The Inequality Paradox

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The Inequality Paradox

Author : Douglas McWilliams
Publisher : Abrams
ISBN 13 : 1468316699
Total Pages : 190 pages
Book Rating : 4.4/5 (683 download)

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Book Synopsis The Inequality Paradox by : Douglas McWilliams

Download or read book The Inequality Paradox written by Douglas McWilliams and published by Abrams. This book was released on 2018-10-09 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization tat have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development—the fourth industrial revolution—that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this.From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential reading for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.

Atlanta Paradox

Author : David L. Sjoquist
Publisher : Russell Sage Foundation
ISBN 13 : 1610445066
Total Pages : 311 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Atlanta Paradox by : David L. Sjoquist

Download or read book Atlanta Paradox written by David L. Sjoquist and published by Russell Sage Foundation. This book was released on 2000-05-25 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the rapid creation of jobs in the greater Atlanta region, poverty in the city itself remains surprisingly high, and Atlanta's economic boom has yet to play a significant role in narrowing the gap between the suburban rich and the city poor. This book investigates the key factors underlying this paradox. The authors show that the legacy of past residential segregation as well as the more recent phenomenon of urban sprawl both work against inner city blacks. Many remain concentrated near traditional black neighborhoods south of the city center and face prohibitive commuting distances now that jobs have migrated to outlying northern suburbs. The book also presents some promising signs. Few whites still hold overt negative stereotypes of blacks, and both whites and blacks would prefer to live in more integrated neighborhoods. The emergence of a dynamic, black middle class and the success of many black-owned businesses in the area also give the authors reason to hope that racial inequality will not remain entrenched in a city where so much else has changed. A Volume in the Multi-City Study of Urban Inequality

The Profit Paradox

Author : Jan Eeckhout
Publisher : Princeton University Press
ISBN 13 : 0691224293
Total Pages : 352 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Profit Paradox by : Jan Eeckhout

Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

The Wealth Paradox

Author : Frank Mols
Publisher : Cambridge University Press
ISBN 13 : 1107079802
Total Pages : 239 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis The Wealth Paradox by : Frank Mols

Download or read book The Wealth Paradox written by Frank Mols and published by Cambridge University Press. This book was released on 2017-05-25 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents compelling evidence of the 'wealth paradox', where economic prosperity can also fuel prejudice, social unrest, and intergroup hostility.

The Undeserving Rich

Author : Leslie McCall
Publisher : Cambridge University Press
ISBN 13 : 1107355230
Total Pages : 319 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis The Undeserving Rich by : Leslie McCall

Download or read book The Undeserving Rich written by Leslie McCall and published by Cambridge University Press. This book was released on 2013-03-29 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely assumed that Americans care little about income inequality, believe opportunities abound, admire the rich, and dislike redistributive policies. Leslie McCall contends that such assumptions are based on both incomplete survey data and economic conditions of the past and not present. In fact, Americans have desired less inequality for decades, and McCall's book explains why. Americans become most concerned about inequality in times of inequitable growth, when they view the rich as prospering while opportunities for good jobs, fair pay and high quality education are restricted for everyone else. As a result, they favor policies to expand opportunity and redistribute earnings in the workplace, reducing inequality in the market rather than redistributing income after the fact with tax and spending policies. This book resolves the paradox of how Americans can express little enthusiasm for welfare state policies and still yearn for a more equitable society, and forwards a new model of preferences about income inequality rooted in labor market opportunities rather than welfare state policies.

Naturalizing Inequality

Author : Michela Marcatelli
Publisher : University of Arizona Press
ISBN 13 : 0816539502
Total Pages : 193 pages
Book Rating : 4.8/5 (165 download)

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Book Synopsis Naturalizing Inequality by : Michela Marcatelli

Download or read book Naturalizing Inequality written by Michela Marcatelli and published by University of Arizona Press. This book was released on 2021-10-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses the reproduction and legitimization of racial inequality in post-apartheid South Africa. Michela Marcatelli unravels this inequality paradox through an ethnography of water in a rural region of the country. She documents how calls to save nature have only deepened and naturalized inequality.

The Asian American Achievement Paradox

Author : Jennifer Lee
Publisher : Russell Sage Foundation
ISBN 13 : 1610448502
Total Pages : 267 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis The Asian American Achievement Paradox by : Jennifer Lee

Download or read book The Asian American Achievement Paradox written by Jennifer Lee and published by Russell Sage Foundation. This book was released on 2015-06-30 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian Americans are often stereotyped as the “model minority.” Their sizeable presence at elite universities and high household incomes have helped construct the narrative of Asian American “exceptionalism.” While many scholars and activists characterize this as a myth, pundits claim that Asian Americans’ educational attainment is the result of unique cultural values. In The Asian American Achievement Paradox, sociologists Jennifer Lee and Min Zhou offer a compelling account of the academic achievement of the children of Asian immigrants. Drawing on in-depth interviews with the adult children of Chinese immigrants and Vietnamese refugees and survey data, Lee and Zhou bridge sociology and social psychology to explain how immigration laws, institutions, and culture interact to foster high achievement among certain Asian American groups. For the Chinese and Vietnamese in Los Angeles, Lee and Zhou find that the educational attainment of the second generation is strikingly similar, despite the vastly different socioeconomic profiles of their immigrant parents. Because immigration policies after 1965 favor individuals with higher levels of education and professional skills, many Asian immigrants are highly educated when they arrive in the United States. They bring a specific “success frame,” which is strictly defined as earning a degree from an elite university and working in a high-status field. This success frame is reinforced in many local Asian communities, which make resources such as college preparation courses and tutoring available to group members, including their low-income members. While the success frame accounts for part of Asian Americans’ high rates of achievement, Lee and Zhou also find that institutions, such as public schools, are crucial in supporting the cycle of Asian American achievement. Teachers and guidance counselors, for example, who presume that Asian American students are smart, disciplined, and studious, provide them with extra help and steer them toward competitive academic programs. These institutional advantages, in turn, lead to better academic performance and outcomes among Asian American students. Yet the expectations of high achievement come with a cost: the notion of Asian American success creates an “achievement paradox” in which Asian Americans who do not fit the success frame feel like failures or racial outliers. While pundits ascribe Asian American success to the assumed superior traits intrinsic to Asian culture, Lee and Zhou show how historical, cultural, and institutional elements work together to confer advantages to specific populations. An insightful counter to notions of culture based on stereotypes, The Asian American Achievement Paradox offers a deft and nuanced understanding how and why certain immigrant groups succeed.

New Paradox for Japanese Women, The; Greater Choice, Greater Inequality

Author : Tachibanaki Toshiaki
Publisher :
ISBN 13 : 9784903452180
Total Pages : 290 pages
Book Rating : 4.4/5 (521 download)

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Book Synopsis New Paradox for Japanese Women, The; Greater Choice, Greater Inequality by : Tachibanaki Toshiaki

Download or read book New Paradox for Japanese Women, The; Greater Choice, Greater Inequality written by Tachibanaki Toshiaki and published by . This book was released on 2010-04 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 『女女格差』英語版。女性の人生でのさまざまな格差を検証し、その差が合理的なものなのか不公平なものなのかを分析する。

The Return of Inequality

Author : Mike Savage
Publisher : Harvard University Press
ISBN 13 : 0674259645
Total Pages : 449 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis The Return of Inequality by : Mike Savage

Download or read book The Return of Inequality written by Mike Savage and published by Harvard University Press. This book was released on 2021-05-18 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions. The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands. Mainstream economists say we need not worry; what matters is growth, not distribution. In The Return of Inequality, acclaimed sociologist Mike Savage pushes back, explaining inequality’s profound deleterious effects on the shape of societies. Savage shows how economic inequality aggravates cultural, social, and political conflicts, challenging the coherence of liberal democratic nation-states. Put simply, severe inequality returns us to the past. By fracturing social bonds and harnessing the democratic process to the strategies of a resurgent aristocracy of the wealthy, inequality revives political conditions we thought we had moved beyond: empires and dynastic elites, explosive ethnic division, and metropolitan dominance that consigns all but a few cities to irrelevance. Inequality, in short, threatens to return us to the very history we have been trying to escape since the Age of Revolution. Westerners have been slow to appreciate that inequality undermines the very foundations of liberal democracy: faith in progress and trust in the political community’s concern for all its members. Savage guides us through the ideas of leading theorists of inequality, including Marx, Bourdieu, and Piketty, revealing how inequality reimposes the burdens of the past. At once analytically rigorous and passionately argued, The Return of Inequality is a vital addition to one of our most important public debates.

Paradox and Perception

Author : Carol L. Graham
Publisher : Rowman & Littlefield
ISBN 13 : 0815703953
Total Pages : 274 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Paradox and Perception by : Carol L. Graham

Download or read book Paradox and Perception written by Carol L. Graham and published by Rowman & Littlefield. This book was released on 2010-09-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "quality of life" concept of quality of life is a broad one. It incorporates basic needs but also extends beyond them to include capabilities, the "livability" of the environment, and life appreciation and happiness. Latin America's diversity in culture and levels of development provide a laboratory for studying how quality of life varies with a number of objective and subjective measures. These measures range from income levels to job insecurity and satisfaction, to schooling attainment and satisfaction, to measured and self-assessed health, among others. Paradox and Perception greatly improves our understanding of the determinants of well-being in Latin America based on a broad "quality of life" concept that challenges some standard assumptions in economics, including those about the relationship between happiness and income. The authors' analysis builds upon a number of new approaches in economics, particularly those related to the study of happiness and finds a number of paradoxes as the region's respondents evaluate their well-being. These include the paradox of unhappy growth at the macroeconomic level, happy peasants and frustrated achievers at the microlevel, and surprisingly high levels of satisfaction with public services among the region's poorest. They also have important substantive links with several of the region's realities, such as high levels of income inequality, volatile macroeconomic performance, and low expectations of public institutions and faith in the capacity of the state to deliver. Identifying these perceptions, paradoxes, and their causes will contribute to the crafting of better public policies, as well as to our understanding of why "populist" politics still pervade in much of the region.

The Economics of Poverty Traps

Author : Christopher B. Barrett
Publisher : University of Chicago Press
ISBN 13 : 022657430X
Total Pages : 425 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis The Economics of Poverty Traps by : Christopher B. Barrett

Download or read book The Economics of Poverty Traps written by Christopher B. Barrett and published by University of Chicago Press. This book was released on 2018-12-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

The Land of Too Much

Author : Monica Prasad
Publisher : Harvard University Press
ISBN 13 : 0674071549
Total Pages : 306 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Land of Too Much by : Monica Prasad

Download or read book The Land of Too Much written by Monica Prasad and published by Harvard University Press. This book was released on 2012-12-31 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America’s explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by “mortgage Keynesianism.” This book will launch a thousand debates.

Inequality and the City in the Low Countries (1200-2020)

Author : Bruno Blondé
Publisher :
ISBN 13 : 9782503588698
Total Pages : 412 pages
Book Rating : 4.5/5 (886 download)

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Book Synopsis Inequality and the City in the Low Countries (1200-2020) by : Bruno Blondé

Download or read book Inequality and the City in the Low Countries (1200-2020) written by Bruno Blondé and published by . This book was released on 2020 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Globalization of Inequality

Author : François Bourguignon
Publisher : Princeton University Press
ISBN 13 : 0691175640
Total Pages : 230 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Globalization of Inequality by : François Bourguignon

Download or read book The Globalization of Inequality written by François Bourguignon and published by Princeton University Press. This book was released on 2017-01-24 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why national and international equality matter and what we can do to ensure a fairer world In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

Inequality Studies from the Global South

Author : David Francis
Publisher : Routledge
ISBN 13 : 1000061914
Total Pages : 223 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Inequality Studies from the Global South by : David Francis

Download or read book Inequality Studies from the Global South written by David Francis and published by Routledge. This book was released on 2020-05-04 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an innovative, interdisciplinary approach to thinking about inequality, and to understanding how inequality is produced and reproduced in the global South. Without the safety net of the various Northern welfare states, inequality in the global South is not merely a socio-economic problem, but an existential threat to the social contract that underpins the democratic state and society itself. Only a response that is firmly grounded in the context of the global South can hope to address this problem. This collection brings together scholars from across the globe, with a particular focus on the global South, to address broad thematic areas such as the conceptual and methodological challenges of measuring inequality; the political economy of inequality in the global South; inequality in work, households and the labour market; and inequalities in land, spaces and cities. The book concludes by suggesting alternatives for addressing inequality in the global South and around the world. The pioneering ideas and theories put forward by this volume make it essential reading for students and researchers of global inequality across the fields of sociology, economics, law, politics, global studies and development studies.

Top Incomes

Author : A. B. Atkinson
Publisher : Oxford University Press
ISBN 13 : 0199286892
Total Pages : 799 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Top Incomes by : A. B. Atkinson

Download or read book Top Incomes written by A. B. Atkinson and published by Oxford University Press. This book was released on 2010-04 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.

How to Fight Inequality

Author : Ben Phillips
Publisher : John Wiley & Sons
ISBN 13 : 1509543104
Total Pages : 91 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis How to Fight Inequality by : Ben Phillips

Download or read book How to Fight Inequality written by Ben Phillips and published by John Wiley & Sons. This book was released on 2020-09-29 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is the crisis of our time. The growing gap between a few at the top and the rest of society damages us all. No longer able to deny the crisis, every government in the world is now pledged to fix it – and yet it keeps on getting worse. In this book, international anti-inequality campaigner Ben Phillips shows why winning the debate is not enough: we have to win the fight. Drawing on his insider experience, and his personal exchanges with the real-life heroes of successful movements, he shows how the battle against inequality has been won before, and he shares a practical plan for defeating inequality again. He sets a route map for us to overcome deference, build our collective power, and create a new story. Most books on inequality are about what other people ought to do about it – this book is about why winning the fight needs you. Tired of feeling helpless in the face of spiralling inequality? Want to know what you can do about it? This is the book for you.