Toxic Inequality is as much about the "baked-in" middle class as it is the makeshift middle class. Shapiro returns to the homes and communities of families with similar outlooks but divergent outcomes and resources. They comprise a labor market in which high productivity penalizes the hourly wage earner, among other segments, and employer-sponsored benefits incentivizes wealth accumulation for the salaried one.
Apart from Shapiro's insights and solutions, the book's bread and butter are the in-home interviews with respective Black and White families years later. ... the post-Recession follow up to The Hidden Cost of Being African-American.
A review of Toxic Inequality: How America's Wealth Gap Destroys Mobility, Deepens the Racial Divide, and Threatens Our Future (Thomas M. Shapiro).
Related: Black Voters
Related: Black Voters, II
Related: Pay Gap (2019)
Related: "The History of Black Business in America, Vol. 1" (2019)