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Rewriting the Rules of the American Economy An Agenda for Growth and Shared Prosperity 2015 Edition at Meripustak

Rewriting the Rules of the American Economy An Agenda for Growth and Shared Prosperity 2015 Edition by Joseph E. Stiglitz , WW Norton & Co

Books from same Author: Joseph E. Stiglitz

Books from same Publisher: WW Norton & Co

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  • General Information  
    Author(s)Joseph E. Stiglitz
    PublisherWW Norton & Co
    ISBN9780393353129
    Pages256
    BindingPaperback
    LanguageEnglish
    Publish YearNovember 2015

    Description

    WW Norton & Co Rewriting the Rules of the American Economy An Agenda for Growth and Shared Prosperity 2015 Edition by Joseph E. Stiglitz

    Inequality Is A Choice.The United States Bills Itself As The Land Of Opportunity, A Place Where Anyone Can Achieve Success And A Better Life Through Hard Work And Determination. But The Facts Tell A Different Story-The U.S. Today Lags Behind Most Other Developed Nations In Measures Of Inequality And Economic Mobility. For Decades, Wages Have Stagnated For The Majority Of Workers While Economic Gains Have Disproportionately Gone To The Top One Percent. Education, Housing And Health Care-Essential Ingredients For Individual Success-Are Growing Ever More Expensive. Deeply Rooted Structural Discrimination Continues To Hold Down Women And People Of Colour, And More Than One-Fifth Of All American Children Now Live In Poverty. These Trends Are On Track To Become Even Worse In The Future.Some Economists Claim That Today'S Bleak Conditions Are Inevitable Consequences Of Market Outcomes, Globalisation And Technological Progress. If We Want Greater Equality, They Argue, We Have To Sacrifice Growth. This Is Simply Not True. American Inequality Is The Result Of Misguided Structural Rules That Actually Constrict Economic Growth. We Have Stripped Away Worker Protections And Family Support Systems, Created A Tax System That Rewards Short-Term Gains Over Long-Term Investment, Offered A De Facto Public Safety Net To Too-Big-To-Fail Financial Institutions, And Chosen Monetary And Fiscal Policies That Promote Wealth Over Full Employment.



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