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We are living in a time of extreme inequality: America’s three richest people now own as much wealth as the bottom half of the population. Although most accept that this is grotesque, many politicians accept it as irreversible.
In this book, leading US researcher and activist Chuck Collins succinctly diagnoses the drivers of rampant inequality, arguing that such disparities have their roots in 40 years of the powerful rigging the system
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Why does the the United States, despite being one of the richest nations in the world, lag behind so many other rich Western societies in a number of crucial statistical measures -- including life expectancy, violence, health, community, teen pregnancy, mental illness, and incarceration? According to a growing body of research, it's because the U.S. has far more income inequality than these other wealthy societies. In Dysfunctional Societies, a timely...
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"Matt Taibbi's genius is in untangling complex stories and making us care about them by providing striking moral clarity and a genuine sense of outrage. He has become among the most read journalists in America, leading the dialogue with epic Rolling Stone pieces that offer an "almost startling reminder of the power of good writing" (Washington Post). In this new work, he once again takes readers into the biggest, most urgent story in America: a widening...
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"America is becoming a class-based society. It is now conventional wisdom to focus on the wealth of the top 1 percent-especially the top 0.01 percent-and how the ultra-rich are concentrating income and prosperity while incomes for most other Americans are stagnant. But the most important, consequential, and widening gap in American society is between the upper middle class and everyone else. Reeves defines the upper middle class as those whose incomes...
9) The captured economy: how the powerful enrich themselves, slow down growth, and increase inequality
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"For years, America has been plagued by slow economic growth and increasing inequality. Yet economists have long taught that there is a tradeoff between equity and efficiency-that is, between making a bigger pie and dividing it more fairly. That is why our current predicament is so puzzling: today, we are faced with both a stagnating economy and sky-high inequality. In The Captured Economy , Brink Lindsey and Steven M. Teles identify a common factor...
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"A timely examination by a leading social scientist of the physical, psychological, and moral effects of inequality. Today's inequality is on a scale that none of us has seen in our lifetimes, yet this disparity between rich and poor has ramifications that extend far beyond mere financial means. While conservatives look at poverty and see its roots in personal failures and liberals attribute it to a lack of opportunity, what both sides miss is that...
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"The world is a better place than it used to be. People are wealthier and healthier, and live longer lives. Yet the escapes from destitution by so many have left gaping inequalities between people and between nations. In The Great Escape, Angus Deaton--one of the foremost experts on economic development and on poverty--tells the remarkable story of how, starting two hundred and fifty years ago, some parts of the world began to experience sustained...
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A NEW YORK TIMES BESTSELLER! In his first major book on the subject of income inequality, Noam Chomsky skewers the fundamental tenets of neoliberalism and casts a clear, cold, patient eye on the economic facts of life. What are the ten principles of concentration of wealth and power at work in America today? They're simple enough: reduce democracy, shape ideology, redesign the economy, shift the burden onto the poor and middle classes, attack the...
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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 tat 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...
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"The New York Times bestselling business journalist Christopher Leonard infiltrates one of America's most mysterious institutions-the Federal Reserve-to show how its policies over the past ten years have accelerated income inequality and put our country's economic stability at risk"--
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"A revelatory account of poverty in America so deep that we, as a country, don't think it exists. Jessica Compton's family of four would have no cash income unless she donated plasma twice a week at her local donation center in Tennessee. Modonna Harris and her teenage daughter Brianna in Chicago often have no food but spoiled milk on weekends. After two decades of brilliant research on American poverty, Kathryn Edin noticed something she hadn't seen...
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"From the bestselling author of ALL YOU CAN EVER KNOW comes a searing memoir of class, inequality, and grief-a daughter's search to understand the lives her adoptive parents led, the life she forged as an adult, and the lives she's lost. In this country, unless you attain extraordinary wealth, you will likely be unable to help your loved ones in all the ways you'd hoped. You will learn to live with the specific, hollow guilt of those who leave hardship...
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