Book Inequality and the global economic crisis / Douglas Dowd.
Publication year: 2009.
Call Number HB3722 .D69 2009
Media class: Book
Publisher: London ;New York : Pluto Press ;New York : Distributed in the United States of America exclusively by Palgrave Macmillan
ISBN: 9780745329437 0745329438 9780745329444 0745329446
Extent: xiv, 294 p. ; 22 cm.
Inequality has been with us for millennia. With the creation, growth and deepening of Capitalism across the globe, inequalities take on new dimensions, unknown in previous eras. As Capitalism has spread across the globe over the last 200 years, so inequalities have deepened and widened, both inside nation states, between nation states. These inequalities are of income, wealth and of power. This book, written by widely respected economic historian Douglas Dowd is notable for his own experience and vivid memory, of 1929-31 recession. Since the 1980s, and the predominance of the present neo-liberal ideology, all of the inequalities that the book presents have grown rapidly. Written as a critique of the counter-productivity of growing economic inequality and vindicated by the present world banking crisis, Dowd presents a strong argument against capitalist expansion, exploitation and oligarchic rule. His conclusions, that the globalization and growth of the financial sector will impact painfully upon hundreds of millions of people. Dowd's book deals with these issues from the unique perspective of inequality. Presenting both a history of the current crisis and an overview of it, Inequality will appeal to both a broad general readership and provide a useful reference point for students of political economy, economic history, contemporary economics and global politics--Publisher's description.
Prologue -- 1. Inequality : an introduction -- 2. Class inequality and the inequality of political and social power -- 3. Inequality based on gender, "race," nationalism, and religion -- 4. Big business and inequality -- 5. Today's inequality as worsened by consumerism and the media -- 6. Globalization : unintended consequences, inc. -- 7. Financialization : Las Vegas, inc. -- 8. Militarism and inequality -- 9. Inequality's consequences for its victims and its victimizers (I) : poverty ; health care -- 10. 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 -- 11. Inequality's interacting consequences for the economy, democracy, and social decency -- 12. Comparisons of inequality and its treatment between the US and Western Europe -- Epilogue.