The Price of Inequality: How Today's Divided Society Endangers Our Future
Joseph E. Stiglitz
Jun 2012 · Tantor Media Inc · Narrated by Paul Boehmer
3.7star
3 reviewsreport
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13 hr 4 min
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About this audiobook
The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live."
Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.
Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.
Ratings and reviews
3.7
3 reviews
Michael Mayer
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November 16, 2021
This book is heavy on opinion looking through a very narrow viewpoint. Basically everyone and every company that make money and don't give it back for general societal use are evil. Stiglitz definitely channels Karl Marx in this book. He argues with himself in that he says our society is worse off because poor people don't get a good education but that banks are evil for loaning them the money to do so. If you are already in the camp of believing that the rich should be stripped of what they have then this will affirm your feelings. If you have common sense you'll see this book as the bias opinion piece that it is.
Greg Krimer
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February 4, 2020
Reading (well, listening to) this in 2020 it is remarkable how prescient this book is. Every sentence is gold. Listen to this man!
deobojyoti kumar
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March 4, 2021
excellent
About the author
Winner of the 2001 Nobel Memorial Prize for Economics, Joseph E. Stiglitz is the author of Making Globalization Work; Globalization and Its Discontents; and, with Linda Bilmes, The Three Trillion Dollar War.
Paul Boehmer is a seasoned actor who has appeared on Broadway, film, and television, including The Thomas Crown Affair and All My Children. Coinciding with another of his passions, sci-fi, Paul has been cast in various roles in many episodes of Star Trek.
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