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Description
The Price of InequalityThe top 1 percent of Americans control some 40 percent of the nation's wealth. But as Joseph E. Stiglitz explains in this best selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was. They have made America the most unequal advanced
The top 1 percent of Americans control some 40 percent of the nation's wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was. They have made America the most unequal advanced industrial country while crippling growth, distorting key policy debates, and fomenting a divided society. Stiglitz not only shows how and why America's inequality is bad for our economy but also exposes the effects of inequality on our democracy and on our system of justice while examining how monetary policy, budgetary policy, and globalization have contributed to its growth. With characteristic insight, he diagnoses our weakened state while offering a vision for a more just and prosperous future.
Binding Type: Paperback
Publisher: W. W. Norton & Company
Published: 04/08/2013
ISBN: 9780393345063
Pages: 523
Weight: 1.00lbs
Size: 8.27h x 5.47w x 1.45d
Review Citations: New York Times Book Review 05/19/2013 pg. 28
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