2 results for "Science"

The great divide

Stiglitz, Joseph E.
Why has inequality increased in the Western world - and what can we do about it? In The Great Divide , Joseph Stiglitz fully exposes the inequality - from its dimensions and its causes to its consequences for the world - that is afflicting America and other Western countries in thrall to neoliberalism. From Reagan-era policies to the Great Recession and its long aftermath, Stiglitz delves into the processes and irresponsible policies - deregulation, tax cuts for the rich, the corruption of the political process - that are leaving many people further and further behind and turning the dream of a socially mobile society into an ever more unachievable myth. With formidable yet accessible economic insight, he urges us to embrace real solutions- increasing taxes on corporations and the wealthy; investing in education, science and infrastructure; helping homeowners instead of banks; and, most importantly, doing more to restore the economy to full employment. Stiglitz's analysis reaches beyond America - the inequality leader of the developed world - to draw lessons from Scandinavia, Singapore and Japan, and he argues against the tide of unnecessary, destructive austerity that is sweeping across Europe. Ultimately, Stiglitz believes our choice is not between growth and fairness; with the right policies, we can choose both. 'Stiglitz is a rare combination of virtuoso economist, witty polemicist and public intellectual. ' Robert Kuttner, New Statesman 'Stiglitz is a rare breed, an heretical economist who has ruffled the self-satisfied global establishment that once fed him.' Ian Fraser, Sunday Tribune 'A seer of almost Keynesian proportions.' Michael Hirsh, Newsweek 'An insanely great economist.' Paul Krugman, The New York Times
Allen Lane 2015 428 pages

Requiem for the American dream: the 10 principles of concentration of wealth & power

Chomsky, Noam
In his first major book on the subject of income inequality, Noam Chomsky skewers the fundamental tenets of neoliberalism and casts an 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 solidarity of the people, let special interests run the regulators, engineer election results, use fear and the power of the state to keep the rabble in line, manufacture consent, marginalize the population. In Requiem for the American Dream, Chomsky devotes a chapter to each of these ten principles, and adds readings from some of the core texts that have influenced his thinking to bolster his argument. Chomsky and his editors, the filmmakers Peter Hutchison, Kelly Nyks, and Jared P. Scott, spent countless hours together over the course of five years, from 2011 to 2016. After the release of the film version, Chomsky and the editors returned to the many hours of tape and transcript and created a document that included three times as much text as was used in the film.
Seven Stories Press 2017 172 pages