Cumulative Advantage and Disadvantage: Across the Life Course, Across Generations

Abstract

sin resumen Recent events—both economic and political—have made painfully clear rising levels of inequality in the United States. Financial data to that effect have been piling up since the turn of the century, with the publicity (and sales) surrounding Thomas Piketty’s (2014) 696-page tome Capital in the Twenty-First Century being perhaps the most unanticipated purveyor of the news. In the political arena, Elizabeth Warren’s election to the Senate in 2012 and Bernie Sanders’s emergence in the 2016 presidential campaign appear to herald a phoenix-like rise and partial institutionalization of 2011’s Occupy Wall Street movement.