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The Rise of Inequality and the Fall of Social Mobility: Economic Policies for a Fairer Society

The Rise of Inequality and the Fall of Social Mobility: Economic Policies for a Fairer Society

Hardcover

Investing & FinanceLaborGeneral Political Science

ISBN10: 3031928423
ISBN13: 9783031928420
Publisher: Palgrave MacMillan
Published: Aug 14 2025
Pages: 459
Weight: 1.60
Height: 1.06 Width: 5.83 Depth: 8.27
Language: English
This book examines the disappearance of upward mobility and the rise of inequality within Western societies. It explores intergenerational social mobility and charts its evolution over recent decades. Particular attention is given to the economic changes that have impacted social mobility trends since the introduction of neoliberal doctrine by the Reagan and Thatcher governments. The promises of meritocracy and increased opportunity through education are shown to be false during a time when trickle-down economics - namely, deregulation and austerity in public policies - is driving a rise in inequality, with the benefits of economic growth being collected by the wealthy elite. By highlighting the negative impacts of these economic trends, including the increase in poorly paid and insecure jobs, a new set of public policies are presented that better utilise the skills present within the labour market to create economic equity.

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General Political Science