Pinched: How the Great Recession Has Narrowed Our Futures and What We Can Do About It

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9780307886545
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Grouped Work ID27b16f26-2f47-145c-6ad4-3b1d987cd1e2
Grouping Titlepinched how the great recession has narrowed our futures and what we can do about it
Grouping Authorpeck don
Grouping Categorybook
Last Grouping Update2019-10-20 07:31:38AM
Last Indexed2019-10-20 07:45:45AM

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authorDon Peck
author_displayDon Peck
display_descriptionThe Great Recession is not done with us yet. While the most acute part of the economic crisis is past, the recession's most significant impact on American life still lies in the future. The personal, social, and cultural changes that result from severe economic shocks build and manifest themselves only slowly. But history shows us that, ultimately, shocks this severe profoundly alter the character of society.

Don Peck's Pinched, a fascinating and harrowing exploration of our dramatic economic climate, keenly observes how the recession has changed the places we live, the work we do, and even who we are—and details the transformations that are yet to come. Every class and every generation will be affected: newly minted college graduates, blue-collar men, affluent professionals, exurban families, elite financiers, inner city youth, middle-class retirees.

This was not an ordinary recession, and ordinary responses will not fully end it. The crash has shifted the course of the economy. In its aftermath, the middle class is shrinking faster, wealth is becoming more concentrated, twenty-somethings are sinking, and working-class families and communities are changing in unsavory ways.

We sit today between two eras, buffeted, anxious, and uncertain of the future. Through vivid reporting and lucid argument, Peck helps us make sense of how our society has changed, and why so many people are still struggling.

The answers to these questions reveal a new way forward for America. The country has endured periods like this one before, and has emerged all the stronger from them; adaptation and reinvention have been perhaps the nation's best and most enduring traits. The time is ripe for another such reinvention. Pinched lays out the principles and public actions that can help us pull it off.
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publishDate2011
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title_displayPinched How the Great Recession Has Narrowed Our Futures and What We Can Do About It
title_fullPinched How the Great Recession Has Narrowed Our Futures and What We Can Do About It
title_shortPinched
title_subHow the Great Recession Has Narrowed Our Futures and What We Can Do About It
topic_facetBusiness
Nonfiction
Politics
Sociology