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Carregando... The Inequality Trap: Fighting Capitalism Instead of Poverty (UTP Insights)de William Watson
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"US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."-- Não foram encontradas descrições de bibliotecas. |
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There are things he said, though, that offended my sensibilities, including stigmatizing divorce if children are involved, teaching the poor to dress and talk like the rich, and his ideas of the state educating very young children whose parents aren't "fit" brings memories of my time dealing with the results of Indian Residential Schools.
And there were times when I simply didn't understand his logic. He says that, when everyone stands on tiptoe, no one sees any better. Except our author, apparently because he is six-foot-six and his height is mainly in his legs. What? Wouldn't the length of his toes be more relevant?
The book was written in 2015 and is already dated as new policy tools have been implemented since the election of Donald Trump in the U.S. and Justin Trudeau in Canada. But the basic argument of removing the simple negative characteristic of all inequality stands. ( )