The Death of the Middle Class and How to Fix It

Hanauer and Priestley argue that recent economic policy has concentrated wealth while leaving many workers behind. They disagree over whether stronger wage standards or broader asset ownership should lead the response. Fixing this crisis requires abandoning trickle-down theories in favor of a new paradigm that curbs concentrated corporate power, enforces fair labor standards, and broadens economic ownership through conditions that better support small business and local enterprise.