Inequality Paradox: How Capitalism Can Work for Everyone
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21st century capitalism
A01=Douglas McWilliams
Age Group_Uncategorized
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Author_Douglas McWilliams
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business and economics
capitalism
Category1=Non-Fiction
Category=GTQ
Category=JFFS
Category=JPQB
Category=KCA
Category=KCP
class warfare
concentrated wealth
conspiracy of the rich
COP=United States
Delivery_Pre-order
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
global distribution of wealth
globalization costs
income inequality
Language_English
late stage capitalism
PA=Temporarily unavailable
Price_€20 to €50
PS=Active
softlaunch
technology and economy
worldwide poverty
Product details
- ISBN 9781468314984
- Dimensions: 152 x 229mm
- Publication Date: 20 Nov 2018
- Publisher: Overlook Press
- Publication City/Country: US
- Product Form: Hardback
- Language: English
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In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization that have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century?
Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this. From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.
Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this. From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.
