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How Wealth Inequality Is Wrecking the World and What We Can Do About It

Berrett-Koehler, 2012 更多详情


Editorial Rating

7

Qualities

  • Overview
  • Background

Recommendation

Chuck Collins, a senior scholar at the Institute for Public Policy and the co-author of several books on social disparity, examines the overall scope of wealth inequality. He offers a history of how today’s economic situation evolved, makes an impassioned plea for deflating the superrich and provides a political prescription for economic equality. Collins occasionally indulges in over-the-top phrasing – for example, “the inequality death spiral.” This shows his genuine passion about the massive issue of wealth inequality, but perhaps he would be even more persuasive without the rhetorical flourishes. getAbstract recommends Collins’s book, even to those who may disagree, as an important portrait of crucial economic issues.

Take-Aways

  • Since the 1980s, the superrich 1% of the population has become vastly richer.
  • The 400 richest American people together possess more wealth than the 150 million poorest Americans.
  • Wealth inequity grew when the 1% changed the economic rules to favor themselves over the other 99%.

About the Author

Chuck Collins is the author or co-author of several books on economic inequality including Economic Apartheid in America with Felice Yeskel and Wealth and Our Commonwealth with Bill Gates Sr.


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    a. A. getAbstract 1 decade ago
    Great read for those who wonder why Occupy Wall Street resonates with so many people. OWS need to make this book part of a platform for change in America.
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    R. D. 1 decade ago
    enlighten...www.ronalddestra.com