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[财经英语角区] 20120211 Follow Me 276 Money and Morals   [推广有奖]

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bengdi1986 发表于 2012-2-11 10:06:55 |AI写论文

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Money and Morals
By PAUL KRUGMAN Published: February 9, 2012

Lately inequality has re-entered the national conversation. Occupy Wall Street gave the issue visibility, while the Congressional Budget Office supplied hard data on the widening income gap. And the myth of a classless society has been exposed: Among rich countries, America stands out as the place where economic and social status is most likely to be inherited.


So you knew what was going to happen next. Suddenly, conservatives are telling us that it’s not really about money; it’s about morals. Never mind wage stagnation and all that, the real problem is the collapse of working-class family values, which is somehow the fault of liberals.



But is it really all about morals? No, it’s mainly about money.


To be fair, the new book at the heart of the conservative pushback, Charles Murray’s “Coming Apart: The State of White America, 1960-2010,” does highlight some striking trends. Among white Americans with a high school education or less, marriage rates and male labor force participation are down, while births out of wedlock are up. Clearly, white working-class society has changed in ways that don’t sound good.



But the first question one should ask is: Are things really that bad on the values front?

Mr. Murray and other conservatives often seem to assume that the decline of the traditional family has terrible implications for society as a whole. This is, of course, a longstanding position. Reading Mr. Murray, I found myself thinking about an earlier diatribe, Gertrude Himmelfarb’s 1996 book, “The De-Moralization of Society: From Victorian Virtues to Modern Values,” which covered much of the same ground, claimed that our society was unraveling and predicted further unraveling as the Victorian virtues continued to erode.


Yet the truth is that some indicators of social dysfunction have improved dramatically even as traditional families continue to lose ground. As far as I can tell, Mr. Murray never mentions either the plunge in teenage pregnancies among all racial groups since 1990 or the 60 percent decline in violent crime since the mid-90s. Could it be that traditional families aren’t as crucial to social cohesion as advertised?



Still, something is clearly happening to the traditional working-class family. The question is what. And it is, frankly, amazing how quickly and blithely conservatives dismiss the seemingly obvious answer: A drastic reduction in the work opportunities available to less-educated men.


Most of the numbers you see about income trends in America focus on households rather than individuals, which makes sense for some purposes. But when you see a modest rise in incomes for the lower tiers of the income distribution, you have to realize that all — yes, all — of this rise comes from the women, both because more women are in the paid labor force and because women’s wages aren’t as much below male wages as they used to be.



For lower-education working men, however, it has been all negative. Adjusted for inflation, entry-level wages of male high school graduates have fallen 23 percent since 1973. Meanwhile, employment benefits have collapsed. In 1980, 65 percent of recent high-school graduates working in the private sector had health benefits, but, by 2009, that was down to 29 percent.



So we have become a society in which less-educated men have great difficulty finding jobs with decent wages and good benefits. Yet somehow we’re supposed to be surprised that such men have become less likely to participate in the work force or get married, and conclude that there must have been some mysterious moral collapse caused by snooty liberals. And Mr. Murray also tells us that working-class marriages, when they do happen, have become less happy; strange to say, money problems will do that.



One more thought: The real winner in this controversy is the distinguished sociologist William Julius Wilson.


Back in 1996, the same year Ms. Himmelfarb was lamenting our moral collapse, Mr. Wilson published “When Work Disappears: The New World of the Urban Poor,” in which he argued that much of the social disruption among African-Americans popularly attributed to collapsing values was actually caused by a lack of blue-collar jobs in urban areas. If he was right, you would expect something similar to happen if another social group — say, working-class whites — experienced a comparable loss of economic opportunity. And so it has.


So we should reject the attempt to divert the national conversation away from soaring inequality toward the alleged moral failings of those Americans being left behind. Traditional values aren’t as crucial as social conservatives would have you believe — and, in any case, the social changes taking place in America’s working class are overwhelmingly the consequence of sharply rising inequality, not its cause.

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关键词:follow money moral oral Mon countries inherited economic national supplied

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tianliehuo 发表于40楼  查看完整内容

Sounds great. not only among rich countries, in the developing countries , including China, economic and social status is most likely to be inherited. This is a problem that nearly every county must face up to. No matter it is about money or moral, we must know that in the market economy, money has played a more and more important role in our life. The importance of morals has been ignore ...

xc2010economics 发表于7楼  查看完整内容

Among rich countries, America stands out as the place where economic and social status is most likely to be inherited 在富裕国家中,美国作为一个经济和社会地位是最有可能被继承的地方尤为突出 Never mind wage stagnation and all that, the real problem is the collapse of working-class family values, which is somehow the fault of liberals 这跟工资停滞合其他的所有都无关,真正的问题是工薪家庭价值观的崩溃 ...
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xc2010economics + 5 + 5 + 5 PAUL KRUGMAN is my idol

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zifeng2008 在职认证  学生认证  发表于 2012-2-11 10:20:46

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拜读

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bjmayi 发表于 2012-2-11 11:12:25

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格鲁格曼说得有道理
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板凳
okko123 发表于 2012-2-11 11:16:21

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好久没有来看了
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bengdi1986 + 10 + 1 + 1 + 1 呵呵,日后要常来了

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报纸
bengdi1986 发表于 2012-2-11 11:19:39
okko123 发表于 2012-2-11 11:16
好久没有来看了
呵呵,我也刚回来,一起学习

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qiushenglx 发表于 2012-2-11 12:07:52

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His essay is a little hard. Just study.
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bengdi1986 + 5 + 1 + 1 + 1 come on

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xc2010economics 在职认证  发表于 2012-2-11 12:29:00

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Among rich countries, America stands out as the place where economic and social status is most likely to be inherited
在富裕国家中,美国作为一个经济和社会地位是最有可能被继承的地方尤为突出
Never mind wage stagnation and all that, the real problem is the collapse of working-class family values, which is somehow the fault of liberals
这跟工资停滞合其他的所有都无关,真正的问题是工薪家庭价值观的崩溃,这是莫名其妙的自由派的失误

as usual ,PAUL KRUGMAN 's critical is about a period time of the United States' social and economic changes . thus it's a bit hard for us to understand without some background knowledge. in his new book Money and Morals ,he wnts to rectufy traditional conservatives opiniion about money and morals, which is that it’s about morals. Never mind wage stagnation and all that, the real problem is the collapse of working-class family values, which is somehow the fault of liberals.
KRUGMAN takes the view tha the social changes taking place in America’s working class are overwhelmingly the consequence of sharply rising inequality, not its cause. it is the consequence not cause .
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“人生就像滚雪球。最重要的是发现很湿的雪和很长的坡。” — — 沃伦 巴菲特

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李何鹏 发表于 2012-2-11 12:33:53

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As the old saying told: Money can't make you go everywhere , but without money you can go nowhere. Seeing the economic of our country rising with high speed, I really hope that we can stop for a while to wait for the following of our soul sometime.
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hubing580900 在职认证  发表于 2012-2-11 12:40:48

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好久没来这个板块啦
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bengdi1986 + 20 + 1 + 1 + 1 呵呵,那些天我也不在,日后一起学习了

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flyinn 发表于 2012-2-11 13:19:16

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Very good editing,highlights and paragraphs, I really appreciate that.
It is about morals? or it about money? It makes no difference which one is the reason.
The truth is maybe about the social system, about the humnan nature itself, which can not be avoided.
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bengdi1986 + 40 + 2 + 2 + 2 thanks for your appreciation!

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