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Preface ix
1 The New Gilded Age 1
Escalating Economic Inequality 6
Interpreting Inequality 13
Economic Inequality as a Political Issue 19
Inequality and American Democracy 23
2 The Partisan Political Economy 29
Partisan Patterns of Income Growth 31
A Partisan Coincidence? 34
Partisan Differences in Macroeconomic Policy 42
Macroeconomic Performance and Income Growth 47
Partisan Policies and Post-Tax Income Growth 54
Democrats, Republicans, and the Rise of Inequality 61
3 Class Politics and Partisan Change 64
In Search of the Working Class 66
Has the White Working Class Abandoned the Democratic Party? 72
Have Working-Class Whites Become More Conservative? 78
Do “Moral Values” Trump Economics? 83
Are Religious Voters Distracted from Economic Issues? 90
Class Politics, Alive and Well 93
4 Partisan Biases in Economic Accountability 98
Myopic Voters 99
The Political Timing of Income Growth 104
Class Biases in Economic Voting 110
The Wealthy Give Something Back: Partisan Biases in Campaign Spending 116
Political Consequences of Biased Accountability 120
5 Do Americans Care about Inequality? 127
Egalitarian Values 130
Rich and Poor 136
Perceptions of Inequality 143
Facts and Values in the Realm of Inequality 148
6 Homer Gets a Tax Cut 162
The Bash Tax Cuts 164
Public Support for the Tax Cuts 170
Unenlightened Self-Interest 176
The Impact of Political Information 181
Chump Change 186
Into the Sunset 193
7 The Strange Appeal of Estate Tax Repeal 197
Public Support for Estate Tax Repeal 198
Is Public Support for Repeal a Product of Misinformation? 205
Did Interest Groups Manufacture Public Antipathy to the Estate Tax? 214
Elite Ideology and the Politics of Estate Tax Repeal 217
8 The Eroding Minimum Wage 223
The Economic Effects of the Minimum Wage 227
Public Support for the Minimum Wage 229
The Politics of Inaction 232
Democrats, Unions, and the Eroding Minimum Wage 239
The Earned Income Tax Credit 246
Reversing the Tide 247
9 Economic Inequality and Political Representation 252
Ideological Representation 254
Unequal Responsiveness 257
Unequal Responsiveness on Social Issues: The Case of Abortion 265
Partisan Differences in Representation 267
Why Are the Poor Unrepresented? 275
10 Unequal Democracy 283
Who Governs? 285
Partisan Politics and the “Have-Nots” 288
Political Obstacles to Economic Equality 294
The City of Utmost Necessity 298
Selected References 305
Index 317
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Norbert Pniewski
reviewed Unequal Democracy: The Political Economy of the New Gilded Age on May 22, 2010
Unequal Democracy: The Political Economy of the New Gilded Age
This is political scientist Larry Bartels' statistical look at the growing income inequality in America and the effects income has on American politics (and vice versa). He uses data and regression analysis to show that income inequality grows during Republican presidencies and rich people have more influence on how representatives vote. Wow, really Captain Obvious? It took you six years and 300 pages to figure that out? It is rumored that in his next book, Bartels will use deep statistical analysis to prove that the sun rises in the morning and fat people eat more than skinny people.
In all seriousness, while some of the results are obvious, the statistics behind them are interesting as well as some of the factors leading to those results. Most interestingly, Bartels does his best to approach the data and results in a non-biased and factual manner. He claims not to have voted in an election since 1984 when he voted for Reagan, so he's not a left wing nut, though his findings in the book have clearly swung his political views to the left.
In the end, one is left wondering why anyone would ever vote Republican if economics are their main concern since all levels of income earners do better under Democratic presidents and six of the last seven recessions have happened under Republican presidents. Bartels attempts to show why these seemingly nonsensical and non-constituent maximizing political results happen by highlighting the effects of information asymmetry, economic standing, short sightedness of voters, and party line voting. He examines seemingly incongruous results through real world data and examples such as the minimum wage and estate tax.
Independents and Republicans should read this book as it is not a polemic and is as reasoned as a conclusion making political book can be. Data doesn't lie, nor do statistics, despite what Mark Twain opined.
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