This book considers the social and economic damage wrought by neo-liberalism, in Britain and beyond. Paul Taylor analyses the effects of the increasing inequalities of income and wealth in recent years, concluding that a wide range of problems for the middle sections of society can be traced to the appearance of a class of the 'uber-rich', the example they set and the demands they make. He takes the view that what has happened is the opposite of the much vaunted 'trickle-down effect'; there is actually a 'trickle-up effect' not only in the distribution of wealth but also in the ownership of property and access to education, medicine and the law. He goes on to look at the government's failure to deal effectively with these problems, putting them in the context of the need to deal with the threat of terrorism and the effects of globalization. The book is highly relevant to the current crisis in the global financial system, especially with regard to its effects in the UK and USA, but it places that crisis in the context of wider developments.
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Considers the social and economic damage wrought by neo-liberalism - in Britain and beyond. This work analyses the effects of the inequalities of income and wealth, and concludes that a range of problems for the middle sections of society can be traced to the appearance of a class of the uber-rich, the example they set and the demands they make.
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Introduction; The Trickle up Effect: What is the State for?; How the Somewhat Better-Off Became Much Worse Off and Why it Made Them Angry; The Strange Ways of Spending and Saving Public Money in Britain and Their Consequences; Projecting the Trends: Another Dystopia?; How the Bubble was Inflated in Britain - and Elsewhere - and the Trouble it Caused; In the Company of the Uber-Capitalists: Living with the Extremely Rich; Good Things and Bad Things: The New Front; A Modern Walden: Genteel Poverty and Being Comfortably Off; Changing Course: How to Fix it.
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Deals with some of the major long-term causes of the global credit crisis Links Britain's economic performance with the effects of globalization and other international threats, including terrorism Also applicable outside of Britain, especially the US The author is a well-known expert in international affairs Accessible and stimulating to a wide audience including policy-makers, journalists and general readers
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Deals with some of the major long-term causes of the global credit crisis

Produktdetaljer

ISBN
9781849660013
Publisert
2010-01-25
Utgiver
Bloomsbury Publishing PLC; Bloomsbury Academic
Høyde
234 mm
Bredde
156 mm
Dybde
22 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
240

Forfatter

Om bidragsyterne

Paul Taylor is Professor Emeritus of International Relations at the London School of Economics. His recent books include: The End of European Integration: Anti- Europeanism Explained (2007) and The United Nations at the Millennium (with A.J.R. Groom, 2000).