The inequality trap : fighting capitalism instead of poverty
By: Watson, William G
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Material type: 
BookSeries: UTP insights: Publisher: Toronto : Buffalo : London : University of Toronto Press , 2015Description: xviii, 218 pages : illustrations ; 23 cm.ISBN: 9781442637245 (bound); 1442637242 (bound).Subject(s): Equality | Capitalism | EconomicsDDC classification: 305 Summary: "US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."--
| Item type | Current location | Call number | Status | Date due |
|---|---|---|---|---|
Non Fiction
|
BardBerlinLibrary 2nd floor | 305 WAT 2015 (Browse shelf) | Available |
Browsing BardBerlinLibrary Shelves , Shelving location: 2nd floor Close shelf browser
| 305 LAS 2023 Set Fear on Fire | 305 TAZ 2020 The Making of Migration : | 305 UPM 2015 Binational urbanism : on the road to paradise / | 305 WAT 2015 The inequality trap : | 305.12 DAT 2021 Bread and Roses | 305.230 KOS 2015 Postmigrant club cultures in urban Europe | 305.230 LUI 2017 Tell me how it ends : |
Includes bibliographical references and index.
"US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."--
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