<i>The Great Polarization</i> warns us that the history of the Gilded Age is repeating itself because we are aping the narratives from that era that celebrated inequality as the natural evolution of technological progress. This book gets us to focus on how policies and the public discourse have been captured to serve inequality.
- William Spriggs, chief economist, AFL-CIO,
<i>The Great Polarization</i> makes a persuasive case that the distribution of economic rewards is overwhelmingly a political choice. While it’s depressing that our politics have made this choice, fortunately there are no real binding <i>economic</i> constraints keeping us from a more broadly shared prosperity. This volume should motivate economists to turn their attention to the specific policy changes that could be made that would deliver a fairer set of economic outcomes.
- Josh Bivens, director of research, Economic Policy Institute,
<i>The Great Polarization</i> seeks to move economics beyond market fundamentalism, not by focusing on critique, but by laying out new ways of thinking about the relation between markets and states. Representing an earnest and pioneering effort in the building of new ways of thinking about capitalism’s recent past and theorizing about its future, this volume is at the cutting edge of the transformation of economics and its way of approaching growth and development.
- William Milberg, The New School for Social Research,
This lively and well-argued book, which takes into account race and gender as well as class, shows that increasing inequality in income and wealth is driven by policy choices that favor property rights over labor rights. It is essential reading for everyone concerned with reducing inequality.
- Diane Elson, University of Essex,
Describing some of the most important economic trends in the last quarter century, particularly focused on economic inequalities, <i>The Great Polarization</i> tackles one of the most salient economic problems of our era comprehensively.
- Roberto Veneziani, Queen Mary University of London,
The volume contains some outstanding papers on the causes of rising inequality and on economic policy and inequality.
Choice
There is quite a lot that is worth discussing here, and I recommend the book, potentially for classroom use in a public policy course, or for scholars engaged in work on inequality in the US case.
Public Organization Review
Produktdetaljer
Om bidragsyterne
Rudiger L. von Arnim is associate professor of economics at the University of Utah. He is also senior research associate at the Austrian Foundation for Development Research.Joseph E. Stiglitz is University Professor at Columbia University and a recipient of the Nobel Memorial Prize in Economic Sciences. He is copresident of the Initiative for Policy Dialogue at Columbia University, chief economist of the Roosevelt Institute, and cochair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD.