Understanding Inequality Poverty And Wealth
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Author | : Carlo Morelli |
Publisher | : Taylor & Francis |
Total Pages | : 139 |
Release | : 2022-03-14 |
Genre | : Political Science |
ISBN | : 1351717898 |
This poignant book examines poverty, wealth and inequality in the UK, and provides insight into its history, its present-day forms and possible routes to its eradication. The book demonstrates how poverty, wealth and inequality are constructed in the UK, noting that it is not an innate part of the human experience, but a phenomenon which is constructed by economic and social circumstances. Using work ranging from Malthus’ interrogation of the ‘natural right of the poor to full support in [...] society’ to more contemporary approaches, including Thomas Picketty's Capitalism in the Twenty First Century, the authors examine various forms of poverty, wealth and inequality in the UK, using the UK Household Longitudinal Study, Understanding Society, dataset to ground their findings in quantitative evidence. The book concludes with an assessment of what is required to potentially end poverty in the UK, and a call to apply evidence-based research to the reshaping of social policy in the UK. This book is an excellent resource for students, policy makers and lecturers seeking a greater understanding of poverty, wealth and inequality in the UK. It will be of particular interest to those working in or studying the fields of human geography, economics and social policy.
Author | : Thomas Sowell |
Publisher | : Basic Books |
Total Pages | : 258 |
Release | : 2016-09-06 |
Genre | : Business & Economics |
ISBN | : 0465096778 |
In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.
Author | : Brian Keeley |
Publisher | : Org. for Economic Cooperation & Development |
Total Pages | : 120 |
Release | : 2015-12-21 |
Genre | : |
ISBN | : 9789264246003 |
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
Author | : Danny Dorling |
Publisher | : National Geographic Books |
Total Pages | : 0 |
Release | : 2015-09-08 |
Genre | : Political Science |
ISBN | : 1784782076 |
Since the great recession hit in 2008, the 1% has only grown richer while the rest find life increasingly tough. The gap between the haves and the have-nots has turned into a chasm. While the rich have found new ways of protecting their wealth, everyone else has suffered the penalties of austerity. But inequality is more than just economics. Being born outside the 1% has a dramatic impact on a person's potential: reducing life expectancy, limiting education and work prospects, and even affecting mental health. What is to be done? In Inequality and the 1% leading social thinker Danny Dorling lays bare the extent and true cost of the division in our society and asks what have the superrich ever done for us. He shows that inquality is the greatest threat we face and why we must urgently redress the balance.
Author | : David B. Grusky |
Publisher | : Stanford University Press |
Total Pages | : 204 |
Release | : 2006 |
Genre | : Social Science |
ISBN | : 9780804748438 |
This is a collection of essays from leading public intellectuals that identifies major conceptual problems in the analysis of poverty and inequality and advances strategies for reducing poverty and inequality that are consistent with these new conceptual and methodological approaches.
Author | : Ridge, Tess |
Publisher | : Policy Press |
Total Pages | : 360 |
Release | : 2008-06-30 |
Genre | : Business & Economics |
ISBN | : 1861349157 |
At a time when the divide between the wealthy and the disadvantaged is widening, this major textbook provides students with a critical understanding of poverty and social exclusion in relation to wealth, rather than as separate from it. Raising fundamental questions about the organisation of society, social structures and relationships and social justice, the book is split into four main sections exploring key concepts and issues; 'people and place' (poverty and wealth across different groups and situations); the role of the state; and prospects for the future. This is the only textbook to focus on the links between wealth and poverty and contains an edited collection of chapters specially written by a distinguished panel of contributors including Pete Alcock, Daniel Dorling, Mary Shaw, Gill Scott and Jay Ginn. It is designed with the needs of students in mind and includes useful chapter summaries, illustrative boxes and diagrams, and pointers to relevant websites and other sources of further information. This is an essential textbook for level 1/2 undergraduate students studying social policy either as a main subject or as part of their course. It is a core text for level 3/4 specialist modules in this field.
Author | : Jason Hickel |
Publisher | : W. W. Norton & Company |
Total Pages | : 180 |
Release | : 2018-02-13 |
Genre | : Business & Economics |
ISBN | : 0393651371 |
Global inequality doesn’t just exist; it has been created. More than four billion people—some 60 percent of humanity—live in debilitating poverty, on less than $5 per day. The standard narrative tells us this crisis is a natural phenomenon, having to do with things like climate and geography and culture. It tells us that all we have to do is give a bit of aid here and there to help poor countries up the development ladder. It insists that if poor countries would only adopt the right institutions and economic policies, they could overcome their disadvantages and join the ranks of the rich world. Anthropologist Jason Hickel argues that this story ignores the broader political forces at play. Global poverty—and the growing inequality between the rich countries of Europe and North America and the poor ones of Africa, Asia, and South America—has come about because the global economy has been designed over the course of five hundred years of conquest, colonialism, regime change, and globalization to favor the interests of the richest and most powerful nations. Global inequality is not natural or inevitable, and it is certainly not accidental. To close the divide, Hickel proposes dramatic action rooted in real justice: abolishing debt burdens in the global South, democratizing the institutions of global governance, and rolling out an international minimum wage, among many other vital steps. Only then will we have a chance at a world where all begin on more equal footing.
Author | : Íñigo Moré |
Publisher | : University of Arizona Press |
Total Pages | : 189 |
Release | : 2011-05-15 |
Genre | : Social Science |
ISBN | : 0816508399 |
Recently U.S. media, policymakers, and commentators of all stripes have been preoccupied with the nation’s border with Mexico. Airwaves, websites, and blogs are filled with concerns over border issues: illegal immigrants, drug wars, narcotics trafficking, and “securing the border.” While this is a valid conversation, it’s rarely contrasted with the other U.S. border, with Canada—still the longest unguarded border on Earth. In this fascinating book, originally published in Spain to much acclaim, researcher Íñigo Moré looks at the bigger picture. With a professionally trained eye, he examines the world’s “top twenty most unequal borders.” What he finds is that many of these border situations share similar characteristics. There is always illegal immigration from the poor country to the wealthy one. There is always trafficking in illegal substances. And the unequal neighbors usually regard each other with suspicion or even open hostility. After surveying the “top twenty,” Moré explores in depth the cases of three borders: between Germany and Poland, Spain and Morocco, and the United States and Mexico. The core problem, he concludes, is not drugs or immigration or self-protection. Rather, the problem is inequality itself. Unequal borders result, he writes, from a skewed interaction among markets, people, and states. Using these findings, Moré builds a useful new framework for analyzing border dynamics from a quantitative view based on economic inequality. The Borders of Inequality illustrates how longstanding “multidirectional misunderstandings” can exacerbate cross-border problems—and consequent public opinion. Perpetuating these misunderstandings can inflame and complicate the situation, but purposeful efforts to reduce inequality can produce promising results.
Author | : Mark Robert Rank |
Publisher | : Oxford University Press |
Total Pages | : 257 |
Release | : 2021-03-01 |
Genre | : Social Science |
ISBN | : 0190881402 |
What if the idealized image of American societya land of opportunity that will reward hard work with economic successis completely wrong? Few topics have as many myths, stereotypes, and misperceptions surrounding them as that of poverty in America. The poor have been badly misunderstood since the beginnings of the country, with the rhetoric only ratcheting up in recent times. Our current era of fake news, alternative facts, and media partisanship has led to a breeding ground for all types of myths and misinformation to gain traction and legitimacy. Poorly Understood is the first book to systematically address and confront many of the most widespread myths pertaining to poverty. Mark Robert Rank, Lawrence M. Eppard, and Heather E. Bullock powerfully demonstrate that the realities of poverty are much different than the myths; indeed in many ways they are more disturbing. The idealized image of American society is one of abundant opportunities, with hard work being rewarded by economic prosperity. But what if this picture is wrong? What if poverty is an experience that touches the majority of Americans? What if hard work does not necessarily lead to economic well-being? What if the reasons for poverty are largely beyond the control of individuals? And if all of the evidence necessary to disprove these myths has been readily available for years, why do they remain so stubbornly pervasive? These are much more disturbing realities to consider because they call into question the very core of America's identity. Armed with the latest research, Poorly Understood not only challenges the myths of poverty and inequality, but it explains why these myths continue to exist, providing an innovative blueprint for how the nation can move forward to effectively alleviate American poverty.
Author | : Ms.Era Dabla-Norris |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2015-06-15 |
Genre | : Business & Economics |
ISBN | : 1513547437 |
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.