The Inequality of Wealth: Why it Matters and How to Fix it
Jan 2024 · Bloomsbury Publishing
Ebook
304
Pages
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About this ebook
The super-rich have never had it so good. But millions of us can't afford a home, an education or a pension. And unless we change course soon, the future will be even worse. Much worse. But things don't have to be like this.
In this bold new book, former Treasury Minister Liam Byrne explains why wealth inequality has grown so fast in recent years; warns how it threatens our society, economy and politics; shows where economics has got it wrong – and lays out a path back to common sense, with five practical ways to rebuild an old ideal: the wealth-owning democracy.
Liam Byrne draws on conversations and debates with former prime ministers, presidents and policymakers around the world, together with experts at the OECD, World Bank and IMF, to argue that after twenty years of statistics and slogans it's time for solutions that aren't just radical but plausible and achievable as well.
The future won't be a land of milk and honey but it could be a place where we live longer, happier, healthier and wealthier lives.
In this bold new book, former Treasury Minister Liam Byrne explains why wealth inequality has grown so fast in recent years; warns how it threatens our society, economy and politics; shows where economics has got it wrong – and lays out a path back to common sense, with five practical ways to rebuild an old ideal: the wealth-owning democracy.
Liam Byrne draws on conversations and debates with former prime ministers, presidents and policymakers around the world, together with experts at the OECD, World Bank and IMF, to argue that after twenty years of statistics and slogans it's time for solutions that aren't just radical but plausible and achievable as well.
The future won't be a land of milk and honey but it could be a place where we live longer, happier, healthier and wealthier lives.
About the author
The Rt. Hon. Liam Byrne MP chairs the House of Commons Business and Trade Select Committee and the Global Parliamentary Network on the World Bank & International Monetary Fund. He served in the Cabinet in 10 Downing Street and Her Majesty's Treasury. An Honorary Professor of Social Science at the University of Birmingham, Liam was a Fulbright scholar at the Harvard Business School and Gwilym Gibbon Research Fellow at Nuffield College, Oxford. He has represented Birmingham Hodge Hill, the most income-deprived community in Britain, for the last 19 years and is the author of a major history of British capitalism Dragons: Ten Entrepreneurs Who Built Britain.
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