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The Price of Inequality: How Today's Divided Society Endangers Our Future | [Joseph E. Stiglitz]

The Price of Inequality: How Today's Divided Society Endangers Our Future

The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live." Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable. He examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.
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Publisher's Summary

The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live."

Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

©2012 Joseph E. Stiglitz (P)2012 Tantor

What Members Say

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  •  
    Peter Lake Bluff, IL, United States 10-29-12
    Peter Lake Bluff, IL, United States 10-29-12
    ratings
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    1
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    "Paul Ryan Should Read This Book"
    If you could sum up The Price of Inequality in three words, what would they be?

    Sobering
    Fact-filled
    Well-argued


    Who was your favorite character and why?

    Not applicable. This is a non-fiction book by a Nobel prize-winning economist and former chairman of the Council of Economic Advisers in the Clinton administration.


    What do you think the narrator could have done better?

    N.A.


    If you could give The Price of Inequality a new subtitle, what would it be?

    If you are already depressed about the state of the American economy and American society, this book isn't going to make you feel any better.


    0 of 3 people found this review helpful
  •  
    L. A. Loman St. Louis, MO 10-05-12
    L. A. Loman St. Louis, MO 10-05-12

    Tony

    HELPFUL VOTES
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    "Convincing arguments"
    Would you consider the audio edition of The Price of Inequality to be better than the print version?

    I think it is easier to listen but the print or Kindle (which I have) version helps with tables, charts, and statistics provided in the text. In order to recall it later I find that it helps to read as well as hear that type of material. Also, the book contained detailed footnotes and references. By having the print version, I was able to look up reference materials and read it myself.


    What did you like best about this story?

    This is nonfiction but there is nonetheless a story line tracing the development of inequality over the 20th Century. The most important message is that inequality hurts everyone including those at the top and that a certain amount of income and wealth leveling is good for everyone.


    0 of 3 people found this review helpful
  •  
    Peter 06-16-12
    Peter 06-16-12
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    "Great Book!"
    What made the experience of listening to The Price of Inequality the most enjoyable?

    A thorough and thoughtful analysis of the social and economic forces shaping the plight of millions. Engaging, informative and relevant.


    What do you think the narrator could have done better?

    Unfortunately, the narrator reads as if standing in front of economically ignorant highschool freshmen. How about trying to read to adults for a change!


    2 of 13 people found this review helpful
  •  
    Amanda 01-04-13
    Amanda 01-04-13 Member Since 2011
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    "Open Perspective"
    Where does The Price of Inequality rank among all the audiobooks you’ve listened to so far?

    I enjoyed the book though I didn't agree with some of the ideas and conclusions. It's good to hear intelligent arguments even if I don't agree with them.


    Who was your favorite character and why?

    N/A


    Which scene was your favorite?

    N/A


    What’s the most interesting tidbit you’ve picked up from this book?

    A hybrid perspective


    0 of 4 people found this review helpful
  •  
    David H Palo Alto, CA United States 09-24-12
    David H Palo Alto, CA United States 09-24-12 Member Since 2012
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    "May be one of the most important books this decade"

    A very gripping description of what research has to say about where we are going as a nation. I was transfixed throughout the narration as I took in all of the data. I can't recommend this too highly.

    0 of 4 people found this review helpful
  •  
    Ben Boston, MA, United States 09-11-12
    Ben Boston, MA, United States 09-11-12 Member Since 2015
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    "Great Book"

    This is a really thoughtful, well-argued book. You will gain valuable new perspectives on economics and American society from reading it.

    0 of 4 people found this review helpful
  •  
    B|lent OTUZ Istanbul, Turkey 08-27-12
    B|lent OTUZ Istanbul, Turkey 08-27-12 Member Since 2014
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    "extraordinary"
    Where does The Price of Inequality rank among all the audiobooks you’ve listened to so far?

    It is one of the best


    What other book might you compare The Price of Inequality to and why?

    why nations fail


    Have you listened to any of Paul Boehmer’s other performances before? How does this one compare?

    No


    If you were to make a film of this book, what would be the tag line be?

    honest truth about unregulated economy and its dire consequences to society


    Any additional comments?

    pleased to listen to that audiobook on the way to work and back home thank you

    0 of 4 people found this review helpful
  •  
    Me B. Maria Paris 08-26-12
    Me B. Maria Paris 08-26-12 Member Since 2015

    MariB

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    "Very interesting! I found it great!"
    What did you love best about The Price of Inequality?

    It is well structured and very clear. I've learned many things about the economics of our time.


    0 of 4 people found this review helpful
  •  
    Lisa Placerville, CA, United States 08-16-12
    Lisa Placerville, CA, United States 08-16-12 Member Since 2007
    ratings
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    15
    3
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    "Like going to school"
    Would you recommend this audiobook to a friend? If so, why?

    I have already done so, via social media. I think that everyone should read/hear this work. Those who do not know history being doomed to repeat it, as they say.


    What was the most compelling aspect of this narrative?

    We were listening to the book as we drove through a lot of abject poverty situations and huge tracts of GMO corn and soybeans. It was disturbing, to say the least.


    Was there a moment in the book that particularly moved you?

    When I wondered whether we are all doomed.


    0 of 4 people found this review helpful
  •  
    Pauly Morefuss 08-05-12
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    "Impressive"
    If you could sum up The Price of Inequality in three words, what would they be?

    Intelligent. Thorough. Instructive.


    What was one of the most memorable moments of The Price of Inequality?

    Stiglitz makes complex economic issues understandable. He clearly explains the consequences of America's future if we allow current practices in finance and government policies to prevail.


    What about Paul Boehmer’s performance did you like?

    Excellent pronunciation and pacing.


    Any additional comments?

    Also recommend: "The Shock Doctrine" by Naomi Klein, "Griftopia" by Matt Taibbi, and "Aftershock" by Robert Reich.

    0 of 4 people found this review helpful
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