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The Resource The inequality paradox : how capitalism can work for everyone, Douglas McWilliams

The inequality paradox : how capitalism can work for everyone, Douglas McWilliams

Label
The inequality paradox : how capitalism can work for everyone
Title
The inequality paradox
Title remainder
how capitalism can work for everyone
Statement of responsibility
Douglas McWilliams
Creator
Author
Subject
Language
eng
Summary
"In his book Capital in the Twenty-First Century, economist Thomas Pikkety argued that the contemporary phenomenon of rising inequality across the globe is a function of the inheritance of capital, which, over generations, accrues in the hands of a concentrated patrimonial elite. It was an elegant, simple idea that also posed a clear antagonist: the super rich and the policy-makers, who would keep the wealth in their hands. The reality is more complicated. In [this book], the groundbreaking and timely challenge to dominant theories on global inequality, leading economist 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? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it 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. From the inquisitive layperson to the professional economist or policymaker, this book is essential reading for understanding the global economy in its present state, and indispensable in preparing for the imminent economic challenges of our changing world."--Dust jacket
Cataloging source
FMG
http://library.link/vocab/creatorName
McWilliams, Douglas
Dewey number
339.2
Illustrations
illustrations
Index
index present
LC call number
HC110.I5
LC item number
.M376 2018
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Income distribution
  • Capitalism
  • Technological innovations
  • Economic history
Label
The inequality paradox : how capitalism can work for everyone, Douglas McWilliams
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 283-304) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Part I: Setting the scene. How Piketty created an industry ; Three different types and four different causes of inequality ; Why inequality really matters -- Part II: Analysis and implications. Has the world become more unequal? ; The paradox of rising inequality and falling poverty ; Inequality and growth -- Part III: The deserving and the undeserving rich. Who are the super-rich? ; The undeserving rich ; Clogs to clogs in five generations--not three -- Part IV: Fixing the problem. Elephants, camels and spitting cobras : what happens next? ; Education, education, education--and education ; Saving capitalism from itself ; Attacking the law of unintended consequences ; Making poorer people richer by cutting the cost of living ; Can a universal basic income really work? ; Using taxation for redistribution ; Neither Trump nor Corbyn--rejecting false solutions
Dimensions
24 cm
Edition
First edition.
Extent
319 pages
Isbn
9781468314984
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)1061504125
Label
The inequality paradox : how capitalism can work for everyone, Douglas McWilliams
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 283-304) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Part I: Setting the scene. How Piketty created an industry ; Three different types and four different causes of inequality ; Why inequality really matters -- Part II: Analysis and implications. Has the world become more unequal? ; The paradox of rising inequality and falling poverty ; Inequality and growth -- Part III: The deserving and the undeserving rich. Who are the super-rich? ; The undeserving rich ; Clogs to clogs in five generations--not three -- Part IV: Fixing the problem. Elephants, camels and spitting cobras : what happens next? ; Education, education, education--and education ; Saving capitalism from itself ; Attacking the law of unintended consequences ; Making poorer people richer by cutting the cost of living ; Can a universal basic income really work? ; Using taxation for redistribution ; Neither Trump nor Corbyn--rejecting false solutions
Dimensions
24 cm
Edition
First edition.
Extent
319 pages
Isbn
9781468314984
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)1061504125

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