1.

Record Nr.

UNINA9910460323403321

Autore

Dowd Douglas Fitzgerald <1919->

Titolo

Inequality and the global economic crisis [[electronic resource] /] / Douglas Dowd

Pubbl/distr/stampa

London ; ; New York, : Pluto Press

New York, : Distributed in the United States of America exclusively by Palgrave Macmillan, 2009

ISBN

1-78371-651-7

1-84964-437-3

Descrizione fisica

1 online resource (312 p.)

Disciplina

339.2

Soggetti

Financial crises

Income distribution

Equality - Economic aspects

Globalization - Economic aspects

Capitalism

Poverty

Big business

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. 271-282) and index.

Sommario/riassunto

Inequality has always been with us. With the growth of capitalism across the globe, inequalities of income, wealth and power became increasingly extreme. Written by economist Douglas Dowd, this book shows that the present banking crisis is the result of the growth of inequality across the globe. The expansion of the financial sector has brought incredible riches to a select few, at the expense of the majority. Inequality was ignored, or described as a necessary aspect of a booming global economy. With the collapse of the world markets, the fallacy of this position is clear. Inequality and the Global Economic Crisis shows how it is only by addressing inequality that we can secure the health of our economies in the future.--Publisher.