Here are 100 books that The Price of Inequality fans have personally recommended if you like
The Price of Inequality.
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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.
Margaret Thatcher famously argued that “there is no alternative;” this book is the ultimate rebuttal.
I read this for the first time as an undergrad, and it forever changed me. What’s so powerful about it is that Schweickart lays out a simple but powerful model for a fundamentally different kind of society–a democratic socialist society based on economic democracy. He then carefully demonstrates that this alternative is not only feasible but that it would work far better than capitalism in pretty well every regard.
For anyone who has been searching for a clear and coherent alternative–this book is for you.
Since first published in 2002, After Capitalism has offered students and political activists alike a coherent vision of a viable and desirable alternative to capitalism. David Schweickart calls this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. In the second edition, Schweickart recognizes that increased globalization of companies has created greater than ever interdependent economies and the debate about the desirability of entrepreneurship is escalating. The new edition includes a new preface, completely updated data, reorganized chapters, and new…
I grew up in rural northern Michigan. My family lived in comfort, never lacking essentials. Yet, many of those living around me had difficulty making ends meet. Many lacked health insurance and year-round jobs. As a child, I viewed my community as normal and typical of the American experience. In many ways, it was–in part, that is the point of this list. At the time, I didn’t know that we could do better for those around me who worked so hard daily. Now I do. I selected these books to highlight the vast disparities between those with and without the comfort and luxury of good health.
Life expectancy among the working-class population in the United States was decreasing at an astounding rate well before the Covid-19 pandemic. While I was aware of growing inequality and decreasing access to health care for many, I didn’t realize how desperate the conditions of life seemed for many working-class Americans.
This book forced me to confront the uncomfortable reality of the health crisis among the many blue-collar workers living in the heartland of America.
A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors' Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read
From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class
Life expectancy in the United States has recently fallen for three years in a row-a reversal not seen since 1918 or in any other wealthy nation in modern times. In the…
Throughout my career as a journalist and social documentarian, I have been committed to exposing injustices and seeking out stories overlooked by mainstream media. As my career has evolved in this space—from journalist to grassroots organizer to author—I have learned to remain curious and teachable, acknowledging that my preconceived notions of the world will not do me any good. In confronting the uncomfortable in pursuit of truth, I have uncovered systemic abuses in the criminal justice system and shed light on the harsh realities faced by incarcerated individuals.
Rothstein mercilessly cuts through the political rhetoric of the past century of American politics and gets down to the nitty-gritty: Racial disparities in housing and economics were established and exacerbated by our own elected officials.
Rothstein exposes direct lines between government action and racial inequality, furthering the idea that the system isn’t broken. Rather, it works as it was designed to by allowing access to the few while neglecting the many.
Widely heralded as a "masterful" (The Washington Post) and "essential" (Slate) history of the modern American metropolis, Richard Rothstein's The Color of Law offers "the most forceful argument ever published on how federal, state, and local governments gave rise to and reinforced neighborhood segregation" (William Julius Wilson). Exploding the myth of de facto segregation arising from private prejudice or the unintended consequences of economic forces, Rothstein describes how the American government systematically imposed residential segregation: with undisguised racial zoning; public housing that purposefully segregated previously mixed communities; subsidies for builders to create whites-only suburbs; tax exemptions for institutions that enforced…
I moved to New York City in 1984 as homelessness, and the AIDS epidemic were crises all too visible to this newcomer. To my good fortune, my post-doctoral training included some of the earliest experts on mental illness and homelessness. This work became a career goal that has sustained me through almost 40 years of research using qualitative (in-depth) methods. Obtaining federal funding to support this work and mentoring many graduate students were extra benefits that I cherished. Along the way, I wrote a textbook on qualitative methods (now in its 3rd edition), co-authored a book about Housing First, and traveled to Delhi, India to study their ‘pavement dwellers’.
Matthew Desmond achieved rock star status in academia with his first book “Evicted,” a prize-winning report on people living on the edge of homelessness in Milwaukee’s predominantly black North Side and the city’s white South Side. I welcomed this follow-up book because Desmond goes beyond good story-telling to a no-holds-barred indictment of America’s appalling poverty problem and its origins.
Locked into a dysfunctional economic system that benefits the wealthiest (slumlords actually profit more than luxury condo developers), millions of Americans live precariously close to destitution, and the wealth gap increases annually. I hope to take up Desmond’s call to become a “poverty abolitionist.” This is the book I have been waiting for.
#1 NEW YORK TIMES BESTSELLER • The Pulitzer Prize–winning author of Evicted reimagines the debate on poverty, making a “provocative and compelling” (NPR) argument about why it persists in America: because the rest of us benefit from it.
“Urgent and accessible . . . Its moral force is a gut punch.”—The New Yorker
ONE OF THE MOST ANTICIPATED BOOKS OF 2023: The Washington Post, Time, Esquire, Newsweek, Minneapolis Star Tribune, Elle, Salon, Lit Hub, Kirkus Reviews
The United States, the richest country on earth, has more poverty than any other advanced democracy. Why? Why does this land of plenty allow…
Hans Ohanian is a physicist who has taught at several universities before retiring to engage in full-time research, writing, and acting as reviewer for several scientific journals. In one of his first books he included two chapters on “Energy, entropy, and environment” and “Nuclear energy.” This gave him valuable expertise for reviewing the five great books he recommends here.
James Hansen is our leading expert on climatology, whose research established that the increase of greenhouse gases in the atmosphere arising from human activities forces the global temperature upward. He recounts his strenuous efforts to alert the public and our political leaders to the dangers of greenhouse gases.
For me, the most intriguing tale told by Hansen is the mysterious mass killing of life 55 million years ago. After much sleuthing, Hansen decided this was caused by an outburst of frozen methane accumulated in the ocean, which escaped into the atmosphere and forced the temperature catastrophically upward. He reckoned that a similar accumulation of methane in today’s ocean poses a similar risk. After discussions with Bill McKibble, he urged that we must decrease atmospheric CO2 to 350 parts per million to eliminate this risk and other oceanic risks.
In his Q&A with Bill McKibben featured in the paperback edition of Storms of My Grandchildren, Dr. James Hansen, the world's leading climatologist, shows that exactly contrary to the impression the public has received, the science of climate change has become even clearer and sharper since the hardcover was released. In Storms of My Grandchildren, Hansen speaks out for the first time with the full truth about global warming: The planet is hurtling even more rapidly than previously acknowledged to a climatic point of no return. In explaining the science of climate change, Hansen paints a devastating but all-too-realistic picture…
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.
Thomas Piketty rose to international fame for his 2014 Capital in the Twenty-First Century. But this book is even better. At a whopping 1000 pages, it’s a magnum opus. A phenomenally interesting panoramic of inequality across human history.
With intricate detail and voluminous evidence, Piketty documents the rise and fall of inequality throughout the ages, depicting the ways in which ideologies have worked to bolster or undermine it. Anyone who reads this book will walk away with a far richer understanding of some of the core dynamics underlying human history.
A New York Times Bestseller An NPR Best Book of the Year
The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.
Thomas Piketty's bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left…
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.
Everyone is familiar with the idea of a minimum wage, but should there also be a maximum wage? Should there be an upper limit on the amount of wealth that anyone is allowed to possess? In this fantastic and easy-to-read book, Ingrid Robeyns convincingly argues yes. She shows why a society with billionaires is dangerous, unfair, unhealthy, and ultimately worse for everyone.
Like every brilliant book, this one starts off seeming radical but ends up seeming obvious.
"A powerful case for limitarianism-the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!" -Thomas Piketty, bestselling author of Capital in the Twenty-First Century
An original, bold, and convincing argument for a cap on wealth by the philosopher who coined the term "limitarianism."
How much money is too much? Is it ethical, and democratic, for an individual to amass a limitless amount of wealth, and then spend it however they choose? Many of us feel that the answer to that is no-but what can we do about it?
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.
Although many people intuitively recognize that inequality is a serious problem, there is widespread doubt that anything can realistically be done about it. Saez and Zucman–perhaps the two most famous tax economists in the world–demolish this pessimism. In a clear, no-nonsense manner, they demonstrate that tax systems can easily fail but they can also be made to work.
The authors describe how rich people and corporations currently avoid tax, how tax havens function, and, most importantly of all, how an evidence-based tax system can be successfully built to prevent evasion and thereby meaningfully reduce inequality.
Even as they became fabulously wealthy, the rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile working-class Americans have been asked to pay more. The Triumph of Injustice is a forensic investigation into this dramatic transformation. Emmanuel Saez and Gabriel Zucman, economists who revolutionised the study of inequality, demonstrate how the super-rich pay a lower tax rate than everybody else. In crystalline prose they dissect the deliberate choices and the sins of indecision that have fuelled this trend: the gradual exemption of capital owners; the surge of a new tax-avoidance industry and, most critically, tax…
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 approach of Milanovic is very different from that of Hickel in that it is intensive in the use of data which, he would argue, shows a much more nuanced picture of the success of the global economy in reducing poverty than argued by Hickel.
He begins by reproducing the ‘Elephant Chart’ from his earlier work. This is a chart showing the relative gain in real per capita income by global income level. The name ‘Elephant’ comes from the shape of the chart which shows the largest income gains to have occurred for those in the middle of the distribution and the lowest in the range of 70 to 80 in the percentile distribution and the highest for those at the very top. Those in the middle being the hump of the elephant those at the top being its trunk.
Milanovic argues that in many respects the years before the…
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year
One of the world's leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what…
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…
