Promised Land - How the Rise of the Middle Class Transformed America, 1929-1968
epub | 1.65 MB | English | Author :David Stebenne | 1982102705 | 2020 | Scribner

Book Description :

A timely work of groundbreaking history explains how the American middle class ballooned at mid-century until it dominated the nation, showing who benefited and what brought the expansion to an end.
In Promised Land, David Stebenne examines the extraordinary revival of the middle class in mid-twentieth century America and how it drastically changed the country. The story begins with the pervasive income and wealth inequality of the pre-New Deal period. What followed-Roosevelt's reforms, the regulation of business and finance, higher taxation of the truly affluent, and greater government spending-began a great leveling. World War II brought the military draft and the GI Bill, similarly transformative elements that also helped expand the middle class. For decades, economic policies and cultural practices strengthened the trend, and by the 1960s the middle class dictated American tastes from books to TV sho to housing to food, creating a powerful...

Category : | Social Classes & Economic Disparity, Economic Conditions, Sociology of Class