Acknowledgments vii Introduction: Wealth and Poverty in the Affluent Society 1 Part I: On the Origins and Causes of Wealth and Poverty: Systemic Explanations 11 1. Of the Division of Labor 13 Adam Smith 2. Absolute and Relative Surplus Value 21 Karl Marx 3. The Protestant Ethic and the Spirit of Capitalism 29 Max Weber 4. Some Principles of Stratification 43 Kingsley Davis and Wilbert Moore 5. Winner-Take-All Markets 53 Robert H. Frank and Philip J. Cook Part II: Who's Rich, Who's Poor: How Resources Affect Life Chances 67 6.

Inequality 69 Christopher Jencks 7. What Money Can't Buy: Family Income and Children's Life Chances 76 Susan Mayer 8. Being Black, Living in the Red: Race, Wealth and Social Policy in America 83 Dalton Conley 9. Black Picket Fences: Privilege and Peril among the Black Middle Class 96 Mary Patillo-McCoy 10. Ain't No Making It: Aspirations and Attainment in a Low-Income Neighborhood 115 Jay MacLeod Part III: Lifestyles of the Rich and Famous 127 11. From Democracy in America 129 Alexis de Tocqueville 12. The Miser and the Spendthrift 135 Georg Simmel 13. The Very Rich 140 C.

Wright Mills 14. Bobos in Paradise: The New Upper Class and How they Got There 161 David Brooks 15. The Case of Pullman, Illinois 172 Michael Walzer Part IV: Lifestyles of the Poor and Anonymous 179 16. Swapping 181 Carol Stack 17. The Code of the Streets 190 Elijah Anderson 18. Sidewalk Sleeping and Crack Bingeing 201 Mitchell Duneier 19. Whores, Slaves, and Stallions: Languages of Exploitation and Accommodation Among Prizefighters 211 Loic Wacquant Part V: What is to Be Done? Wealth, Poverty, and Public Policy 223 20. In the Shadow of the Poorhouse: A Social History of Welfare in America 225 Michael Katz 21.

The Hidden Agenda 254 William Julius Wilson 22. The Stakeholder Society 267 Bruce Ackerman and Anne Alstott 23. Black Economic Progress in the Era of Mass Imprisonment 278 Bruce Western, Becky Pettit, Josh Guetzkow Additional Readings 291 Index 293.