"NEW YORK TIMES "BESTSELLER
A scathing portrait of an urgent new American crisis
Over the last two decades, America has been falling deeper and
deeper into a statistical mystery:
"Poverty goes up. Crime goes down. The prison population
doubles."
"Fraud by the rich wipes out 40 percent of the world's wealth. The
rich get massively richer. No one goes to jail."
In search of a solution, journalist Matt Taibbi discovered the
Divide, the seam in American life where our two most troubling
trends--growing wealth inequality and mass incarceration--come
together, driven by a dramatic shift in American citizenship: Our
basic rights are now determined by our wealth or poverty. The
Divide is what allows massively destructive fraud by the
hyperwealthy to go unpunished, while turning poverty itself into a
crime--but it's impossible to see until you look at these two
alarming trends side by side.
In "The Divide, "Matt Taibbi takes readers on a galvanizing
journey through both sides of our new system of justice--the
fun-house-mirror worlds of the untouchably wealthy and the
criminalized poor. He uncovers the startling looting that preceded
the financial collapse; a wild conspiracy of billionaire hedge fund
managers to destroy a company through dirty tricks; and the story
of a whistleblower who gets in the way of the largest banks in
America, only to find herself in the crosshairs. On the other side
of the Divide, Taibbi takes us to the front lines of the immigrant
dragnet; into the newly punitive welfare system which treats its
beneficiaries as thieves; and deep inside the stop-and-frisk world,
where standing in front of your own home has become an arrestable
offense. As he narrates these incredible stories, he draws out and
analyzes their common source: a perverse new standard of justice,
based on a radical, disturbing new vision of civil rights.
Through astonishing--and enraging--accounts of the high-stakes
capers of the wealthy and nightmare stories of regular people
caught in the Divide's punishing logic, Taibbi lays bare one of the
greatest challenges we face in contemporary American life:
surviving a system that devours the lives of the poor, turns a
blind eye to the destructive crimes of the wealthy, and implicates
us all.
Praise for "The Divide"
" "
"Ambitious . . . deeply reported, highly compelling . . .
impossible to put down.""--The New York Times Book Review"
"These are the stories that will keep you up at night. . . . "The
Divide" is not just a report from the new America; it is advocacy
journalism at its finest.""--Los Angeles Times"
" Matt] Taibbi is a relentless investigative reporter. He takes
readers inside not only investment banks, hedge funds and the blood
sport of short-sellers, but into the lives of the needy,
minorities, street drifters and illegal immigrants, to juxtapose
justice for the poor and the powerful. . . . "The Divide" is an
important book. Its documentation is powerful and shocking.""--The
Washington Post"
" Taibbi's] warning is all about moral hazard. . . . When
swindlers know that their risks will be subsidized . . . they will
surely commit more crimes. And when most of the population either
does not know or does not care that the lowest socioeconomic
classes live in something akin to a police state, we should be
greatly concerned for the moral health of our society.""--The Wall
Street Journal"
"Taibbi is] perhaps the greatest reporter on Wall Street's crimes
in the modern era."--"Salon"
"From the Hardcover edition."
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