What failed the 1980s mantra that inequality would lead to robust economies? Why does the modern economy consist of two tracks: a fast one for the super-rich and a stalled one for everyone else? What is the cost of a consumer economy without purchasing power? This ground-breaking book, based on years of research, shows that greater equality will lead us out of permanent recession.
The Cost of Inequality
and over 1.5 million other books are available for Amazon Kindle . Learn more
| ||||||||||||||||||||||||
 Trade In this Item for up to £0.45
Trade in The Cost of Inequality for an Amazon.co.uk gift card of up to £0.45, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Learn more
|
Book Description
Frequently Bought Together
Product details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, and more.
Product Description
Review
'A great book - read it!' Richard Wilkinson, co-author of The Spirit Level --1
'Compelling... urgent.' --Times Higher Education Supplement
'Seminal.' Neal Lawson, --Guardian Comment
'Compelling... urgent.' --Times Higher Education Supplement
'Seminal.' Neal Lawson, --Guardian Comment
About the Author
Stewart Lansley is a research fellow at the University of Bristol. He is the author of Poor Britain (with Joanna Mack), Rich Britain and a biography of Philip Green. He has written on wealth and poverty for academic and specialist journals as well as the Guardian, Independent and Sunday Times, and has held previous academic posts at the Universities of Reading and Brunel. He lives in London.
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
Most Helpful Customer Reviews
22 of 22 people found the following review helpful
Format:Paperback
This is a must read book. Beautifully written, the author has made economics enjoyable and easy to understand. The book demonstrates that excessive profits over wages and vice-versa will result in an imbalance in the fragile working of the western economic model and lead to the dire consequences of the 1930s, the 1970s and more recently since 2007. The book has many examples of how the greedy 1% seek to invest in high risk financial instruments, despite their wealth generating the highly volatile speculation which the City of London facilitates to the detriment of the other 99%. Whether you agree of disagree with the arguments in this book, it is a great read and highly recommended to anybody who is at all interested in the current state of world economics.
6 of 6 people found the following review helpful
Format:Paperback|Amazon Verified Purchase
This book isn't as 'high brow' as I had feared and explains quite clearly how and why the economy is up and down like a yoyo. It also paints a very grim picture of the greed of those at the top - and the outcome of this greed on those at the bottom. That those with so much can still want so much more is very sad, especially when to get it the ordinary working person is sacrificed. I now understand what hostile take-overs are and why jobs are 'shed' in the name of profit. This book won't make me an economist, but I now have a better grasp of what goes on in the world of big business.
15 of 16 people found the following review helpful
By S. Hare
Format:Paperback|Amazon Verified Purchase
Usually progressives don't like free markets because, they say, they are often unfair to the weak and cause high degrees of social inequality. Free-marketeers retort there's no other way to efficiency, so everybody is due to become better off at the end of the story. In this readable book British economist Stewart Lansley explores and summarizes a new set of ideas: too much inequality leads to heavy losses of efficiency, so in the end it is harmful to all. Profits and very high incomes that outstrip productive investment opportunities lead to an overgrowth of finance; and financial instability now risks throttling productive capitalism. Lansley is no enemy of free markets; he only wants to show they work better if carefully regulated towards fairness.
Would you like to see more reviews about this item?
›
Go to Amazon.com to see both reviews
4.5 out of 5 stars
Were these reviews helpful?
Let us know
Most Recent Customer Reviews
5.0 out of 5 stars
Well researched
Depressingly accurate view of the current economic situation. Lots of facts and figures to back up the view that high income inequality is not only morally wrong but also bad for... Read more
Published 2 days ago by Wombat's friend
4.0 out of 5 stars
Deregulation and excesive greed is bad for capitalism
Well argued case for ending the disparaging gap between rich and poor, not on the political grounds of socialistic ideology, but from a capitalistic point of view. Read more
Published 1 month ago by Neil Aldridge
5.0 out of 5 stars
great book
For the reader who wants some perspective on the growth of inequality in the UK---and in particular, how inequality affects Britain's growth prospects---this is an excellent book. Read more
Published 1 month ago by G. W. Irvin
5.0 out of 5 stars
Excellent account
This is a very clear explanation of the reasons for the financial crisis, and it has made a number of factors that played a part and their underlying significance clear to me. Read more
Published 2 months ago by Ellen
4.0 out of 5 stars
Continuing cost of inequality
Chock a block full of statistics backing a logical & informed argument for economic reform of the global monetary system of Capitalism. Read more
Published 2 months ago by Chris R
5.0 out of 5 stars
Enjoyed
Excellent read. Would recommend everyone reads it. Explained so much about the way things are. Very good book on subject.
Published 2 months ago by Bebe
5.0 out of 5 stars
Cost of Inequality
Should be made compulsory reading for all politicians, greedy CEO's and fat cat bankers. A complete condemnation of the economic policy of making the rich super rich at the expense... Read more
Published 2 months ago by Grizzly Adams
5.0 out of 5 stars
Superb use of facts and figures to tell the undeniable
This book is one of the first I've read on economics that seems to make real sense. The author has a clear understanding of the issues facing capitalist societies. Read more
Published 3 months ago by Craig B Orchard
5.0 out of 5 stars
The truth
Brilliant book unfortunately people are too busy playing x box and buying on the cheap from mega corporations that don't pay their tax to be angry and do something about it
Published 3 months ago by jasked
5.0 out of 5 stars
Read this and you will understand contemporary Britain.
This book has put into words exactly what is wrong with our country today. It explains why we are a deeply unjust society and why unless we get a government with the will to roll... Read more
Published 3 months ago by Molly
Listmania!
|
|
Look for similar items by category
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
