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The Inequality Paradox: How Capitalism Can Work for Everyone
Download Ebook The Inequality Paradox: How Capitalism Can Work for Everyone
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Review
“A leading British economist, [McWilliams] bases his theories on a mixture of his own research, the research of other economists, and aggregate data from sources such as the United Nations and regional consortia. . . . Clearly written. He specifically discredits some of the influential theories of Thomas Piketty’s bestselling Capital in the Twenty-First Century. Will reward diligent readers.†- Kirkus Reviews“In The Inequality Paradox, McWilliams argues that inequality is largely driven not by a conspiracy of the rich but by technology and globalization, leading to rising inequality even as worldwide poverty drops.†- Publishers Weekly
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About the Author
Douglas McWilliams is Executive Chairman of the Centre for Economics and Business Research, one of the UK’s leading specialist economics consultancies, and one of the most highly respected sources of business advice and research. His career has focused on making economics relevant to commerce, first as Chief Economic Adviser to the Confederation of British Industry, then as Chief Economist for IBM UK.
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Product details
Hardcover: 320 pages
Publisher: Harry N. Abrams; 1 edition (November 6, 2018)
Language: English
ISBN-10: 146831498X
ISBN-13: 978-1468314984
Product Dimensions:
6.4 x 1.1 x 9.4 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review:
4.0 out of 5 stars
1 customer review
Amazon Best Sellers Rank:
#153,339 in Books (See Top 100 in Books)
I am disappointed there have been no reviews yet of this ikmportant book since I feel the author uniquely frames the discussion in a critically important way. The hope is that we will avoid simplistic and "bad science" analysis of the VERY complicated economies of every scale.This is a precarious time in human history, indeed, arguably the most important time any humans have lived in, a time in which we MUST get it right ... that is understand the real reasons for inequality and poverty and get the solutions as right as possible. It is a unique time in human history because of the unprecedented stresses due to the scale and radically changing demographics of global population and the accelerating, dare I say frightening, threats to hard-won improvements in many indices of human activity (e.g., improvement Hans Rosling spent years to bring to our attention). Our policy and decision "plates" are full to overflowing with critically important decisions that will decide the fate, over the next decades and beyond, of humans, our environment, and the health and destiny of non-human life as a support system and in its own right (e.g., human-caused global extinction event unfolding with unprecedented speed).So I think this book provides essential and well-reasoned analysis and a range of options that is refreshing in it's lack of propagandistic content.I unfortunately cannot apply a 5-star rating because, despite the fundamentally helpful reasoning the book was often hard to decipher and I just had to "take the author's word for it", so to speak. That is, though I appreciated the "conclusions" section at the end of each chapter, I felt the conclusions were not as well supported as they could have been. Of course, a LOT of that is due to the fact that it is so hard to find and understand reliable and comparable data for the many factors analyzed. But I felt the analysis was at times rather thin or at least hard to clearly follow.Another criticism is the lack of or very limited concern with the natural world in which humans are embedded (e.g., global warming). If we get, for prime example, climate change prevention and adaptation wrong, that certainly could doom ALL attempts at creating a decent life for the unprecedented billions of us no matter what other policies we institute.Basically, I am praising the author's example of how to approach the subject. A good and crucial example.
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