The economics of the ghetto.
Material type: TextPublication details: New York, Pegasus [1970]Description: xi, 266 p. illustrations and diagrams ; 21 cmSubject(s): DDC classification:- 339.4/6/0973
- HC 110 .P6 B43 1970
Item type | Current library | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|
BOOKS | Niebyl-Proctor Marxist Library General Stacks | HC 110 .P6 B43 1970 (Browse shelf(Opens below)) | Not For Loan | NPML18100016 |
Bibliography: p. 255-262.
Chapter one: Economics and the ghetto -- Chapter two: Income and poverty -- Chapter three: Housing -- Chapter four: The economics of people -- Chapter five: Employment and the labor market -- Chapter six: Consumers and markets -- Chapter seven: Income and welfare programs -- Chapter eight: Employment and training -- Chapter nine: Education and housing -- Chapter ten: The ghetto economy.
Ghettos in America, one of the most corrosive problems of our society, have yet to be understood in economic terms. This book grapples with the real questions: Why is $3,000 a poverty-level income? Why isn't the ghetto just a fancy term for "slum"? How can we get people off welfare? The author brilliantly demonstrates how employment, wages, rents, prices, housing, and consumption different inside the ghetto at every level of income. In this way, the reader is given a precise economic definition of a ghetto, and a careful and absorbing analysis that goes far deeper than description to reach the causes as well.
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