debt relief to consumer credit rate caps — that would materially improve conditions for working families
• Practical tools for navigating the current system financially, engaging civically with the policies that most affect your economic life, and building the community economic relationships that individual households cannot sustain alone
Packed with Key Insights, Key Concepts, Practical Exercises, and Action Steps in every chapter, this book does not stop at diagnosis. It equips readers with the structural understanding and concrete next steps to act — on their own finances, in their communities, and in the political arena where the conditions of working-family life are ultimately determined.
The middle class was made by design. This book shows what it would take to make it again.
Middle-Class New Deal and Mechele Dickerson's Insights - Reid Reflections
Why does homeownership feel further away than it did for your parents? Why does your paycheck not stretch as far as it should, given how productive the American economy has become? Why does a single medical event still threaten financial ruin in the wealthiest country on earth?
The answers are not what most politicians would have you believe. They are not about your spending habits, your work ethic, or your personal financial decisions. They are about four decades of specific, documented policy choices — in education, in labor law, in housing finance, and in consumer credit regulation — that systematically transferred economic security away from working families and concentrated it at the top of the income and wealth distribution.
Middle-Class New Deal and Mechele Dickerson's Insights brings the rigorous policy analysis of University of Texas law professor and nationally recognized scholar A. Mechele Dickerson to readers who want more than frustration — who want to understand what actually happened, why it keeps happening, and what it would take to change it.
Inside, you will find:
• A clear account of how the New Deal built the American middle class — and who it deliberately left out
• A pillar-by-pillar breakdown of how education defunding, labor law rollback, housing policy failure, and predatory credit expansion have eroded working-family economic security since the 1980s
• An unsparing analysis of how political rhetoric consistently describes policies as middle-class benefits while directing primary gains to wealthier constituencies
• A frank examination of why economic policy is never race-neutral — and what the racial wealth gap reveals about the structural history of American economic policy
• A specific, evidence-grounded reform menu — from zoning reform to minimum wage indexing, from student debt relief to consumer credit rate caps — that would materially improve conditions for working families
• Practical tools for navigating the current system financially, engaging civically with the policies that most affect your economic life, and building the community economic relationships that individual households cannot sustain alone
Packed with Key Insights, Key Concepts, Practical Exercises, and Action Steps in every chapter, this book does not stop at diagnosis. It equips readers with the structural understanding and concrete next steps to act — on their own finances, in their communities, and in the political arena where the conditions of working-family life are ultimately determined.
The middle class was made by design. This book shows what it would take to make it again.