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Books > Business & Economics > Economics > Economic theory & philosophy
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The Great Divide (Paperback)
Loot Price: R392
Discovery Miles 3 920
You Save: R39
(9%)
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The Great Divide (Paperback)
 (1 rating, sign in to rate)
List price R431
Loot Price R392
Discovery Miles 3 920
You Save R39 (9%)
Expected to ship within 9 - 17 working days
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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.
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