The Great Divide

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Stiglitz, Joseph E.

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ISBN:9780241202906
Editorial: Allen Lane/Penguin
Fecha de la edición:2015
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Nº Pág.:464
Idiomas:Ingles,Inglés

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/ Análisis Económico

Why has inequality increased in the Western world - and what can we do about it? In The Great Divide, Joseph 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.