Here are 100 books that Global Inequality fans have personally recommended if you like
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I am the Director of the High Pay Centre, a London-based think tank researching the causes and consequences of economic inequality. In most major economies, the richest 1% of the population now take up to a fifth of all income and something like a quarter to a third of all wealth. These rich jerks aren’t necessarily bad people, at least not in all cases, and we don’t literally need to eat them all. However, such extreme concentration of income and wealth is undeserved and unnecessary, and it should definitely be an overriding priority to share it in a fairer and more even way.
This is an obvious choice, but it’s obvious for a reason–it sets out clearly and rigorously the extent to which the super-rich across multiple different countries suck up an ever-increasing share of aggregate income and wealth.
There’s doubtless some satisfaction from being one of the small proportion of purchasers to get through all 700+ pages, but it’s actually quite readable and peppered with literary references to writers like Jane Austen and Honore Balzac.
A New York Times #1 Bestseller An Amazon #1 Bestseller A Wall Street Journal #1 Bestseller A USA Today Bestseller A Sunday Times Bestseller A Guardian Best Book of the 21st Century Winner of the Financial Times and McKinsey Business Book of the Year Award Winner of the British Academy Medal Finalist, National Book Critics Circle Award
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard…
I have worked on the problems of poverty, particularly in sub-Saharan Africa, for much of my professional life. I worked at the Centre for the Study of African Economies, which is part of the Department of Economics at Oxford University, from 1991 until my retirement in 2012. I continue to work both with the Centre and the Department as a Managing Editor of Oxford Economic Papers and Chief Editor of the Journal of African Economies. My recent book The Poor and the Plutocrats grew out of this background where I wanted to understand the links between very poor countries and those of much richer ones.
The divide here is not within a country but across countries, in particular between rich and poor countries, which are often referred to as ‘The Global South’.
Hickel argues that the activities by those in rich countries designed to ‘help’ poorer countries have exactly the opposite of their claimed effect. Rather than being the mechanism by which poverty is alleviated the policies they advocate for these poor countries are really the causes of their continuing poverty.
He writes: "Today British apologists defend colonialism in India and interventions in China on the basis that it brought ‘development’ to these regions. But the evidence we have suggests exactly the opposite story. It was the colonial period that forced market integration that inaugurated the ‘development gap’ between Britain and Asia."
More than four billion people-some 60 percent of humanity-live in debilitating poverty, on less than $5 per day. The standard narrative tells us this crisis is a natural phenomenon, having to do with things like climate and geography and culture. It tells us that all we have to do is give a bit of aid here and there to help poor countries up the development ladder. It insists that if poor countries would only adopt the right institutions and economic policies, they could overcome their disadvantages and join the ranks of the rich world.
I have worked on the problems of poverty, particularly in sub-Saharan Africa, for much of my professional life. I worked at the Centre for the Study of African Economies, which is part of the Department of Economics at Oxford University, from 1991 until my retirement in 2012. I continue to work both with the Centre and the Department as a Managing Editor of Oxford Economic Papers and Chief Editor of the Journal of African Economies. My recent book The Poor and the Plutocrats grew out of this background where I wanted to understand the links between very poor countries and those of much richer ones.
The papers in this book follow on from an article in Vanity Fair, "Of the 1%, for the 1%, by the 1%". Mimicking Abraham Lincoln’s famous definition in his Gettysburg Address.
A central argument that runs throughout the book is that the growing inequality in the US is chosen, not by its peoples, but by its government. The implication is that the rising inequality and its causes are a threat to US democracy. The book sees a great divide opening between the mass of its citizens and a plutocratic class whose income, and relative position, continues to improve. The book documents how governments have pursued policies that only benefit the 1%.
In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter America's growing problem. With his signature blend of clarity and passion, Stiglitz argues that inequality is a choice-the cumulative result of unjust policies and misguided priorities.
Gathering his writings for popular outlets including Vanity Fair and the New York Times, Stiglitz exposes in full America's inequality: its dimensions, its causes, and its consequences for the nation and for the world. From Reagan-era to the Great Recession and its long aftermath, Stiglitz delves into the…
I have worked on the problems of poverty, particularly in sub-Saharan Africa, for much of my professional life. I worked at the Centre for the Study of African Economies, which is part of the Department of Economics at Oxford University, from 1991 until my retirement in 2012. I continue to work both with the Centre and the Department as a Managing Editor of Oxford Economic Papers and Chief Editor of the Journal of African Economies. My recent book The Poor and the Plutocrats grew out of this background where I wanted to understand the links between very poor countries and those of much richer ones.
Atkinson died in January 2017. His life’s academic work focused on the causes of inequality and poverty. He had a particular interest in policy in these areas which is reflected in this book which offers a rationale for and a detailed account of how household income can be made more equal.
He is concerned with inequality in developed countries, so his focus is on the US, UK, and European countries. He first sets out how it is that income inequality has so greatly increased covering some of the same ground as Milanovic. He then, in chapters on progressive taxation and social security, sets out detailed proposals which he argues would considerably reduce inequality and promote social justice.
His proposals on progressive taxation would, it can be safely asserted, reduce Tory MPs to apoplexy.
Winner of the Richard A. Lester Award for the Outstanding Book in Industrial Relations and Labor Economics, Princeton University An Economist Best Economics and Business Book of the Year A Financial Times Best Economics Book of the Year
Inequality is one of our most urgent social problems. Curbed in the decades after World War II, it has recently returned with a vengeance. We all know the scale of the problem-talk about the 99% and the 1% is entrenched in public debate-but there has been little discussion of what we can do but despair. According to the distinguished economist Anthony Atkinson,…
There are many big problems in the world today–racism, war, climate change, unaccountable governments, exploitative corporations, and so on. But when you scratch the surface of almost any serious problem, what you find is that the root of the problem is inequality: a minority of people are rich and powerful, while those who suffer the most are typically poor and powerless. I’m so passionate about inequality because, in my eyes, it constitutes the heart and soul of what’s wrong with our world and the key to making things better.
In this already-classic work, Joseph Stiglitz–Nobel Prize winner and chief economist for the World Bank–describes the ways in which the market has been systematically rigged in favour of the rich and big business, leading to an explosion of inequality and the rise of the 1%.
I love how this book illustrates the ways in which inequality acts as a cancer on society, eating it apart from the inside. But Stiglitz also helped me to understand how such problems can be dealt with a realistic way.
The top 1 percent of Americans control some 40 percent of the nation's wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was. They have made America the most unequal advanced industrial country while crippling growth, distorting key policy debates, and fomenting a divided society. Stiglitz not only shows how and why America's inequality is bad for our economy…
Working as a social anthropologist in Uganda, Ghana, Malaysia, and Catalonia, I became fascinated by villages as microcosms of broader social change, places where history can be observed in the making through the lives and histories of families and of their members. Villages are anything but ‘natural’ communities or social backwaters. They survive (or perish) because people, beliefs, and goods are continually moving in and out. Village lives are certainly shaped by state and society, but the impact goes both ways. Each of my selected books tells a gripping and distinctive story of villagers grappling with social and cultural tension, the forces of change, and the challenges of survival.
The Berber village of Tadrar clings to the steep slopes of the High Atlas. Lives are hard.
Women, men and children labor to bring precious water to homes, fields, and byres, to coax barley from narrow terraces, keep houses warm, feed families, tend the sick, and support the mosque and school. Most younger people go to the city for work, at least for a while, sending money home to help their families.
So how do families and individuals view their options, their place in the village and in the world?
Vivid interviews and observations stud Crawford’s affectionate and perceptive account of how people in Tadrar decide to become involved in the larger world economy, and their views on what it does for them and to them.
In the High Atlas Mountains of Morocco, far from the hustle and noise of urban centers, lies a village made of mud and rock, barely discernible from the surrounding landscape. Yet a closer look reveals a carefully planned community of homes nestled above the trees, where rock slides are least frequent, and steep terraces of barley fields situated just above spring flood level. The Berber-speaking Muslims who live and farm on these precipitous mountainsides work together at the arduous task of irrigating the fields during the dry season, continuing a long tradition of managing land, labor, and other essential resources…
Rupert Read is an Associate Professor of Philosophy at the University of East Anglia in Norwich, UK, where he works alongside some of the world’s leading climate scientists. He is a campaigner for the Green Party of England and Wales, a former spokesperson for the Extinction Rebellion, and co-founder of the Climate Activists Network, GreensCAN.
Latour was not one of my favourite thinkers before I read this book. I‘ve found him an interesting person to engage with, in person, and to read in the past, but I rarely found myself really agreeing with him very much. But this book has changed all of that. The title is translated from French—a better translation would beA Place to Land.
The present ecological mutation has organized the whole political landscape for the last thirty years. This could explain the deadly cocktail of exploding inequalities, massive deregulation, and conversion of the dream of globalization into a nightmare for most people. What holds these three phenomena together is the conviction, shared by some powerful people, that the ecological threat is real and that the only way for them to survive is to abandon any pretense at sharing a common future with the rest of the world. Hence their flight offshore and their massive investment in climate change denial. The Left has been…
I’m a wine writer, winemaker, organic wine farmer, and an accredited wine educator with decades of experience. I have loved wine since my first sip as a university student and wine is one of my life’s passions. I love how wine can connect you to a place, how it is like travel in a bottle, to a vintage, a place, a person. I’ve written five books about wine; I offer wine courses, tours and vineyard walks in South-West France and I live on the organic vineyard and winery that I co-founded with my husband. In my writing life, I’m also wine writer for Living magazine.
Mike Veseth is a writer and economist. His book offers insight into the economics and business of wine via analysis, anecdotes, and entertainment.
Branded industrial single varietal (single grape type) wines simplify the wine shelf and help wine-lovers to understand wine as they start their wine journey, but they also dumb down wine and destroy part of what makes wine so special: its unique ability to take us to a place, a time, a person.
Mike asks if this trend toward standardisation will kill wine or if there will be a swing back to small lot wines. I found the case studies he explored enlightening. This book sheds new light on the complicated business of wine.
Writing with wit and verve, Mike Veseth (a.k.a. the Wine Economist) tells the compelling story of the war between the market trends that are redrawing the world wine map and the terroirists who resist them. Wine and the wine business are at a critical crossroad today, transformed by three powerful forces. Veseth begins with the first force, globalization, which is shifting the center of the wine world as global wine markets provide enthusiasts with a rich but overwhelming array of choices. Two Buck Chuck, the second force, symbolizes the rise of branded products like the famous Charles Shaw wines sold…
As a boomer and working-class kid, I experienced living conditions improving rapidly. This sparked my interest in studying international and development economics to explore how we can create a better and more equitable world. As professor of international economics, I have been researching and teaching for many years about what is now known as “globalization”. This taught me two things that inspired me to write my latest book: First, to understand the process and consequences of (de-)globalization, in-depth study is essential to avoid popular misconceptions about the global economy; and, second, globalization needs to be carefully managed to make it work for all people.
This is one of the most influential books on economic globalization written in the last decade, and it will certainly continue to be crucial to understand the future of globalization.
Rodrik’s Globalization Paradox pinpoints the key policy trade-offs in a globalized economy: If policymakers opt for “hyper-globalization” while insisting on national decision-making, they could find their societies in the “golden straitjacket” of global capitalism.
Alternatively, they could give up sovereignty to democratically legitimized “global governance”.
As the latter is difficult to achieve and often unacceptable to national policymakers, Rodrik argues for limiting hyper-globalization.
The existence of a globalization paradox as well as Rodrik’s conclusion, has been hotly discussed, but the ongoing debate only proves the importance of his book.
In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik reminds us of the importance of the nation-state, arguing forcefully that when the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik's case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today's global challenges in trade, finance, and labor markets.
I'm the New York Times' Global Economics Correspondent. Over the course of three decades in journalism, I have reported from more than 40 countries, including a six-year stint in China for the Washington Post and five years in London for the Times. I have ridden with truck drivers from Texas to India, visited factories and warehouses from Argentina to Kenya, and explored ports from Los Angeles to Rotterdam.
No one has wrestled more deeply with globalization than the Nobel laureate economist Joseph Stiglitz.
Here, he reveals how the shape of our modern world is colored by a mutant form of freedom that has captured society and the levers of power—the notion that individuals and businesses left to their own devices somehow maximize social good.
You don’t need a Nobel of your own to recognize how this fantasy has fallen short.
We are a nation born from the conviction that people must be free. But since the middle of the last century, that idea has been co-opted. Forces on the political Right have justified exploitation by cloaking it in the rhetoric of freedom, leading to pharmaceutical companies freely overcharging for medication, a Big Tech free from oversight, politicians free to incite rebellion, corporations free to pollute, and more. How did we get here? Whose freedom are we-and should we-be thinking about?
In The Road to Freedom, Nobel prize winner Joseph E. Stiglitz dissects America's current economic system and the political ideology…
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