Inequality and the global economic crisis /

Dowd, Douglas Fitzgerald, 1919-

Inequality and the global economic crisis / Douglas Dowd. - xiv, 294 pages ; 22 cm

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

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.

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.--Publisher.

0745329446 9780745329444 0745329438 9780745329437

2010277949


Financial crises
Income distribution.
Equality--Economic aspects
Globalization--Economic aspects.
Capitalism.
Poverty.
Big business.

HB3722 / .D69 2009

339.2

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