There have been troubling trends in economic inequality, deprivation, and insecurity in the U.S. since the 1970s. This inequality and insecurity has left the American social fabric ‘fraying at the edges,’ in the words of Joseph Stiglitz. Scholars have recently begun focusing their attention on phenomena which are reflective of and associated with this fraying social fabric: the increasing economic insecurity and emerging ‘politics of resentment’ of the White working class in the U.S. This piece contains excerpts from interviews that Lawrence Eppard conducted with two important scholars, Arlie Hochschild and Richard Wilkinson, who have explored these issues in their work in different ways. The interviews touch on a variety of topics, including growing inequality and its social consequences, the role of government in addressing inequality, White working-class resentment, the impact of racism and sexism on White working-class attitudes and politics, the 2016 U.S. presidential election, political polarization, and dominant American notions of freedom. Much of the discussion focuses on Hochschild’s work in Strangers in Their Own Land and Wilkinson’s work with Kate Pickett in The Spirit Level.
The Role of Government and Private Institutions in Credit Cycles in the U.S. Mortgage Market
