|Product Name||Super Rich: The Rise Of Inequality In Britain And The United States|
|Category||Book / Magazine / Publication|
|Amazon.com||Buy on Amazon ~ 0745644643|
|Price New||65.32 US Dollars (curriencies)|
|Price Used||4.45 US Dollars (curriencies)|
|Width||1 inches (convert)|
|Height||9.3 inches (convert)|
|Length||6.3 inches (convert)|
|Weight||125 hundredths pounds (convert)|
|Features||Used Book in Good Condition|
|Long Description||In the past 25 years, the distribution of income and wealth inBritain and the US has grown enormously unequal, far more so thanin other advanced countries. The book, which is aimed at both anacademic and a general audience, examines how this happened,starting with the economic shocks of the 1970s and the neo-liberalpolicies first applied under Thatcher and Reagan. In essence,growing inequality and economic instability is seen as driven by aUS-style model of free-market capitalism that is increasinglyderegulated and dominated by the financial sector. |
Using a wealth of examples and empirical data, the book exploresthe social costs entailed by relative deprivation and widespreadincome insecurity, costs which affect not just the poor but nowreach well into the middle classes. Uniquely, the author shows howinequality, changing consumption patterns and global financialturbulence are interlinked.
The view that growing inequality is an inevitable consequence ofglobalisation and that public finances must be squeezed is firmlyrejected. Instead, it is argued that advanced economies need moreprogressive taxation to dampen fluctuations and to fund higherlevels of social provision, taking the Nordic countries asexemplary. The broad political goal should be to return within ageneration to the lower degree of income inequality which prevailedin Britain and the US during the years of post-war prosperity.
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