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Politics & Social Sciences

Rating: 4.4 / 5.0 (67 votes)

Released: 2012-06-04

The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph E. Stiglitz


A forceful argument towards America's vicious circle of rising inequality through the Nobel Prize–successful economist.

The highest 1 p.c of Americans regulate forty % of the nation’s wealth. And, as Joseph E. Stiglitz explains, while those at the prime experience the very best well being care, education, and advantages of wealth, they fail to understand that “their fate is sure up with how the opposite ninety nine p.c are living.”

Stiglitz draws on his deep figuring out of economics to indicate that rising inequality just isn’t inevitable: moneyed interests compound their wealth by means of stifling true, dynamic capitalism. They have got made America probably the most unequal advanced industrial united states of america while crippling increase, trampling on the rule of thumb of law, and undermining democracy. The outcome: a divided society that cannot sort out its most pressing problems. With attribute perception, Stiglitz examines our present state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

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e Book Details

Creator: Joseph E. Stiglitz Publisher: W. W. Norton & Com.. Binding: Kindle Model Language: English Pages: 449

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