The Culture of Inequality

By Michael Lewis,

Book cover of The Culture of Inequality

Book description

Who do America's wars against poverty turn out to be wars against the poor? Why does a nation so committed to fighting crime show such a bad record of combating it and so morbid a fascination with it? Why is American racism so deeply rooted? This study aims to answer…

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Why read it?

1 author picked The Culture of Inequality as one of their favorite books. Why do they recommend it?

Americans are reared on the myth that we are all created equal.

But this myth can have negative effects in a highly stratified society, where the richest 5% of families have 248 times as much wealth as the second richest 20% of the population and where racial discrimination permeates every aspect of life.

In this classic work, Lewis shows how the myth of equal opportunity “individualizes” success and failure. The belief that each individual earns success or is responsible for failure contributes to a public ethos in which the poor are blamed for their plight and the rich lack compassion…

From Mary's list on capitalism’s iniquities.

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