Capitalism and Inequality: The Role of State and Market

Author:   G.P. Manish ,  Stephen C. Miller
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367467463


Pages:   234
Publication Date:   30 December 2020
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Our Price $242.00 Quantity:  
Add to Cart

Share |

Capitalism and Inequality: The Role of State and Market


Add your own review!

Overview

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 analyzes 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.

Full Product Details

Author:   G.P. Manish ,  Stephen C. Miller
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.453kg
ISBN:  

9780367467463


ISBN 10:   0367467461
Pages:   234
Publication Date:   30 December 2020
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction (1) Capitalism, Cronyism and Inequality (2) Globalization and Inequality: Does Anyone Lose from Free Trade? (3) The Institutional Justice of the Market Process: Entrepreneurship, Increasing Returns, and Income Distribution (4) Growth, Inequality and Unfairness: Comparing the Progressive and Classical Liberal Perspectives (5) Government Labor Policies and the Law of Unintended Consequences (6) Government and the Economic History of American Income Inequality (7) Inequality, Monetary Policy and the Gold Standard (8) Market Liberalization and the Poor in India: Measuring Economic Inequality through Consumption (9) The Economic History of Taxation and Inequality in the United States (10) The Measurement of Income Distribution and the Measurement of Inequality: A Critical Analysis

Reviews

Author Information

G.P. Manish is Associate Professor of Economics at Troy University, USA, and BB&T Professor of Economic Freedom at the Manuel H. Johnson Center for Political Economy, Troy University, USA. Stephen C. Miller is Associate Professor of Economics at Troy University, USA, and Adams-Bibby Chair of Free Enterprise at the Manuel H. Johnson Center for Political Economy, Troy University, USA.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List