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020 _a9780393088694
040 _cTata Book House
_aICTS-TIFR
050 _aHC110.I5
100 _aStiglitz Joseph E.
245 _aThe price of inequality : [how today's divided society endangers our future]
260 _aUSA
_bNorton
_c2012
300 _axxxi, 414 p
505 _aCh 1. America's 1 Percent Problem Ch 2. Rent seeking and the making of an unequal society Ch 3. Markets and inequality Ch 4. Why it matters Ch 5. A democracy in peril Ch 6. 1984 is upon us Ch 7. Justice for all? How inequality is eroding the Rule of Law Ch 8. The battle of the budget Ch 9. A macroeconomic policy and a Central Bank by and for the 1 (one) percent Ch 10. The way forward : another world is possible.
520 _aThe top 1 percent of Americans control some 40 percent of the nation’s wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was. They have made America the most unequal advanced industrial country while crippling growth, distorting key policy debates, and fomenting a divided society. Stiglitz not only shows how and why America’s inequality is bad for our economy but also exposes the effects of inequality on our democracy and on our system of justice while examining how monetary policy, budgetary policy, and globalization have contributed to its growth. With characteristic insight, he diagnoses our weakened state while offering a vision for a more just and prosperous future.
942 _2lcc
_cBK
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