Inequality and the global economic crisis / Douglas Dowd.

Format:

Book

Author/Creator:

Dowd, Douglas F. (Douglas Fitzgerald), 1919-2017.

Language:

English

Subjects (All):

Financial crises.

Income distribution.

Equality.

Globalization--Economic aspects.

Globalization.

Physical Description:

xiv, 294 pages ; 22 cm

Place of Publication:

London ; New York : Pluto Press, 2009.

Summary:

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. Inequalityand 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.

Contents:

Prologue

Inequality : an introduction

Class inequality and the inequality of political and social power

Inequality based on gender, "race," nationalism, and religion

Big business and inequality

Today's inequality as worsened by consumerism and the media

Globalization : unintended consequences, inc.

Financialization : Las Vegas, inc.

Militarism and inequality

Inequality's consequences for its victims and its victimizers (I) : poverty ; health care

Inequality's consequences for its victims and its victimizers (II) : education ; housing and the homeless ; nutrition and hunger ; opportunity ; dignity, morale, self-respect and family life

Inequality's interacting consequences for the economy, democracy, and social decency

Comparison of inequality and its treatment in the US and Western Europe

Epilogue.

Notes:

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

ISBN:

9780745329444

0745329446

9780745329437

0745329438

OCLC:

317452608