The Price of Inequality: How Today's Divided Society Endangers Our Future

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Economic Conditions
Cover of the book The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph E. E. Stiglitz, W. W. Norton & Company
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Author: Joseph E. E. Stiglitz ISBN: 9780393089066
Publisher: W. W. Norton & Company Publication: June 11, 2012
Imprint: W. W. Norton & Company Language: English
Author: Joseph E. E. Stiglitz
ISBN: 9780393089066
Publisher: W. W. Norton & Company
Publication: June 11, 2012
Imprint: W. W. Norton & Company
Language: English

A forceful argument against America's vicious circle of growing inequality by the Nobel Prize–winning economist.

The top 1 percent of Americans control 40 percent of the nation’s wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that “their fate is bound up with how the other 99 percent live.”

Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A forceful argument against America's vicious circle of growing inequality by the Nobel Prize–winning economist.

The top 1 percent of Americans control 40 percent of the nation’s wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that “their fate is bound up with how the other 99 percent live.”

Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current 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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