Download Ebook The Great Divide: Unequal Societies and What We Can Do About Them, by Joseph E. Stiglitz
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Download Ebook The Great Divide: Unequal Societies and What We Can Do About Them, by Joseph E. Stiglitz
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The Great Divide: Unequal Societies and What We Can Do About Them, by Joseph E. Stiglitz
Download Ebook The Great Divide: Unequal Societies and What We Can Do About Them, by Joseph E. Stiglitz
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Review
“[Joseph Stiglitz] is an insanely great economist.†- Paul Krugman, New York Times
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About the Author
Joseph E. Stiglitz is a Nobel Prize–winning economist and the best-selling author of Globalization and its Discontents Revisited: Anti-Globalization in the Age of Trump, The Price of Inequality, and Freefall. He was chairman of the Council of Economic Advisers under President Clinton, chief economist of the World Bank, named by Time as one of the 100 most influential individuals in the world, and now teaches at Columbia University and is chief economist of the Roosevelt Institute.
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Product details
Paperback: 464 pages
Publisher: W. W. Norton & Company; 1 edition (April 25, 2016)
Language: English
ISBN-10: 9780393352184
ISBN-13: 978-0393352184
ASIN: 0393352188
Product Dimensions:
5.6 x 1.2 x 8.3 inches
Shipping Weight: 6.4 ounces (View shipping rates and policies)
Average Customer Review:
4.1 out of 5 stars
125 customer reviews
Amazon Best Sellers Rank:
#318,564 in Books (See Top 100 in Books)
The growing disparity in income and wealth between the richest Americans and “the rest of us†is very much in the news these days, but Nobel-Prize-winning economist Joseph Stigliz has been writing about it for a long time. This book brings together short pieces that appeared in publications such as Vanity Fair and the New York Times warning of the dangers of inequality as long ago as 2007.The book is in nine sections. The first section he calls a Prelude because it discusses the 2007-2008 recession and the response to it that built the background for the increasing inequality seen today. The middle sections contain articles describing the disparity, personal reflections from Stiglitz’s life, dimensions of inequality such as student debt and health care, causes for inequality such as a tax system that favors the elite, and consequences of the inequality. The later sections elaborate on his argument that such inequality is not inevitable but is a political choice and explore the international picture in countries like Japan, Australia, Spain, China, Singapore, Scotland, and even Mauritius. The final section consists of articles in which Stiglitz outlines the kinds of actions America should take to combat inequality. In an Afterword, Vanity Fair editor Cullen Murphy interviews Stiglitz responding to conservative critics who claim that the rich create jobs. Each of the nine sections of the book is preceded by a lengthy introduction providing an overview of the topic of that section.This anthology format has strengths and weaknesses. It allows for the presentation of a broad range of topics relating to inequality, and it is interesting to see how the topics develop over the course of the time period in which the articles were written. On the other hand, since the articles are generally short (Many were op-ed pieces.), readers new to a topic may feel they need for more data or a longer explanation. In addition, because they were written at different times for different publications, there was a great deal of repetition, e.g., Thomas Piketty’s book Capitalism in the Twenty-first Century is discussed at length in at least two of the articles as well as the introduction to Part I.Readers who want in-depth presentation of Stiglitz’s thinking would probably be happier reading one of his other books, such as The Price of Inequality, that contain more data and a more comprehensive exposition of his ideas, but those who want a broad survey or who already admire him and want to hear more from this influential thinker will welcome this book.
This is a collection of articles written by J. Stiglitz, ordered into subject sections, along with introductory and hindsight observations about the material. It is pretty much a dead-on accurate portrayal of the 2008 recession, what caused it, how we haven't fixed the causes, and so on. No doubt it will get fewer stars from those who disagree with the analysis, but you have to be ideologically blind to refuse to see these truths. The one criticism I have is that he is still an apologist for capitalism, as though somehow we might misconceive his point of view as favoring communism or something. He keeps saying we currently have ersatz capitalism, that capitalism is fine as long as it is properly run and regulated. Really. Is there any engine that does not need steering, brakes, accelerators, modulators, or governors? These items are part and parcel of automobiles, power plants, nuclear reactors, and so on. We don't go around saying atomic bombs are fundamentally sound; they just need proper modulation. Trying to separate policy and regulation from capitalism, even if just in the text, is problematic. A useful engine is a holistic thing.
Interesting and persuasive, this series of essays on various economic topics covered such concerns as growing inequality between haves and have nothings, the lack of social mobility, and unequal opportunity. Unfortunately, I read this book after the 2017 election. It seems evident at this point that the theories put forth in this book will be roundly ignored in favor of the old remedies which failed to increase prosperity for the majority 99% So, the inequality seems destined to march on unchecked.
Joseph Stiglitz is a clear thinker and an articulate writer. The message he delivers here about the every widening gap between the very wealthy and everyone else in this country is one that we all must heed. Stigliz makes it clear that the cause of inequality in the United States is not economics, but politics. He cites what needs to be done to correct this, which makes this book even more valuable. "The Great Divide" should be a wake-up call for all of us.
This is a book I wish all my Republican friends (wait a minute...do I have any...let me check) would read. Great book; you really have to wonder why austerity is being tried anywhere...like Stiglitz (and tons of others) say(s), never seems to work. Watch it all happen in Greece, at the moment, and in the U.S. seemingly continuingly. Three cheers for Joseph Stiglitz for being the human being he is!
In depth look at our society and how it became so fractured. Bought for my son who is an Economics Grad. He did not afree with everything said but it was my first foray into this topic so I enjoyed it.
According to Stiglitz it is the policies put in place by our political representatives paid for by corporations and the 1% that maintain our system of engineered inequality. The US has the highest level of inequality of all industrialized countries. Tax cuts for the rich, "the job creators" and "a rising tide lifts all boats" are the big lies that are only now begining to be exposed! How do we turn things around? Invest in the potential of our people and invest in the infrastructure of our nation.
I thought I could read from start to finish but found myself reading one article at a time (the book is a collection of previously published articles). The book focuses on social and economic injustice in the United States from a very high and fully qualified perspective.
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