Capitalism and Inequality the role of state and market
"Capitalism and Inequality rejects the popular view that attributes the recent surge in inequality to a failure of market institutions. Bringing together new and original research from established scholars, it analyses the inequality inherent in a free market from an economic and historical per...
| Other Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
Milton Park, Abingdon, Oxon
Routledge, Taylor & Francis
2020
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| Edition: | 1st edition |
| Series: | Routledge Foundations of the Market Economy
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| Subjects: | |
| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
| Summary: | "Capitalism and Inequality rejects the popular view that attributes the recent surge in inequality to a failure of market institutions. Bringing together new and original research from established scholars, it analyses the inequality inherent in a free market from an economic and historical perspective. In the process, the question of whether the recent increase in inequality is the result of crony capitalism and government intervention is explored in depth. The book features sections on theoretical perspectives on inequality, the political economy of inequality, and the measurement of inequality. Chapters explore several key questions such as the difference between the effects of market-driven inequality and the inequality caused by government intervention; how the inequality created by regulation affects those who are less well-off; and whether the economic growth that accompanies market-driven inequality always benefits an elite minority while leaving the vast majority behind. The main policy conclusions that emerge from this analysis depart from those that are currently popular. The authors in this book argue that increasing the role of markets and reducing the extent of regulation is the best way to lower inequality while ensuring greater material well- being for all sections of society. This key text makes an invaluable contribution to the literature on inequality and markets, and is essential reading for students, scholars, and policymakers."-- |
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| Item Description: | Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force |
| Physical Description: | viii, 233 pages illustrations |
| ISBN: | 1000283887 9781000283907 9781000283921 9781000283884 1000283909 1003030807 9781003030805 |