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How Today's Divided Society Endangers Our Future
W.W. Norton & Co.
June 2012
On Sale: June 11, 2012
448 pages
ISBN: 0393088693
EAN: 9780393088694
Kindle: B007MKCQ30
Hardcover / e-Book
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Non-Fiction
A forceful argument against America's vicious circle of
growing inequality by the Nobel Prize–winning economist.
The top 1 percent of Americans control 40 percent of the
nation’s wealth. And, as Joseph E. Stiglitz explains, while
those at the top enjoy the best health care, education, and
benefits of wealth, they fail to realize that “their fate is
bound up with how the other 99 percent live.” Stiglitz draws on his deep understanding of economics to
show that growing inequality is not inevitable: moneyed
interests compound their wealth by stifling true, dynamic
capitalism. They have made America the most unequal advanced
industrial country while crippling growth, trampling on the
rule of law, and undermining democracy. The result: a
divided society that cannot tackle its most pressing
problems. With characteristic insight, Stiglitz examines our
current state, then teases out its implications for
democracy, for monetary and budgetary policy, and for
globalization. He closes with a plan for a more just and
prosperous future.
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