Winner-Take-All Politics

By Jacob S. Hacker, Paul Pierson,

Book cover of Winner-Take-All Politics: How Washington Made the Rich Richer--And Turned Its Back on the Middle Class

Book description

A groundbreaking work that identifies the real culprit behind one of the great economic crimes of our time- the growing inequality of incomes between the vast majority of Americans and the richest of the rich.

We all know that the very rich have gotten a lot richer these past few…

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Why read it?

2 authors picked Winner-Take-All Politics as one of their favorite books. Why do they recommend it?

Hacker explores the connection between America’s present yawning inequality and the deliberate decisions made by key political figures throughout the last 50 years. While off-shoring and technological innovation have contributed to the ever poorer job prospects and conditions for the poor and working-class, he argues that our government is just as much to blame. We could have taken action to protect these constituencies but rather defended the interests of corporate America and the radical rich (his term for wealth conservative donors such as the Koch Brothers). The book is very well-researched and easily digestible.

This is a book about how inequality and economic crisis reflect what the government has done to aid the rich and what it has not done to safeguard the interests of the middle class. Hacker and Pierson trace the rise of the winner-take-all economy back to the late 1970s when, under Democratic president Carter and a Democratic Congress, a major transformation of American politics occurred. With big business and conservative ideologues organizing themselves to undo the regulations and progressive tax policies that had helped ensure a fair distribution of economic rewards, deregulation got underway, taxes were cut for the wealthiest,…

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