The Broken Ladder: How Inequality Affects the Way We Think, Live, and Die by Keith Payne
“The Broken Ladder” is an excellent book that examines what inequality does to us as people. Psychologist Keith Payne examines how inequality changes how we experience the world and makes use of the latest insights in psychology, neuroscience and behavioral science to illustrate such changes. This insightful 252-page book includes the following nine chapters: 1. Lunch Lady Economics: Why Feeling Poor Hurts Like Being Poor, 2. Relatively Easy: Why We Can’t Stop Comparing Ourselves to Others, 3. Poor Logic: Inequality Has a Logic of Its Own, 4. The Right, the Left, and the Ladder: How Inequality Divides Our Politics, 5. Long Lives and Tall Tombstones: Inequality Is a Matter of Life and Death, 6. God, Conspiracies, and the Language of the Angels: Why People Believe What They Need to Believe, 7. Inequality in Black and White: The Dangerous Dance of Racial and Economic Inequality, 8. The Corporate Ladder: Why Fair Pay Signals Fair Play, and 9. The Art of Living Vertically: Flatter Ladders, Comparing with Care, and the Things That Matter Most.
Positives:
1. Engaging, well-written, well-researched book that is accessible to the masses.
2. An important and timely hot-button topic in the masterful hands of Keith Payne, how inequality affects us.
3. Good use of charts and diagrams to complement the excellent narrative.
4. Does a great job of describing key concepts of the book. “Over the years, hundreds of studies have replicated the Lake Wobegon effect. The studies show that most of us believe we are above average in intelligence, persistence, conscientiousness, badminton, and just about any other positive quality. The more we value the trait, the more we overrate ourselves with respect to it.”
5. Makes great use of multiple disciplines like psychology, neuroscience, and behavioral sciences to illustrate key points. Here he makes use of evolution, “The discovery that capuchin monkeys are averse to receiving unequal outcomes, much like humans, suggests that these tendencies are evolved rather than learned.”
6. Making clear what poverty and wealth truly are. “poverty and wealth are always relative to what other people have in a particular time and place.”
7. The keys to inequality. “Poverty concerns what a person has or lacks, while inequality describes how money is distributed, charting the distance between the haves and have-nots.”
8. Describes the impact of poor environments. “In short, poor environments cause poor outcomes, as a lack of resources leads to a lack of opportunity.”
9. Interesting section on the differences between liberals and conservatives. “The first and most obvious is that conservatives generally want to preserve tradition and the status quo, while liberals want to see changes in society.” “The second fundamental distinction between conservatives and liberals is their willingness to accept inequality.” “In study after study, subjects who see the world as a threatening and dangerous place tend to be more politically conservative. Those who see the world as safe, and who are motivated by exploring and trying new experiences, tend to support more liberal views.”
10. Interesting observations. “Sociologist Robb Willer analyzed presidential approval ratings between 2001 and 2004 and found that whenever the terror alert increased, so, too, did approval ratings for President Bush.” “Taken together, these observations suggest that the rise in inequality that has occurred over the past few decades might be contributing to increasingly intense partisanship and political conflict.”
11. The role of relative status examined. “As we expected based on the role of relative status, the higher-status group wanted to cut taxes and reduce redistribution, and the lower-status group wanted to increase taxes and benefits for future generations of players.”
12. Examines the feeling of superiority. “This research was the first to show that feeling superior in status magnifies our feeling that we see reality as it is while our opponents are deluded. It supports the idea that as the top and the bottom of the social ladder drift further apart, our politics will become more divisive. That is exactly what has happened over the past several decades.”
13. Interesting factoids spruced throughout the book. “In the U.S., states with higher inequality tend to have shorter life expectancies.”
14. Fascinating and eye-opening look at stress. “Stress does not create new energy; it only redirects it: When the stress response gives a boost in one area, it has to take something away somewhere else. In the face of the potential emergency stirring in the grass, your body shuts down all unnecessary functions. The glucose and proteins that flood your bloodstream are now being taken away from long-term projects like cell division, maintenance, and repair and redirected to the muscles.” “Indeed, studies have shown that people with lower incomes tend to have higher levels of stress hormones, like cortisol and adrenaline, in their bloodstreams.”
15. An examination of conspiracy theories. “To believe in a conspiracy, you trade a bit of your belief that the world is good, fair, and just in exchange for the conviction that at least someone—anyone—has everything under control.”
16. The relation between religion and inequality. “Highly unequal countries were much more religious than more equal ones.”
17. Examines how widening income inequality fuels racial prejudice and how racial stereotypes are used to justify and preserve that inequality. “The white applicant was called back twice as often as the equally qualified black applicant. Similar studies have been repeated with the same results in New York, Chicago, Atlanta, and other cities. They have also been replicated in areas other than employment. Black renters are much more likely than equally qualified white renters to be told there are no vacant apartments. Black shoppers are offered less favorable deals on cars and higher interest rates on mortgages than equally qualified whites. Antiblack bias is alive and well in twenty-first-century America.” “The researchers found that the “blacker” the inmates looked, the longer they were sentenced for identical offenses. Those near the top of the scale for “blackness” were sentenced between seven and eight months longer than those near the bottom.
18. Provocative statements. “Many people simply don’t feel very motivated to support fighting poverty when they imagine that minorities will be the beneficiaries.”
19. Sports inequality, who knew? “The teams with the greatest levels of pay inequality performed worse than those with less inequality.” Interesting.
20. A final chapter that brings it all together. “Inequality affects our behavior, and differences in behavior can magnify inequality.”
21. Key suggestions made. “Reducing inequality, similarly, has the potential to address scores of problems at once. But that requires moving away from seeing inequality through a moralizing lens. Instead, I believe we have to view inequality as a public health problem.” “Performance in real life depends on ability, effort, and chance.”
Negatives:
1. I don’t agree with every assertion. Consider, “And the method works. Individuals who are religious tend to be happier and less anxious—about both life and death—than those who are not. Some belief systems provide comfort and reassurance in ways that ordinary thinking cannot.” Comfort yes but happier? There is a great book called Society Without God by Phil Zuckerman that would contest such conclusion.
2. Notes were not linked, thus not taking advantage of the power of electronic books.
3. No formal bibliography.
4. As with most books of this ilk, much more time is spent analyzing the ills than the cure.
In summary, what a fun, stimulating book this was. Payne hits a homerun by focusing on the many ways that inequality impacts our society. The findings are compelling and his suggestions are persuasive. A high recommendation!
Further suggestions: “Toxic Inequality” by Thomas M. Shapiro, “A Colony In A Nation” by Chris Hayes, “Winner-Take All Politics” by Jacob S. Hacker, “Screwed the Undeclared War Against the Middle Class” by Thom Hartmann, “The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America…” by Michael W. Hudson, “White Rage” by Carol Anderson, “Perfectly Legal…” by David Cay Johnston, “This Fight Is Our Fight” by Elizabeth Warren, “The Looting of America” by Les Leopold and “The Great American Stickup” by Robert Scheer.