Critical Summaries About Inequality

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The Divide

Author : Jason Hickel
Publisher : Random House
ISBN 13 : 1473539277
Total Pages : 368 pages
Book Rating : 4.4/5 (735 download)

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Book Synopsis The Divide by : Jason Hickel

Download or read book The Divide written by Jason Hickel and published by Random House. This book was released on 2017-05-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: ________________ As seen on Sky News All Out Politics ‘There’s no understanding global inequality without understanding its history. In The Divide, Jason Hickel brilliantly lays it out, layer upon layer, until you are left reeling with the outrage of it all.’ - Kate Raworth, author of Doughnut Economics · The richest eight people control more wealth than the poorest half of the world combined. · Today, 60 per cent of the world’s population lives on less than $5 a day. · Though global real GDP has nearly tripled since 1980, 1.1 billion more people are now living in poverty. For decades we have been told a story: that development is working, that poverty is a natural phenomenon and will be eradicated through aid by 2030. But just because it is a comforting tale doesn’t make it true. Poor countries are poor because they are integrated into the global economic system on unequal terms, and aid only helps to hide this. Drawing on pioneering research and years of first-hand experience, The Divide tracks the evolution of global inequality – from the expeditions of Christopher Columbus to the present day – offering revelatory answers to some of humanity’s greatest problems. It is a provocative, urgent and ultimately uplifting account of how the world works, and how it can change for the better.

Savage Inequalities

Author : Jonathan Kozol
Publisher : Crown
ISBN 13 : 0770436668
Total Pages : 338 pages
Book Rating : 4.7/5 (74 download)

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Book Synopsis Savage Inequalities by : Jonathan Kozol

Download or read book Savage Inequalities written by Jonathan Kozol and published by Crown. This book was released on 2012-07-24 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • “An impassioned book, laced with anger and indignation, about how our public education system scorns so many of our children.”—The New York Times Book Review In 1988, Jonathan Kozol set off to spend time with children in the American public education system. For two years, he visited schools in neighborhoods across the country, from Illinois to Washington, D.C., and from New York to San Antonio. He spoke with teachers, principals, superintendents, and, most important, children. What he found was devastating. Not only were schools for rich and poor blatantly unequal, the gulf between the two extremes was widening—and it has widened since. The urban schools he visited were overcrowded and understaffed, and lacked the basic elements of learning—including books and, all too often, classrooms for the students. In Savage Inequalities, Kozol delivers a searing examination of the extremes of wealth and poverty and calls into question the reality of equal opportunity in our nation’s schools. Praise for Savage Inequalities “I was unprepared for the horror and shame I felt. . . . Savage Inequalities is a savage indictment. . . . Everyone should read this important book.”—Robert Wilson, USA Today “Kozol has written a book that must be read by anyone interested in education.”—Elizabeth Duff, Philadelphia Inquirer “The forces of equity have now been joined by a powerful voice. . . . Kozol has written a searing exposé of the extremes of wealth and poverty in America’s school system and the blighting effect on poor children, especially those in cities.”—Emily Mitchell, Time “Easily the most passionate, and certain to be the most passionately debated, book about American education in several years . . . A classic American muckraker with an eloquent prose style, Kozol offers . . . an old-fashioned brand of moral outrage that will affect every reader whose heart has not yet turned to stone.”—Entertainment Weekly

Social Inequality

Author : Kathryn Neckerman
Publisher : Russell Sage Foundation
ISBN 13 : 1610444205
Total Pages : 1044 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Social Inequality by : Kathryn Neckerman

Download or read book Social Inequality written by Kathryn Neckerman and published by Russell Sage Foundation. This book was released on 2004-06-18 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality in income, earnings, and wealth has risen dramatically in the United States over the past three decades. Most research into this issue has focused on the causes—global trade, new technology, and economic policy—rather than the consequences of inequality. In Social Inequality, a group of the nation's leading social scientists opens a wide-ranging inquiry into the social implications of rising economic inequality. Beginning with a critical evaluation of the existing research, they assess whether the recent run-up in economic inequality has been accompanied by rising inequality in social domains such as the quality of family and neighborhood life, equal access to education and health care, job satisfaction, and political participation. Marcia Meyers and colleagues find that many low-income mothers cannot afford market-based child care, which contributes to inequality both at the present time—by reducing maternal employment and family income—and through the long-term consequences of informal or low-quality care on children's educational achievement. At the other end of the educational spectrum, Thomas Kane links the growing inequality in college attendance to rising tuition and cuts in financial aid. Neil Fligstein and Taek-Jin Shin show how both job security and job satisfaction have decreased for low-wage workers compared with their higher-paid counterparts. Those who fall behind economically may also suffer diminished access to essential social resources like health care. John Mullahy, Stephanie Robert, and Barbara Wolfe discuss why higher inequality may lead to poorer health: wider inequality might mean increased stress-related ailments for the poor, and it might also be associated with public health care policies that favor the privileged. On the political front, Richard Freeman concludes that political participation has become more stratified as incomes have become more unequal. Workers at the bottom of the income scale may simply be too hard-pressed or too demoralized to care about political participation. Social Inequality concludes with a comprehensive section on the methodological problems involved in disentangling the effects of inequality from other economic factors, which will be of great benefit to future investigators. While today's widening inequality may be a temporary episode, the danger is that the current economic divisions may set in motion a self-perpetuating cycle of social disadvantage. The most comprehensive review of this quandary to date, Social Inequality maps out a new agenda for research on inequality in America with important implications for public policy.

Inequality in U.S. Social Policy

Author : Bryan Warde
Publisher : Routledge
ISBN 13 : 1000453669
Total Pages : 353 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Inequality in U.S. Social Policy by : Bryan Warde

Download or read book Inequality in U.S. Social Policy written by Bryan Warde and published by Routledge. This book was released on 2021-09-26 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the second edition of Inequality in U.S. Social Policy: An Historic Analysis, Bryan Warde illuminates the pervasive and powerful role that social inequality based on race and ethnicity, gender, immigration status, sexual orientation, class, and disability plays and has historically played in informing social policy. Using critical race theory and other structural oppression theoretical frameworks, this book examines social inequalities as they relate to social welfare, education, housing, employment, health care, and child welfare, immigration, and criminal justice. With fully updated statistics throughout, and an examination of the impact of the COVID-19 pandemic on the United States, this new edition addresses the mammoth political and social changes which have affected inequality in the past few years. Inequality in U.S. Social Policy will help social work students better understand the origins of inequalities that their clients face, as well as providing an introduction for other social science students.

Social Inequality

Author : Louise Warwick-Booth
Publisher : SAGE
ISBN 13 : 1446293114
Total Pages : 390 pages
Book Rating : 4.4/5 (462 download)

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Book Synopsis Social Inequality by : Louise Warwick-Booth

Download or read book Social Inequality written by Louise Warwick-Booth and published by SAGE. This book was released on 2013-08-13 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What makes this book stand out for me is that, as well as being theoretically informed and clearly written, its structure lends itself unmistakeably to teaching... If our aim is to teach truly engaged students, it should be our job to provide truly engaging materials. This is what you will find with this particular book. It will help to inform your disciplinary teaching of social inequality across the social sciences and it will provide a solid basis for your seminar work with students." - Helen Jones, Higher Education Academy "Warwick-Booth has provided a highly readable introductory text that will be accessible to everyone interested in this area of study, and I highly recommend it for those embarking on studies of social inequality." - LSE Review of Books What is the state of social inequality today? How can you situate yourself in the debates? This is an essential book that not only introduces you to the key areas, definitions and debates within the field, but also gives you the opportunity to reflect upon the roots of inequality and to critically analyse power relations today. With international examples and a clear interdisciplinary approach throughout, the book encourages you to look at social inequality as a complex social phenomenon that needs to be understood in a global context. This book: Looks at social divisions across societies Explores global processes and changes that are affecting inequalities Discusses social inequality in relation to class, gender and race Examines current social policy approaches to explore how these relate to inequality Reflects upon the potential solutions to inequalities This engaging and accessible introduction to social inequality is an invaluable resource for students across the social sciences. Louise Warwick-Booth is Senior Lecturer in Health Policy at Leeds Metropolitan University, UK.

Emerging Intersections

Author : Bonnie Thornton Dill
Publisher : Rutgers University Press
ISBN 13 : 0813546516
Total Pages : 322 pages
Book Rating : 4.8/5 (135 download)

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Book Synopsis Emerging Intersections by : Bonnie Thornton Dill

Download or read book Emerging Intersections written by Bonnie Thornton Dill and published by Rutgers University Press. This book was released on 2009-01-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is known as a "melting pot" yet this mix tends to be volatile and contributes to a long history of oppression, racism, and bigotry. Emerging Intersections, an anthology of ten previously unpublished essays, looks at the problems of inequality and oppression from new angles and promotes intersectionality as an interpretive tool that can be utilized to better understand the ways in which race, class, gender, ethnicity, and other dimensions of difference shape our lives today. The book showcases innovative contributions that expand our understanding of how inequality affects people of color, demonstrates the ways public policies reinforce existing systems of inequality, and shows how research and teaching using an intersectional perspective compels scholars to become agents of change within institutions. By offering practical applications for using intersectional knowledge, Emerging Intersections will help bring us one step closer to achieving positive institutional change and social justice.

Unbound

Author : Heather Boushey
Publisher : Harvard University Press
ISBN 13 : 0674919319
Total Pages : 305 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Unbound by : Heather Boushey

Download or read book Unbound written by Heather Boushey and published by Harvard University Press. This book was released on 2019-10-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Book of the Year “The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.” —Jason Furman “A timely and very useful guide...Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.” —New Yorker Do we have to choose between equality and prosperity? Decisions made over the past fifty years have created underlying fragilities in our society that make our economy less effective in good times and less resilient to shocks, such as today’s coronavirus pandemic. Many think tackling inequality would require such heavy-handed interference that it would stifle economic growth. But a careful look at the data suggests nothing could be further from the truth—and that reducing inequality is in fact key to delivering future prosperity. Presenting cutting-edge economics with verve, Heather Boushey shows how rising inequality is a drain on talent, ideas, and innovation, leading to a concentration of capital and a damaging under-investment in schools, infrastructure, and other public goods. We know inequality is fueling social unrest. Boushey shows persuasively that it is also a serious drag on growth. “In this outstanding book, Heather Boushey...shows that, beyond a point, inequality damages the economy by limiting the quantity and quality of human capital and skills, blocking access to opportunity, underfunding public services, facilitating predatory rent-seeking, weakening aggregate demand, and increasing reliance on unsustainable credit.” —Martin Wolf, Financial Times “Think rising levels of inequality are just an inevitable outcome of our market-driven economy? Then you should read Boushey’s well-argued, well-documented explanation of why you’re wrong.” —David Rotman, MIT Technology Review

Inequality in Education

Author : Donald B. Holsinger
Publisher : Springer Science & Business Media
ISBN 13 : 9048126525
Total Pages : 609 pages
Book Rating : 4.0/5 (481 download)

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Book Synopsis Inequality in Education by : Donald B. Holsinger

Download or read book Inequality in Education written by Donald B. Holsinger and published by Springer Science & Business Media. This book was released on 2009-05-29 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality in Education: Comparative and International Perspectives is a compilation of conceptual chapters and national case studies that includes a series of methods for measuring education inequalities. The book provides up-to-date scholarly research on global trends in the distribution of formal schooling in national populations. It also offers a strategic comparative and international education policy statement on recent shifts in education inequality, and new approaches to explore, develop and improve comparative education and policy research globally. Contributing authors examine how education as a process interacts with government finance policy to form patterns of access to education services. In addition to case perspectives from 18 countries across six geographic regions, the volume includes six conceptual chapters on topics that influence education inequality, such as gender, disability, language and economics, and a summary chapter that presents new evidence on the pernicious consequences of inequality in the distribution of education. The book offers (1) a better and more holistic understanding of ways to measure education inequalities; and (2) strategies for facing the challenge of inequality in education in the processes of policy formation, planning and implementation at the local, regional, national and global levels.

Inequality by Design

Author : Claude S. Fischer
Publisher : Princeton University Press
ISBN 13 : 0691221502
Total Pages : 332 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Inequality by Design by : Claude S. Fischer

Download or read book Inequality by Design written by Claude S. Fischer and published by Princeton University Press. This book was released on 2020-11-10 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: As debate rages over the widening and destructive gap between the rich and the rest of Americans, Claude Fischer and his colleagues present a comprehensive new treatment of inequality in America. They challenge arguments that expanding inequality is the natural, perhaps necessary, accompaniment of economic growth. They refute the claims of the incendiary bestseller The Bell Curve (1994) through a clear, rigorous re-analysis of the very data its authors, Richard Herrnstein and Charles Murray, used to contend that inherited differences in intelligence explain inequality. Inequality by Design offers a powerful alternative explanation, stressing that economic fortune depends more on social circumstances than on IQ, which is itself a product of society. More critical yet, patterns of inequality must be explained by looking beyond the attributes of individuals to the structure of society. Social policies set the "rules of the game" within which individual abilities and efforts matter. And recent policies have, on the whole, widened the gap between the rich and the rest of Americans since the 1970s. Not only does the wealth of individuals' parents shape their chances for a good life, so do national policies ranging from labor laws to investments in education to tax deductions. The authors explore the ways that America--the most economically unequal society in the industrialized world--unevenly distributes rewards through regulation of the market, taxes, and government spending. It attacks the myth that inequality fosters economic growth, that reducing economic inequality requires enormous welfare expenditures, and that there is little we can do to alter the extent of inequality. It also attacks the injurious myth of innate racial inequality, presenting powerful evidence that racial differences in achievement are the consequences, not the causes, of social inequality. By refusing to blame inequality on an unchangeable human nature and an inexorable market--an excuse that leads to resignation and passivity--Inequality by Design shows how we can advance policies that widen opportunity for all.

Literature and Inequality

Author : Daniel Shaviro
Publisher : Anthem Press
ISBN 13 : 178527368X
Total Pages : 300 pages
Book Rating : 4.7/5 (852 download)

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Book Synopsis Literature and Inequality by : Daniel Shaviro

Download or read book Literature and Inequality written by Daniel Shaviro and published by Anthem Press. This book was released on 2020-03-31 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of high-end inequality seep into almost every aspect of human life: it is not just a question for economists. In this highly accessible new work, Professor Shaviro takes an interdisciplinary approach to explore how great works of literature have provided some of the most incisive accounts of inequality and its social and cultural ramifications over the last two centuries. Through perceptive close readings of Jane Austen, Charles Dickens, and Edith Wharton, among others, he not only demonstrates how these accounts are still relevant today, but how they can illuminate our understanding of our current situation and broaden our own perspective beyond the merely economic.

Social Inequality & The Politics of Representation

Author : Celine-Marie Pascale
Publisher : SAGE Publications
ISBN 13 : 1452289697
Total Pages : 369 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis Social Inequality & The Politics of Representation by : Celine-Marie Pascale

Download or read book Social Inequality & The Politics of Representation written by Celine-Marie Pascale and published by SAGE Publications. This book was released on 2012-09-25 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a global landscape, the representational practices through which inequalities gain meaning are central- both within and across national boundaries. Social Inequality & The Politics of Representation takes a fresh look at how inequalities of class, race, sexuality, gender, and nation are constructed in twenty countries on five continents. It offers both rich insight and cultural critique- yet it does not offer a universal paradigm, nor is it concerned with debates about scholarship from "the center" or "the periphery". The collection de-centers North American/European paradigms by placing scholarship from countries around the globe on equal footing. Readers will find a variety of analytical styles including frame analysis, semiotics, poststructural discourse analysis, critical discourse studies, and conversation analysis. Each chapter provides an overview of relevant cultural and historical contexts for an international audience as well as a brief introduction to relevant methodological and theoretical frameworks. Consequently, it is both a richly diverse and easily accessible collection.

Toxic Inequality

Author : Thomas M. Shapiro
Publisher : Basic Books
ISBN 13 : 0465094872
Total Pages : 222 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a leading authority on race and public policy, a deeply researched account of how families rise and fall today Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities -- a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society. "Everyone concerned about the toxic effects of inequality must read this book." -- Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US." -- William Julius Wilson

Exploring Social Inequality in the 21st Century

Author : Jennifer Jarman
Publisher : Routledge
ISBN 13 : 1351609378
Total Pages : 271 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Exploring Social Inequality in the 21st Century by : Jennifer Jarman

Download or read book Exploring Social Inequality in the 21st Century written by Jennifer Jarman and published by Routledge. This book was released on 2018-10-19 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world where the effects of inequality occupy an increasingly prominent place on the public agenda, this book provides up-to-date and thorough analysis from the perspective of a group of researchers at the forefront of social stratification analysis. Exploring Social Inequality in the 21st Century is a clear and critical overview of current debates about social inequality. It includes new information, tools, and approaches to conceptualising and measuring social stratification and social class, as well as informative case studies. Throughout, the researchers describe the direct and indirect costs of social inequality. Divided into two parts – Conceptualising and Measuring Inequality; and Costs and Consequences of Inequality in the areas of Education, Employment, and Global Wealth – it includes new findings about the growth of wealth inequality in the G20 countries, and a detailed examination of tax policies designed to reduce inequality without affecting economic growth. With substantial contributions to the analysis of inequalities in education, and explanations of the processes and consequences of social and gender-based exclusion, this book is essential reading for anyone interested in understanding contemporary social inequality. This book was originally published as a special issue of the journal Contemporary Social Science.

Communities in Action

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Causes and Consequences of Income Inequality

Author : Ms.Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Inequality, Social Protection and Social Justice

Author : James Midgley
Publisher : Edward Elgar Publishing
ISBN 13 : 1789905583
Total Pages : 200 pages
Book Rating : 4.7/5 (899 download)

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Book Synopsis Inequality, Social Protection and Social Justice by : James Midgley

Download or read book Inequality, Social Protection and Social Justice written by James Midgley and published by Edward Elgar Publishing. This book was released on 2020-03-28 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thought-provoking book examines the role of social protection in reducing inequality and enhancing social justice. It assesses social protection’s impact on inequality in different parts of the world and shows that if carefully designed, adequately funded and effectively implemented, it can make a significant contribution to reducing income, gender and other forms of inequality. In this way, it can promote egalitarian ideals and enhance social justice.

Engine of Inequality

Author : Karen Petrou
Publisher : John Wiley & Sons
ISBN 13 : 1119726743
Total Pages : 291 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Engine of Inequality by : Karen Petrou

Download or read book Engine of Inequality written by Karen Petrou and published by John Wiley & Sons. This book was released on 2021-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.