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Against Inequality - The Practical and Ethical Case for Abolishing the Superrich (Hardcover)
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Against Inequality - The Practical and Ethical Case for Abolishing the Superrich (Hardcover)
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In an era of remarkable wealth idolatry, Tom Malleson investigates
the ethical justifications of wealth inequality, taking the radical
position that we should abolish the billionaires. Stark inequality
is a problem the world over, but it has been worsening over the
past thirty years, particularly in rich, economically developed
countries. To acquire the same amount of wealth as Elon Musk, the
average American worker would have to work for more than four and a
half million years. Is this inequality morally acceptable and is it
feasible to actually reduce inequality in the real world? In
Against Inequality, Tom Malleson makes the case for rejecting
meritocracy, presenting a strong defense against the claim that
individuals "deserve" their wealth. Malleson argues that people,
especially rich people, do not morally deserve the bulk of their
income because it does not, by and large, come from anything the
specific individual does, but is largely due to the vast
understructure of other people's labor, in addition to their lucky
possession of bodily talents and efforts. Furthermore, the book
brings to light extensive historical and comparative evidence to
show that raising taxes on both income and wealth is practically
feasible and that the costs of doing so are far outweighed by the
truly enormous benefits that such taxes could bring in terms of
environmental sustainability, democratic equality, equal
opportunity, and reduced racism and xenophobia. Unlike previous
books on inequality, Against Inequality focuses on the superrich,
arguing that they have far too much: a world with billionaires
alonside severe deprivation is a world without justice. Malleson's
argument is not that billionaires are individually evil, but that a
society that allows the existence of the superrich is structurally
immoral. In an era of remarkable wealth idolatry, Against
Inequality takes the radical position that we should abolish the
billionaires.
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