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The inequality trap : fighting capitalism instead of poverty / William Watson
(UTP insights)

Publisher Toronto : University of Toronto Press
Year 2015
Codes ID=2001668710 NCID=BB2041764X

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Language English
Size xviii, 218 p. : ill. ; 23 cm
Notes Includes bibliographical references and index
Summary: "US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."-- From publisher's website
Authors *Watson, William G. author
Subjects LCSH:Equality
LCSH:Capitalism
LCSH:Economics
FREE:Capitalism. fast (OCoLC)fst00846425
FREE:Economics. fast (OCoLC)fst00902116
FREE:Equality. fast (OCoLC)fst00914456
Classification DC23:305
LCC:HM821
Vol ISBN:9781442637245

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Cent.Lib.,Closed Stacks ,Books(European Lang.)
305/W339 1780264095
9781442637245 2015

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