#4,404 in Business & money books
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Reddit mentions of The Price of Inequality: How Today's Divided Society Endangers Our Future
Sentiment score: 1
Reddit mentions: 10
We found 10 Reddit mentions of The Price of Inequality: How Today's Divided Society Endangers Our Future. Here are the top ones.
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- W W Norton Company
Features:
Specs:
| Height | 8.3 Inches |
| Length | 5.5 Inches |
| Number of items | 1 |
| Release date | April 2013 |
| Weight | 1 Pounds |
| Width | 1.4 Inches |
Our nation is being destroyed by wealth disparity, reaching levels not seen since before the great depression, and the Republicans keep high fiving each other when they make it worse...
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Republicans voting against their own self interest, let alone in the interest of their fellow Americans, their neighbors, etc... , has been their defining quality for decades now. It's one of the reasons the rest of us, Democrats and Independents alike, shake our heads and throw up our hands.
When you can be so easily pilfered through fear based ridiculousness ("Immigrants and poor people are really the ones taking all the money!"), I suppose their politicians have no reason to change.
Many Republicans need to understand these facts:
Once these basic things are understood, we'll be OK. Until then!!!!
What rubbish!
Well, it's all "true". However, you fail to explain that when the rest of the world is doing much better, productivity today is at least one order of magnitude higher than it was in the sixties (food as well as "things" production), how that translates to a necessity of the US population doing worse??? An educated population as never before, and online education (edx, coursera, Khan, etc.) increase accessibility for the highest level of education to unprecedented levels (I count knowing the subject as the most important thing, not a "certificate" or "degree"). More Ph.D.s than ever! (and they cannot be employed - and people in the comments of respective articles and reddit threads think that's "normal"? As if we have nothing left to research?)
Or maybe it has something to do with politics and control (of production and capital) and inequality?
For example (only one argument), let's ask a Nobel Prize winning economist what he thinks instead of an armchair "explainer" on reddit:
http://www.amazon.com/The-Price-Inequality-Divided-Endangers/dp/0393345068/ref=sr_1_1?ie=UTF8&qid=1413624874&sr=8-1&keywords=stiglitz
Why is it that robots are seen as a danger? Jobs disappear because robots do them, even at Foxconn in China (the largest purchaser of robots). It should be GOOD when productivity rises and we have to work less to produce the same amount of "stuff" and food. Maybe you should instead think about what's wrong with the system that such gains translate to what is described above, and what you describe in your gilded(!) comment?
And how come the US seems to have become a leader in creating a mean spirited environment? LOTS of posts ridiculing victims (their own fault!) whenever I look at any forum under any news article. Everyone out for their own, while humans on this planet are as rich as never before in a million years, and with ever better technology ahead. Something is not right!
> The gravy train post-WWII lasted about 30 years and we should be happy it lasted that long.
WTF? See above. We DO have the (economic) means.
Not a ton of economists research it. Joseph Stiglitz is one. Along with the IMF findings I cited up top, I would recommend reading Joseph's book on the subject. (http://www.amazon.com/The-Price-Inequality-Divided-Endangers/dp/0393345068)
Essentially, through a lot of economic reasoning and data, he argues that with a rise in income disparity comes a commensurate decline in economic opportunity. Economic outcomes begin to rely more heavily on lineage than contribution. It begins to have a spiraling effect because those with money and influence are more able to maintain money and influence and begin to hoard, which limits economic activity and growth.
The problem is that inequality is bad for everyone.
Here's a book about it:
http://www.amazon.com/The-Price-Inequality-Divided-Endangers/dp/0393345068
I'm glad you've become interested in such a fascinating topic. However, it's pretty expansive, so here are some links to books and topics in terms of broad, global, and more specific studies related to the issue of income equality:
Broad Topic/Global:
In the US/more specific:
This is just a list of the more well-known, discussed, and publicized works on the broader subject of income inequality and poverty. There is a plethora of information on this topic from different perspectives and analyses (e.g. political economy, neoclassical, marxist, etc...), as well as in different countries and time periods, so while you're reading remember to take the context of how it is being written and who is writing it into consideration. Hopefully this list gets you started though!
Nice you know what's sad is I at one time purchased the Zinn and Diamond books but haven't read them. I think they are in a box.
Heavy sigh.
I love Chomsky. It's too late for me friend.
I've come to think this is the stem of our economic woes.
Then I would recommend Joseph Stiglitz,
So here we are. Oh, I thikn someone recommended Inequality for All by Robert Reich, a documentary, checking to see if it's on Netflix now.. yup, going to watch it haha I'll let you know if it's any good. (I am sure it is amazing).
The filibuster book is kind of a ramble, obviously.
Reich's Saving Capitalism: For the Many, Not the Few is pretty devastating and echoes many of Bernie's themes. The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph Stiglitz is good too. And Tony Judt's Ill Fares the Land.
Maybe this one:
https://www.amazon.com/Price-Inequality-Divided-Society-Endangers/dp/0393345068/ref=asap_bc?ie=UTF8
It's a very dense read that I wouldn't recommend to anybody that's not an economist or studying the field.
These are some easier economic reads:
https://www.amazon.com/Price-Inequality-Divided-Society-Endangers/dp/0393345068/ref=pd_sim_14_1?_encoding=UTF8&psc=1&refRID=E0FCHYAXFXG28V0C15Q0
https://www.amazon.com/Debt-Updated-Expanded-First-Years/dp/1612194192/ref=pd_sim_14_5?_encoding=UTF8&psc=1&refRID=E0FCHYAXFXG28V0C15Q0
https://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827/ref=sr_1_1?s=books&ie=UTF8&qid=1510621923&sr=1-1&keywords=big+short+michael+lewis
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730/ref=sr_1_1?s=books&ie=UTF8&qid=1510621964&sr=1-1&keywords=basic+economics+thomas+sowell
> I'm glad you found a champion to parrot.
Frankly, dismissing a guy with a Nobel Prize as flippantly as that is pretty brave. By brave, I really mean it's the kind of thing that "makes everyone stupider". Well done.
Secondly, the guy wrote a book entitled The Price of Inequality, so I'm pretty sure he's got some very well informed views on the minimum wage mess the in the US.
Thirdly, if we put aside theory for the moment, can we just take a step back and think about how fucking obvious it is that raising people's wages is a good thing, and that the people who are busy generating bullshit arguments and contorted theories about it are so incredibly obviously the same people who profit from driving wages down?
I mean, seriously, you would have to have been born yesterday to not be able to take that step back from the debate and see it for the horseshit factory that it is. Of course raising the minimum wage would benefit huge numbers of people directly. The effect on business? Probably very minimal. (Indeed, both of these points are borne out by evidence anyway. So there's not even any reason to have the debate - we already know the answer, and yes, it's exactly what you'd expect.)
Being equivocal on this question as you are ("Personally, I'm torn about the issue"), is a copout. If you're intellectually honest, then go find the data, work out who is running an agenda, and come to a damned conclusion.