The Shrinking Middle Class: Why America is becoming a Two-Class Society
Select Format
Select Condition 
Book Overview
The Shrinking Middle Class: Why America is Becoming a Two-Class Society offers a powerful, eye-opening examination of the economic forces dismantling the American Dream. Emanuel Collado delivers a sharp, insightful analysis of how decades of political decisions, global trade shifts, and unchecked financial systems have eroded the middle class-once the foundation of American prosperity.
This book explores the historical and economic trends that have led to increasing income inequality, job loss, and the hollowing out of financial security for millions of working families. From the decline of U.S. manufacturing to the explosion of national debt, Collado traces the transformation of an economy that once rewarded hard work into one that favors capital over labor.
He begins by examining the causes of the current economic crisis, including the fallout from outsourcing, the collapse of retirement security for baby boomers, and the manipulation of the dollar by central banks. A central theme emerges: the shift from a production-based economy to one driven by debt, speculation, and consumption.
Chapters on the Federal Reserve, inflation vs. deflation, and the widening gap between rich and poor offer both explanation and urgency. The author exposes how monetary policy, global labor markets, and corporate interests have built a system that rewards the wealthy while trapping the middle class in cycles of debt and stagnation.
But this book is not just a warning-it's a roadmap. In the later chapters, Collado provides practical steps individuals and families can take to survive and adapt in a two-class society. From financial literacy and debt reduction to income diversification and long-term investing, he outlines how ordinary people can reclaim control of their financial futures.
With clarity, conviction, and a call to action, The Shrinking Middle Class gives readers the tools to better understand the crisis-and the courage to change their role in it.
Customer Reviews
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
