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The_Art_of_Inequality

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all, and the terms through which it was beginning to be articulated<br />

were largely ecological in nature [See HH: 1970].<br />

Despite attention paid to environmental causes, as well as<br />

the Cold War’s geopolitical repercussions, the techniques<br />

of globalism—namely deregulation and management of<br />

the worldwide recession—were increasingly relegated to<br />

the realm of finance. The CEA paints expanded participation<br />

as exclusive to the market economy, bracketing out<br />

the other sociocultural transformations that facilitated it.<br />

President Richard Nixon’s moratorium on federal subsidies<br />

for the construction of public housing and the introduction<br />

in 1974 of a precursor to the contemporary housing<br />

voucher program are two of the more obvious signs of<br />

this shift [See HH: 1973]. 35<br />

President Ronald Reagan continued this move<br />

from brick-and-mortar subsidies to tenant-based housing<br />

allowances—a shift taking place across advanced industrialized<br />

countries, in line with generally decreased faith<br />

in welfare-state services, an increased reliance on the private<br />

market to fulfill this role, and a growing emphasis on<br />

consumer choice [See HH: 1986]. 36 Precisely at this time,<br />

when low-income households lacked the financial security<br />

that had made housing a sound investment for the<br />

middle class before them, the U.S. and other advanced<br />

industrialized countries began to promote low-income<br />

homeownership. 37<br />

Taking these factors into account generates friction<br />

with received narratives of baby-boomer prosperity<br />

as reinforced by the CEA. Not only was the underclass in<br />

a more precarious position than it had been in previous<br />

generations, but its ever more limited options were increasingly<br />

determined through according to the metric of<br />

security. If, during this era as defined by the CEA, participation<br />

was expanding in the middle-class workforce, for<br />

those less fortunate it was also expanding in the nascent<br />

prison-industrial complex. Increasingly, housing in the<br />

United States included not only single family homes and<br />

multi-family apartments, but cellblocks—with the incarceration<br />

rate increasing fourfold since the early 1970s. 38<br />

The institution of punitive drug laws, beginning in New<br />

York State in 1973 and spreading across the country, was<br />

a major contributor to the trend. Drug convictions were<br />

heavily concentrated in inner cities—spaces largely excluded<br />

from the “shared growth” of the immediate postwar<br />

era. 39 African American men born between 1945 and<br />

1949—a demographic concentrated in said areas—had a 10<br />

percent probability of being imprisoned by the age of 34.<br />

Among those born thirty years later, this likelihood rose to<br />

27 percent. For white men, the probabilities were, respectively,<br />

1.4 percent and 5.4 percent. 40<br />

The CEA does not once use the words “crime,”<br />

“prison,” or “incarceration” in its report. Admittedly,<br />

these issues fall outside their stated purview. And yet,<br />

this purview—assuming an economy with a traceable exterior—is<br />

itself historically informed by inequalities of all<br />

kinds. Received narratives of increasing participation in<br />

the market should be read not simply alongside, but rather<br />

within narratives of decreasing participation in civic life.<br />

1.2.3.3 “The Age of Productivity Recovery (1995–2013)”<br />

After decades of decreasing productivity and increasing<br />

participation, the CEA credits the incorporation<br />

of information technology for its most recent era of “productivity<br />

recovery” and the concomitant improvements in<br />

the stagnating economy. However, the CEA also notes that<br />

income inequality worsened during this period—a trend<br />

which began during the financialized, deregulated “Age of<br />

Expanded Participation.” 41<br />

Following through on tendencies from the previous<br />

decade, welfare reform in the U.S. was one way that<br />

the federal government sought to better capitalize on the<br />

recent expansion of the marketplace while avoiding any<br />

48 49

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