The Price of Inequality

Resumen del libro

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.

Biografía del autor

Joseph E. Stiglitz es catedrático en Columbia University. Ha sido galardonado con el Premio Nobel de Economía y es autor de varios títulos de éxito sobre la globalización, la crisis financiera y la distribución de la riqueza.