- Why
- has
- inequality
- increased
- in
- the
- Western
- world
- -
- and
- what
- can
- we
- do
- about
- it?
- In
- The
- Great
- Divide,
- Joseph
- E.
- Stiglitz
- expands
- on
- the
- diagnosis
- he
- offered
- in
- his
- best-selling
- book
- The
- Price
- of
- Inequality
- and
- suggests
- ways
- to
- counter
- this
- growing
- problem.
- With
- his
- characteristic
- blend
- of
- clarity
- and
- passion,
- Stiglitz
- argues
- that
- inequality
- is
- a
- choice
- -
- the
- cumulative
- result
- of
- unjust
- policies
- and
- misguided
- priorities.In
- these
- essays,
- articles
- and
- reflections,
- Stiglitz
- fully
- exposes
- the
- inequality
- -
- from
- its
- dimensions
- and
- its
- causes
- to
- its
- consequences
- for
- the
- world
- -
- that
- is
- afflicting
- America
- and
- other
- Western
- countries
- in
- thrall
- to
- neoliberalism.
- From
- Reagan-era
- policies
- to
- the
- Great
- Recession
- and
- its
- long
- aftermath,
- Stiglitz
- delves
- into
- the
- processes
- and
- irresponsible
- policies
- -
- deregulation,
- tax
- cuts
- for
- the
- rich,
- the
- corruption
- of
- the
- political
- process
- -
- that
- are
- leaving
- many
- people
- further
- and
- further
- behind
- and
- turning
- the
- dream
- of
- a
- socially
- mobile
- society
- into
- an
- ever
- more
- unachievable
- myth.
- With
- formidable
- yet
- accessible
- economic
- insight,
- he
- urges
- us
- to
- embrace
- real
- solutions:
- increasing
- taxes
- on
- corporations
- and
- the
- wealthy;
- investing
- in
- education,
- science,
- and
- infrastructure;
- helping
- homeowners
- instead
- of
- banks;
- and,
- most
- importantly,
- doing
- more
- to
- restore
- the
- economy
- to
- full
- employment.
- Stiglitz's
- analysis
- reaches
- beyond
- America
- -
- the
- inequality
- leader
- of
- the
- developed
- world
- -
- to
- draw
- lessons
- from
- Scandinavia,
- Singapore,
- and
- Japan,
- and
- he
- argues
- against
- the
- tide
- of
- unnecessary,
- destructive
- austerity
- that
- is
- sweeping
- across
- Europe.Ultimately,
- Stiglitz
- believes
- our
- choice
- is
- not
- between
- growth
- and
- fairness;
- with
- the
- right
- policies,
- we
- can
- choose both.
pro-mbooks3 : libris