Title
The Price of Inequality: How Today s Divided Society Endangers Our Future
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A forceful argument against America s vicious circle of growing inequality by the Nobel Prizewinning economist. The top 1 percent of Americans control 40 percent of the nations 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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- Q: What is the main theme of 'The Price of Inequality'? A: The main theme of 'The Price of Inequality' is the argument that growing economic inequality in America is a significant threat to both democracy and economic growth. Joseph E. Stiglitz discusses how the wealth concentration among the top 1 percent negatively impacts the broader society.
- Q: Who is the author of this book? A: The author of 'The Price of Inequality' is Joseph E. Stiglitz, a Nobel Prize-winning economist known for his work on inequality and economic policy.
- Q: When was 'The Price of Inequality' published? A: 'The Price of Inequality' was published on June 11, 2012.
- Q: What type of binding does this book have? A: This book is available in hardcover binding, which provides durability and a premium feel.
- Q: How many pages does 'The Price of Inequality' contain? A: 'The Price of Inequality' contains 448 pages, offering an in-depth exploration of its themes.
- Q: Is this book suitable for understanding current economic issues? A: Yes, 'The Price of Inequality' is suitable for readers looking to understand current economic issues, as it discusses the implications of inequality on democracy, growth, and policy.
- Q: What edition of 'The Price of Inequality' is available? A: The available edition of 'The Price of Inequality' is the First Edition.
- Q: Does this book provide solutions to economic inequality? A: Yes, Joseph E. Stiglitz concludes the book with a plan for addressing economic inequality and fostering a more just and prosperous future.
- Q: What topics does Stiglitz explore in this book? A: Stiglitz explores topics such as the relationship between inequality, economic growth, democracy, monetary and budgetary policy, and globalization.
- Q: Is 'The Price of Inequality' targeted towards a specific audience? A: 'The Price of Inequality' is targeted towards readers interested in economics, social justice, and public policy, including students, professionals, and general readers.