Wealth, Poverty and Politics

Wealth, Poverty and Politics PDF Author: Thomas Sowell
Publisher: Basic Books
ISBN: 0465096778
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Wealth, Poverty and Politics

Wealth, Poverty and Politics PDF Author: Thomas Sowell
Publisher: Basic Books
ISBN: 0465096778
Category : Business & Economics
Languages : en
Pages : 258

Get Book Here

Book Description
In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Understanding Inequality, Poverty and Wealth

Understanding Inequality, Poverty and Wealth PDF Author: Ridge, Tess
Publisher: Policy Press
ISBN: 1861349157
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
At a time when the divide between the wealthy and the disadvantaged is widening, this major textbook provides students with a critical understanding of poverty and social exclusion in relation to wealth, rather than as separate from it. Raising fundamental questions about the organisation of society, social structures and relationships and social justice, the book is split into four main sections exploring key concepts and issues; 'people and place' (poverty and wealth across different groups and situations); the role of the state; and prospects for the future. This is the only textbook to focus on the links between wealth and poverty and contains an edited collection of chapters specially written by a distinguished panel of contributors including Pete Alcock, Daniel Dorling, Mary Shaw, Gill Scott and Jay Ginn. It is designed with the needs of students in mind and includes useful chapter summaries, illustrative boxes and diagrams, and pointers to relevant websites and other sources of further information. This is an essential textbook for level 1/2 undergraduate students studying social policy either as a main subject or as part of their course. It is a core text for level 3/4 specialist modules in this field.

The Divide: Global Inequality from Conquest to Free Markets

The Divide: Global Inequality from Conquest to Free Markets PDF Author: Jason Hickel
Publisher: W. W. Norton & Company
ISBN: 0393651371
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
Global inequality doesn’t just exist; it has been created. More than four billion people—some 60 percent of humanity—live in debilitating poverty, on less than $5 per day. The standard narrative tells us this crisis is a natural phenomenon, having to do with things like climate and geography and culture. It tells us that all we have to do is give a bit of aid here and there to help poor countries up the development ladder. It insists that if poor countries would only adopt the right institutions and economic policies, they could overcome their disadvantages and join the ranks of the rich world. Anthropologist Jason Hickel argues that this story ignores the broader political forces at play. Global poverty—and the growing inequality between the rich countries of Europe and North America and the poor ones of Africa, Asia, and South America—has come about because the global economy has been designed over the course of five hundred years of conquest, colonialism, regime change, and globalization to favor the interests of the richest and most powerful nations. Global inequality is not natural or inevitable, and it is certainly not accidental. To close the divide, Hickel proposes dramatic action rooted in real justice: abolishing debt burdens in the global South, democratizing the institutions of global governance, and rolling out an international minimum wage, among many other vital steps. Only then will we have a chance at a world where all begin on more equal footing.

Poverty and Inequality

Poverty and Inequality PDF Author: David B. Grusky
Publisher: Stanford University Press
ISBN: 9780804748438
Category : Social Science
Languages : en
Pages : 204

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Book Description
This is a collection of essays from leading public intellectuals that identifies major conceptual problems in the analysis of poverty and inequality and advances strategies for reducing poverty and inequality that are consistent with these new conceptual and methodological approaches.

Understanding Economic Inequality

Understanding Economic Inequality PDF Author: Todd A. Knoop
Publisher: Edward Elgar Publishing
ISBN: 1788971604
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
In Understanding Economic Inequality, the author brings an economist’s perspective informed by new, groundbreaking research on inequality from philosophy, sociology, psychology, and political science and presents it in a form that it is accessible to those who want to understand our world, our society, our politics, our paychecks, and our neighbors’ paychecks better.

Inequality and the 1%

Inequality and the 1% PDF Author: Danny Dorling
Publisher: National Geographic Books
ISBN: 1784782076
Category : Political Science
Languages : en
Pages : 0

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Book Description
Since the great recession hit in 2008, the 1% has only grown richer while the rest find life increasingly tough. The gap between the haves and the have-nots has turned into a chasm. While the rich have found new ways of protecting their wealth, everyone else has suffered the penalties of austerity. But inequality is more than just economics. Being born outside the 1% has a dramatic impact on a person's potential: reducing life expectancy, limiting education and work prospects, and even affecting mental health. What is to be done? In Inequality and the 1% leading social thinker Danny Dorling lays bare the extent and true cost of the division in our society and asks what have the superrich ever done for us. He shows that inquality is the greatest threat we face and why we must urgently redress the balance.

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico

The Economics of Poverty, Inequality and Wealth Accumulation in Mexico PDF Author: M. Székely
Publisher: Springer
ISBN: 0230372619
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
The aim of this book is to understand why despite a considerable increase in average income in Mexico during the 1984-1992 period of economic liberalization, the conditions of the poorest of the poor deteriorated and income inequality increased. To explain why some individuals were able to take advantage of the opportunities which the economy was generating, while others were prevented from doing so, the author suggests some methodology to extract additional information from poverty and inequality measures, and test the main theories of household saving behaviour.

Understanding Inequality, Poverty and Wealth : Policies and Prospects

Understanding Inequality, Poverty and Wealth : Policies and Prospects PDF Author: Sharon Wright Tess Ridge, The Policy Press
Publisher:
ISBN: 9788189640774
Category : Equality
Languages : en
Pages : 0

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Book Description
About This Book : - At a time when the divide between the wealthy and the disadvantaged is widening, this major textbook provides students with a critical understanding of poverty and social exclusion in relation to wealth, rather than as separate from it.Raising fundamental questions about the organisation of society, social structures and relationships and social justice, the book is split into four main sections exploring key concepts and issues; 'people and place' (poverty and wealth across different groups and situations); the role of the state; and prospects for the future. This is the only textbook to focus on the links between wealth and poverty and contains an edited collection of chapters specially written by a distinguished panel of contributors including Pete Alcock, Daniel Dorling, Mary Shaw, Gill Scott and Jay Ginn. It is designed with the needs of students in mind and includes useful chapter summaries, illustrative boxes and diagrams, and pointers to relevant websites and other sources of further information.This is an essential textbook for level 1/2 undergraduate students studying social policy either as a main subject or as part of their course. It is a core text for level 3/4 specialist modules in this field. About the Author: - Tess Ridge is a Lecturer in Social Policy at the University of Bath. She is a trustee of the Child Poverty Action Group and Honorary Secretary of the Social Policy Association. Dr Sharon Wright is Lecturer in Social Policy at the University of Stirling. Sharon is Managing Co-Editor of the journal Social Policy & Society and Co-convenor of the Scottish Social Policy Network.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality PDF Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Creating Wealth and Poverty in Postsocialist China

Creating Wealth and Poverty in Postsocialist China PDF Author: Deborah Davis
Publisher: Stanford University Press
ISBN: 0804759316
Category : Social Science
Languages : en
Pages : 312

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Book Description
Presents an up-to-date look at the social processes and consequences of China's rapid economic growth.