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Politics & Social Sciences

Rating: 4.4 / 5.0 (66 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 the usacff0478#39;s vicious circle of growing inequality by means of the Nobel Prize–profitable economist.

the top 1 p.c of the usans regulate 40 p.c of the country’s wealth. And, as Joseph E. Stiglitz explains, while those on the best revel in the most productive well being care, training, and advantages of wealth, they fail to realize that “their destiny is bound up with how the other 99 p.c live.”

Stiglitz draws on his deep figuring out of economics to show that growing inequality is not inevidesk: moneyed interests compound their wealth by means of stifling real, dynamic capitalism. they have got made the usa probably the most unequal complex business us of a while crippling growth, trampling on the rule of regulation, and undermining democracy. the result: a dividentificationed society that can not tackle its such a lot urgent problems. With feature perception, Stiglitz examines our current state, then teases out its implications for democracy, for financial and budgetary policy, and for globalization. He closes with a plan for a more just and wealthy long term.

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author: Joseph E. Stiglitzpublisher: W. W. Norton cff0478 Com..Binding: Kindle editionLanguage: EnglishPages: 449

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