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Deaths of Despair and the Future of Capitalism (Hardcover)
Loot Price: R567
Discovery Miles 5 670
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Deaths of Despair and the Future of Capitalism (Hardcover)
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Loot Price R567
Discovery Miles 5 670
Expected to ship within 12 - 17 working days
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A New York Times Bestseller A Wall Street Journal Bestseller A New
York Times Notable Book of 2020 A New York Times Book Review
Editors' Choice Shortlisted for the Financial Times and McKinsey
Business Book of the Year A New Statesman Book to Read From
economist Anne Case and Nobel Prize winner Angus Deaton, a
groundbreaking account of how the flaws in capitalism are fatal for
America's working class Life expectancy in the United States has
recently fallen for three years in a row-a reversal not seen since
1918 or in any other wealthy nation in modern times. In the past
two decades, deaths of despair from suicide, drug overdose, and
alcoholism have risen dramatically, and now claim hundreds of
thousands of American lives each year-and they're still rising.
Anne Case and Angus Deaton, known for first sounding the alarm
about deaths of despair, explain the overwhelming surge in these
deaths and shed light on the social and economic forces that are
making life harder for the working class. They demonstrate why, for
those who used to prosper in America, capitalism is no longer
delivering. Deaths of Despair and the Future of Capitalism paints a
troubling portrait of the American dream in decline. For the white
working class, today's America has become a land of broken families
and few prospects. As the college educated become healthier and
wealthier, adults without a degree are literally dying from pain
and despair. In this critically important book, Case and Deaton tie
the crisis to the weakening position of labor, the growing power of
corporations, and, above all, to a rapacious health-care sector
that redistributes working-class wages into the pockets of the
wealthy. Capitalism, which over two centuries lifted countless
people out of poverty, is now destroying the lives of blue-collar
America. This book charts a way forward, providing solutions that
can rein in capitalism's excesses and make it work for everyone.
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