As inequalities widen and the effects of austerity deepen, in many
countries the wealth of the rich has soared. Why we can't afford
the rich exposes the unjust and dysfunctional mechanisms that allow
the top 1% to siphon off wealth produced by others, through the
control of property and money. Leading social scientist Andrew
Sayer shows how the rich worldwide have increased their ability to
create indebtedness and expand their political influence. Winner of
the 2015 British Academy Peter Townsend Prize, this important book
bursts the myth of the rich as specially talented wealth creators.
It shows how the rich are threatening the planet by banking on
unsustainable growth. The paperback includes a new Afterword
updating developments in the last year and forcefully argues that
the crises of economy and climate can only be resolved by radical
change to make economies sustainable, fair and conducive to
well-being for all.
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