Welfare for the Wealthy: Parties, Social Spending, and Inequality in the United States, by Christopher G. Faricy
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Welfare for the Wealthy: Parties, Social Spending, and Inequality in the United States, by Christopher G. Faricy
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How does political party control of the federal government determine changes to social policy and by extension influence inequality in America? Conventional theories show that the Democratic Party when in power produces more social expenditures and consequently less inequality. Welfare for the Wealthy reexamines the relationship between parties and social policy by recognizing the social system as divided and government spending as a choice between public spending and private subsidies. Christopher Faricy argues that both Democrats and Republicans have electoral and policy incentives to increase social spending just delivered through different policy mechanisms and targeted towards divergent socioeconomic classes. Faricy using a unique data set of federal tax expenditures shows that Republicans increase social spending through the tax code, which benefits businesses and wealthier workers. In particular, he demonstrates that increases in the level of social tax expenditures are paid for with cuts to discretionary public social spending, which taken together contribute to higher levels of inequality. This analysis has implications for who provides social services, who receives government assistance for social benefits, and income inequality in the United States.
Welfare for the Wealthy: Parties, Social Spending, and Inequality in the United States, by Christopher G. Faricy- Amazon Sales Rank: #919171 in Books
- Published on: 2015-10-22
- Original language: English
- Number of items: 1
- Dimensions: 8.98" h x .75" w x 5.98" l, .0 pounds
- Binding: Hardcover
- 268 pages
Review "Another cherished conservative narrative -- that Democrats favor a big government to promote social welfare programs, while Republicans favor a small government that allows the free market to work its magic -- is rigorously disputed by Christopher Faricy. For Faricy, the real question is not some fanciful speculation about whether you can tolerate a welfare state that hampers your freedom, but rather a matter of which of these two welfare states you want: the one that spends public money to increase economic inequality, or the one that spends public money to reduce it." - The New York Times "Christopher Faricy provides a critically important and typically overlooked perspective on America's welfare state. By bringing tax expenditures, as well as direct government spending into the discussion, he shows that redistributive social policies are embraced by both political parties - using different policy tools and benefiting different constituencies. The powerful arguments and careful analyses in Welfare for the Wealthy enrich our understanding of both partisan politics and social welfare in the United States." - Martin Gilens, Princeton University, New Jersey "This eye-opening book deserves a wide audience among all who want America to do a better job of limiting and reversing growing economic inequalities. Contrary to the notion that US government taxes the rich to help the poor, Faricy shows that wealthy groups and high-income workers often reap the greatest benefits from public policies, especially from hidden tax breaks and subsidies." - Theda Skocpol, Victor S. Thomas Professor of Government and Sociology, Harvard University, Massachusetts and Director of the Scholars Strategy Network "The connections between party politics and social policy in the United States are often noted but seldom analyzed as systematically as they are in this book. Faricy shows that Democrats and Republicans disagree less over the size of the welfare state than over the beneficiaries. While Democrats favor direct spending to help the more vulnerable members of society, Republicans favor tax expenditures for the affluent. What seem like minor squabbles over policy tools thus have major implications for inequality. Previous case studies have suggested these patterns, but Faricy's statistical analysis of many programs over four decades provides a much-needed map of the entire terrain. Strongly recommended." - Christopher Howard, College of William and Mary, Virginia
About the Author Christopher Faricy is an Assistant Professor of Political Science and Public Policy at the Maxwell School of Citizenship and Public Affairs at Syracuse University, New York. His research has won a number of national awards including the American Political Science Association's 2012 Harold D. Lasswell Award and the Midwestern Political Science Association's 2010 Pi Sigma Alpha Award. His research has appeared in various journals including the Journal of Politics and Political Behavior and has been financed by the Russell Sage Foundation. His research has also been written about in the Washington Post, the Huffington Post, and Mother Jones.
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