The Broken Ladder

A timely examination by a leading scientist of the physical, psychological, and moral effects of inequality. Today’s inequality is on a scale that none of us has seen in our lifetimes, yet this disparity between rich and poor has ramifications that extend far beyond mere financial means. In The Broken Ladder psychologist Keith Payne examines how inequality divides us not just economically, but has profound consequences for how we think, how our cardiovascular systems respond to stress, how our immune systems function, and how we view moral ideas like justice and fairness. Experiments in psychology, neuroscience, and behavioral economics have not only revealed important new insights on how inequality changes people in predictable ways, but have provided a corrective to our flawed way of viewing poverty as the result of individual character failings. Among modern, developed societies, economic inequality is not primarily about money, but rather about relative status: where we stand in relation to other people. Regardless of their average income, countries or states with greater levels of income inequality have much higher rates of all the social problems we associate with poverty, including lower average life expectancies, serious health issues, mental illness, and crime. The Broken Ladder explores such issues as why women in poor societies often have more children, and have them younger; why there is little trust among the working class that investing for the future will pay off; why people’s perception of their relative social status affects their political beliefs, and why growing inequality leads to greater political divisions; how poverty raises stress levels in the same way as a physical threat; inequality in the workplace, and how it affects performance; why unequal societies become more religious; and finally offers measures people can take to lessen the harm done by inequality in their own lives and the lives of their children.

'A persuasive and highly readable account of how rising inequality, and not just absolute poverty, is undermining our politics, social cohesion, long-term prosperity and general well-being' Barack Obama Inequality makes us feel poor and act poor, even when we're not. It affects our mood, decision-making and even our immune systems. Using groundbreaking research in psychology and neuroscience, Keith Payne explains how inequality shapes our world and influences our thinking, how we perform at work and respond to stress - and what we can do to combat its most insidious effects on our lives. 'Eye-opening' Susan Cain, author of Quiet 'Important, timely and beautifully written' Adam Atler, author of Irresistible

This book explains the paradox of India's rapid growth and widespread poverty by looking at hundreds of life stories and the latest research.

Although foster youth have college aspirations similar to their peers, fewer than one in ten ultimately complete a two-year or four-year college degree. What are the major factors that influence their chances of succeeding? Climbing a Broken Ladder advances our knowledge of what can be done to improve college outcomes for a student group that has largely remained invisible in higher education. Drawing on data from one of the most extensive studies of young people in foster care, Nathanael J. Okpych examines a wide range of factors that contribute to the chances that foster youth enroll in college, persist in college, and ultimately complete a degree. Okpych also investigates how early trauma affects later college outcomes, as well as the impact of a significant child welfare policy that extends the age limit of foster care. The book concludes with data-driven and concrete recommendations for policy and practice to get more foster youth into and through college.

The new novel from the beloved New York Times bestselling author of The Boy in the Striped Pajamas and The Heart's Invisible Furies, a seductive Highsmithian psychodrama following one brilliant, ruthless man who will stop at nothing in his pursuit of fame. If you look hard enough, you can find stories pretty much anywhere. They don't even have to be your own. Or so would-be writer Maurice Swift decides very early on in his career. A chance encounter in a West Berlin hotel with celebrated novelist Erich Ackermann gives him an opportunity to ingratiate himself with someone more powerful. For Erich is lonely, and he has a story to tell. Whether or not he should do so is another matter. Once Maurice has made his name, he sets off in pursuit of other people's stories. He doesn't care where he finds them--or to whom they belong--as long as they help him rise to the top. Stories will make him famous but they will also make him beg, borrow and steal. They may even make him do worse. A psychological drama of cat and mouse, A Ladder to the Sky shows how easy it is to achieve the world if you are prepared to sacrifice your soul.

Darkness will not last forever. Together we can climb toward the light. They were as troubled as we, our ancestors, those who came before us, and all for the very same reasons: fear of illness, a broken heart, fights in the family, the threat of another war. Corrupt politicians walked their stage, and natural disasters appeared without warning. And yet they came through, carrying us within them, through the grief and struggle, through the personal pain and the public chaos, finding their way with love and faith, not giving in to despair but walking upright until their last step was taken. My culture does not honor the ancestors as a quaint spirituality of the past but as a living source of strength for the present. They did it and so will we. In the same voice that has comforted and challenged countless readers through his daily social media posts, Choctaw elder and Episcopal priest Steven Charleston offers words of hard-won hope, rooted in daily conversations with the Spirit and steeped in Indigenous wisdom. Every day Charleston spends time in prayer. Every day he writes down what he hears from the Spirit. In Ladder to the Light he shares what he has heard with the rest of us and adds thoughtful reflection to help guide us to the light Native America knows something about cultivating resilience and resisting darkness. For all who yearn for hope, Ladder to the Light is a book of comfort, truth, and challenge in a time of anguish and fear.

Broken Ladders: Managerial Careers in the New Economy provides the first comprehensive view of how the careers of managers in organizations are changing. Broken Ladders reports on the employment security, advancement prospects, skills, and wages of managers in a wide range of firms and industries. These cases show that one myth--that the number of managers is declining--is wrong. But the job tenure of middle managers is more precarious. They can no longer expect steady promotions up the ladder, nor can they expect life-time employment with the same firm. New organizational designs demand new skills from managers and Broken Ladders describes what these are. On another front, managerial pay has not declined at the same rate as other workers. However, the pay gap between senior and middle managers has widened. Given job insecurity and growing pay inequality firms confront a difficult dilemma: how to maintain the commitment of their managers at the same time that the employers are reducing their commitment to their employees. Broken Ladders will be of interest to scholars and students in the fields of human resources, labor economics, career development, and organizational behavior. It will also be important reading for managers and strategic planners who have to take account of the changing nature of employment.

This report provides new evidence on social mobility in the context of increased inequalities of income and opportunities in OECD and selected emerging economies. It covers the aspects of both, social mobility between parents and children and of personal income mobility over the life course, ...