Stiglitz, Joseph
The Price of Inequality
- ISBN 13:
- 9780718197384
- author:
- Stiglitz, Joseph
- format:
- Paperback
- publisher:
- Penguin
- language:
- English
- Publication Year:
- 2013
- Pages:
- 592
- Dimensions:
- 19.6 x 12.8 x 2.8 cm
- Genre:
- Business, Finance & Law, Economics, ,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
The Price of Inequality by Joseph E. Stiglitz explores why high levels of inequality are detrimental to society. Despite having the best houses, educations, doctors, and lifestyles, the top 1 percent lack an understanding that their fate is linked to how the other 99 percent live. Stiglitz identifies three major causes of this predicament: flawed markets, failed political systems, and fundamentally unfair economic and political structures. He argues that investment, not austerity, is vital for productivity and offers realistic solutions to level the playing field and increase social mobility. By reforming our economic and political systems, Stiglitz believes we can make markets work as they should, creating a fairer society where everyone's fate is intertwined.