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Routledge Inequality, Boom, and Bust - Routledge Economics Book

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Description

Explore the deep divide in American wealth with Inequality, Boom, and Bust. This book examines the massive gap between the richest 1 percent and the rest of the population. While the top 1 percent holds 42 percent of all wealth in America, the lower half of the income ladder possesses only 2 percent. This work challenges the standard conservative paradigm that attributes wealth gaps solely to individual traits like intelligence or hard work. Instead of relying on traditional explanations, this text provides new evidence to explain why these disparities exist and what their impact is on society. It moves beyond simple explanations to offer a detailed look at the structures of billionaire capitalism. For readers interested in sociology, economics, and the social sciences, this book provides a necessary perspective on the realities of modern wealth distribution and the path toward equality and full employment.

Key Features

Examines the massive wealth gap where the top 1 percent owns 42 percent of all American wealth.

Challenges conservative economic theories that focus on individual intelligence and hard work to explain inequality.

Provides new evidence to explain the causes and societal impacts of modern wealth disparities.

Offers a perspective on the shift from billionaire capitalism toward equality and full employment.

Analyzes the economic reality of the lower half of the income ladder and its 2 percent wealth share.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 March 2018
Listed Since
09 September 2017

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