The Great Divide: Unequal Societies and What We Can Do About Them

The Great Divide Unequal Societies and What We Can Do About Them A singular voice of reason in an era defined by bitter politics and economic uncertainty Joseph E Stiglitz has time and again diagnosed America s greatest economic challenges from the Great Recessio

  • Title: The Great Divide: Unequal Societies and What We Can Do About Them
  • Author: Joseph E. Stiglitz
  • ISBN: 9780393352184
  • Page: 328
  • Format: Paperback
  • A singular voice of reason in an era defined by bitter politics and economic uncertainty, Joseph E Stiglitz has time and again diagnosed America s greatest economic challenges, from the Great Recession and its feeble recovery to the yawning gap between the rich and the poor The Great Divide gathers his most provocative reflections to date on the subject of inequality AsA singular voice of reason in an era defined by bitter politics and economic uncertainty, Joseph E Stiglitz has time and again diagnosed America s greatest economic challenges, from the Great Recession and its feeble recovery to the yawning gap between the rich and the poor The Great Divide gathers his most provocative reflections to date on the subject of inequality As Stiglitz ably argues, a healthy economy and a fairer democracy are within our grasp if we can put aside misguided interests and ideologies and abandon failed policies Opening with the essay that gave the Occupy Movement its slogan, We are the 99%, later essays in The Great Divide reveal equality of opportunity as a national myth, show that today s outsized inequality is a matter of choice, and explain reforms that would spur higher growth, opportunity, and greater equality.

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    About “Joseph E. Stiglitz

    • Joseph E. Stiglitz

      Joseph Eugene Stiglitz, ForMemRS, FBA, is an American economist and a professor at Columbia University He is a recipient of the Nobel Memorial Prize in Economic Sciences 2001 and the John Bates Clark Medal 1979 He is also the former Senior Vice President and Chief Economist of the World Bank He is known for his critical view of the management of globalization, free market economists whom he calls free market fundamentalists and some international institutions like the International Monetary Fund and the World Bank.In 2000, Stiglitz founded the Initiative for Policy Dialogue IPD , a think tank on international development based at Columbia University Since 2001, he has been a member of the Columbia faculty, and has held the rank of University Professor since 2003 He also chairs the University of Manchester s Brooks World Poverty Institute and is a member of the Pontifical Academy of Social Sciences Professor Stiglitz is also an honorary professor at Tsinghua University School of Public Policy and Management Stiglitz is one of the most frequently cited economists in the world.

    385 thoughts on “The Great Divide: Unequal Societies and What We Can Do About Them

    • There is little that is technically new in this book. It is a collection of previously published newspaper columns, essays, speeches, and one new interview and a few essays.The main point here can be summarized by one of the essay titles: 'Inequality is not inevitable'. He makes the point that the relative extremes of inequality in the United States were not a natural law of capitalism, but a deliberate result of political forces, particularly the neoliberal policy reforms made from 1980 onward. [...]

    • Imagine an economist who doesn't have his head up his butt. That's Stiglitz. This is a collection, so some of the stuff is from the Bush years. Still much of it is classic.

    • Sorry, I cannot recommend this book. First, if you're looking for scholarship, this is not it. Rather it is nearly totally a collection of newspaper columns and of course we cannot expect good references for those. Some of them are many years old and clearly outdated. There is a little additional information some of which is documented but very little.Another problem I find bothersome is that the book lacks an index. That, for a non-fiction book, is a major offense.The author assumes, with some [...]

    • I broadly agree with Stiglitz: I am not anti-capitalism per se, but markets do need regulation. The trend these days for governments to be slaves to ideology, at the expense of those who aren't in the 1%, is worrying, to put it mildly. So this book didn't need to work hard to convince me. It was a hard read though, not because of the content, which is fine for anyone with a basic grasp of economics or an interest in it, but because there is so much repetition. Yes, it is a collection of essays, [...]

    • Economy might be a boring subject for the majority of readers, however, a number of economists have been trying to popularise important debates on economic issues. Such arguments have caught the imaginations of several citizens concerned with their economic prospects. Joseph E. Stiglitz, Nobel Laureate and former chief economist of the World Bank, has raised serious concerns about the distribution of wealth — in the USA in particular and across the world in general — in his latest book, quit [...]

    • Stiglitz is an important voice in economics, and he is working hard to help non-economists understand that capitalism comes in many different varieties depending on the policy decisions made by the people in power where it is practiced. This collection of material, much of it previously published in a variety of columns and articles in business and policy journals, centers on the way capitalism, as currently practiced in the United States, has moved our economy toward a two tier reality without [...]

    • If you've read one - you've read them all. Stiglitz's: the Price of Inequality did a better job detailing his arguments clearly and succinctly. His solutions were also very reasonable and straightforward. Here, there are more or less very similar arguments and the same repetitive rhetoric thrown in with powerful buzz-words for effect.

    • The book is a collection of Stiglitz's writings in popular media. My low ratings owe mainly to the repetitiveness of the main themes and arguments in various chapters; It gets very boring to read. Sectional introductions are written pretty well and reading just them is sufficient in my opinion; the chapters don't add much value after the sectional introductions

    • Nice collection for Stiglitz fansThe growing disparity in income and wealth between the richest Americans and “the rest of us” is very much in the news these days, but Nobel-Prize-winning economist Joseph Stigliz has been writing about it for a long time. This book brings together short pieces that appeared in publications such as Vanity Fair and the New York Times warning of the dangers of inequality as long ago as 2007.The book is in nine sections. The first section he calls a Prelude beca [...]

    • This is a collection of essays and articles originally written for Politico, NY Times, Project Syndicate etc. As a book, it gets a bit tiresome to read the same argument over and over (as often the case such collections). Sometimes I wish, for instance in the introductions to each section, to have seen a bit more of the calculations behind the claims. Still, this is a book with a political message, and it deserves to be read. Stiglitz' main claim is that inequality is bad for the over-all econom [...]

    • Because it is a collection of essays, it does get a tad repetitive, especially towards the penultimate chapter. Still, the last chapter on regional perspectives is very interesting- until now I had not heard of the Mauritius economic miracle- and Stiglitz is a star in dumbing down economic theory. A few key insights that stuck with me are first, the idea that the rich become rich more often than not through rent-seeking- i.e. getting a bigger size of the pie instead of enlarging it for everyone- [...]

    • Dr. Stiglitz is a very accomplished economist with a decidedly liberal point of view. His focus on income inequality and the necessity of addressing the issue is very timely. What I don't understand is his insistence on demonizing those who may not agree with him, or believe there are other solutions to the problem. In recent articles I've read, it's clear there are some 1%ers, and even some of those crass and greedy bankers who agree with his conclusions. But Dr. Stiglitz's gratuitous, demeanin [...]

    • Yes, I get it. Abusive credit card practices and shoddy mortgages caused the financial crisis. I really do, no need to repeat it another 27 times. Seriously!Now, let me elaborate. I agree with the author in many, many points but the book feels like an endlessly repeated and pretty much copy-pasted assemblage of buzzwords that even with the introductory comments in each chapter are still an incredibly boring read. I do not question the authors authority as an economist, but the selected articles [...]

    • Been lazy again and haven't put my read books up here. XD I'm so going to win my challenge but lose because I'm freakin' lazy.This was interesting. I enjoyed the previous book of his that I'd read. This one is a collection of his articles that have been published in the major magazines and sites. Since I don't follow this articles, they were all new to me but this might not be the case for everyone so you've been warned.

    • Since this book is a collection of articels it's a bit repetitive. And those that has read some other of Stiglitz books wont find much new stuff. Despite this it's a good read.

    • A collection of articles on inequality, the distribution of wealth and how that is affecting our societies. Read and learn.

    • Smart work of center-left economics for a general audience, although some familiarity with political and historical issues of taxation and economics would be useful. Joseph Stiglitz argues for robust federal involvement in the economy, but also some measures that would reduce the damage that U.S. corporations do in the world. Some examples: Stiglitz's ideal government would tax the wealthy on a progressive scale, distribute food stamps, fund scientific grants, only use uncompetitive housing subs [...]

    • A great read on the subject of inequality and how politics and policies are behind the stagnation in real wages of the middle class and lower. Eye-opening and informative on the central thesis of the book that inequality is not a natural outcome of capitalisms/skill biased technological change, but is an outcome of our politics/policies. The book is convincing in showing that we can reduce inequality without compromising economic growth. Though two caveats -1. The book is fairly repetitive. The [...]

    • Not so much a book as opposed to a collection of previously published articles. While each article in itself is eminently readable I ultimately missed the more nuanced and supported arguments that one would associate with an actual book. On top of this, the considerable overlap between articles leaves one wading through a lot of similar material in search of new ideas. The collection of articles focus on inequality in modern economies, in particular the US, and argues that this inequality is lar [...]

    • Es una recopilación de publicaciones de E. Stiglitz en distintos medios que se ajustan al tema de la desigualdad. El problema, por la misma naturaleza del libro, es que en ocasiones se repiten (varias veces) las ideas mencionadas. Sin embargo es una lectura crítica que aborda sucesos y acciones específicas en las que, tanto las instituciones como las personas detrás de ellas, caen en su desesperado intento por obtenerlo todo. Rebate la teoría del "goteo" y establece la inminente necesidad d [...]

    • Net helemaal gelezen (vorige keer selectief met het oog op hoofdstuk uit mijn handboek sociologie). Een collectie artikels over 'ongelijke samenlevingen en wat kunnen we eraan doen?' Zou verplichte lectuur moeten zijn in opleiding economie. En voor politici à la Rutten. Prettig leesbaar en naar de grond van de zaak. Mijn troost: zaken die ik al véle jaren geleden schreef, worden bevestigd door een Nobelprijswinnaar.

    • This book is a collection of Stiglitz's essays from the period during and just after the Great Recession. They are very repetitive. The book is 400 + pages and could have been culled to 150. Still, his points are powerful and worthy of reading and consideration.

    • Absolute Gem of a book ! The writings may be repetitive, but thats to be expected given this is an anthology of writings by Stiglitz. As always, clear and erudite exposition of a grave and complex economic issue, done best by Stiglitz

    • The book is a composite of essays and articles written by economist Joseph Stiglitz over the past several years.  As the subtitle implies, the theme of these articles address the increasing inequalities of both U.S. and global economies, and in particularly how the recession beginning in 2007-2008 exacerbated those inequalities.  The collection of essays is both a strength and weakness of the book.  It makes it easy to read due to easily being able to pick up and read short chunks via the art [...]

    • The topic is probably one of the most important of our times and I was really happy I read it. However as a book, be warned: it is a collection of articles by the author in different outlets and it is quite repetitive. I ended up being able to memorise some statistics and my capacity for memorisation has always been rather weak. Due to its journalistic style, it also gets dated quite fast. "Addresses by President Obama this Tuesday" don't make sense anymore. So overall, very interesting topic, n [...]

    • Voilà un livre écrit par un économiste mondialement reconnu accessible au grand public. Son message est simple : l'inégalité est un fléau qui grandit et nous pouvons faire quelque chose contre. C'est un message redondant non seulement parce qu'il était déjà le leitmotiv d'un livre précédent (Le Prix de l'inégalité) mais aussi parce que La grande fracture: Les sociétés inégalitaires et ce que nous pouvons faire pour les changer rassemble des articles publiés entre 2006 et 2014 q [...]

    • In this book, Stiglitz analyses the growing gap between the "haves" and the "have-nots". The book is a collection of essays and articles published in different popular magazines from the United States.In particular, Stiglitz focuses on the absurdity of the laws that pass through congress, promoted (and written?) by the lobbyists hired by those who will benefit the most from them, and that every time more relegate the rich from their responsibilities with the rest of society. Stiglitz touches a l [...]

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