ISBN 9780745329437,Inequality And The Global Economic Crisis

Inequality And The Global Economic Crisis


Douglas Dowd


Pluto Press

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ISBN 9780745329437
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ISBN 9780745329437

Pluto Press

Publication Year 2009

ISBN 9780745329437

ISBN-10 0745329438


Number of Pages 272 Pages
Language (English)

Business & management

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.