The inequality paradox : how capitalism can work for everyone Cover Image

Book

The inequality paradox : how capitalism can work for everyone / Douglas McWilliams.

Summary:

A leading economist challenges dominant theories on global inequality, discussing why wealth persistently remains in the hands of a few and how technological development threatens to create a scarcity of unskilled jobs that will lead to even greater inequality.

Record details

ISBN: 9781468314984
ISBN: 146831498X
Physical Description: 319 pages : illustrations ; 24 cm
Edition: First edition.
Publisher: New York, NY : The Overlook Press, [2018]
Copyright: ©2018

Content descriptions

Bibliography, etc. Note:

Includes bibliographical references (pages 283-304) and index.

Formatted Contents Note:

Part I: Setting the scene. How Piketty created an industry ; Three different types and four different causes of inequality ; Why inequality really matters -- Part II: Analysis and implications. Has the world become more unequal? ; The paradox of rising inequality and falling poverty ; Inequality and growth -- Part III: The deserving and the undeserving rich. Who are the super-rich? ; The undeserving rich ; Clogs to clogs in five generations--not three -- Part IV: Fixing the problem. Elephants, camels and spitting cobras : what happens next? ; Education, education, education--and education ; Saving capitalism from itself ; Attacking the law of unintended consequences ; Making poorer people richer by cutting the cost of living ; Can a universal basic income really work? ; Using taxation for redistribution ; Neither Trump nor Corbyn--rejecting false solutions.