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The Price of Inequality: How Today's Divided Society Endangers Our Future
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Author
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Joseph E. Stiglitz.
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Publisher
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Norton
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Format
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hardcover
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ISBN
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9780393088694
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Pages/Publication Date
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414/2012
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Daedalus Item Code
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29355
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This item is not available.
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Description
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The top one percent of Americans control 40 percent of the nation's wealth, says Nobel Prize–winning economist Joseph Stiglitz, and while they 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. In the face of those who insist the economy works best when the wealthy are free to make themselves wealthier, Stiglitz argues that moneyed interests compound their wealth by stifling true, dynamic capitalism, thereby crippling growth and leaving America the world's most unequal advanced industrial country. Stiglitz explains our current state and teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He then offers a plan for a more just and prosperous future.
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