The Cost of Inequality: Why Economic Equality is Essential for Recovery
Stewart Lansley
9781908096296 | Jun 2012 | Gibson Square Books | Paperback
| 320pp
| 198x129mm
| Stocked item (plenty) | GEN
|
AUD$19.99,
NZD$26.99
How are we to regain economic growth? In this seminal new book based on 60 years of data, economist Stewart Lansley shows that economic equality is necessary for economic growth. Like a tumour, the economy for the rich has grown at least 10-fold in countries like Britain and the US, sucking in ever-increasing quantities of money away from circulating in the real economy. Thirty years after the creed that inequality is good for us all, The Cost of Inequality shows that the experiment has failed. If we want to avoid a state of permanent recession in the west, we need to dismantle the economy of the rich.