People, Power, and Profits: Progressive Capitalism for an Age of Discontent

Author:   Joseph E. Stiglitz
Publisher:   Penguin Books Ltd
ISBN:  

9780141990781


Pages:   400
Publication Date:   23 April 2020
Format:   Paperback
Availability:   In stock   Availability explained
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People, Power, and Profits: Progressive Capitalism for an Age of Discontent


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Overview

The Nobel Prize-winning economist and best-selling author challenges us to throw off the free market fundamentalists and reclaim the economy We all have the sense that our economy tilts toward big business, but, as Joseph E. Stiglitz explains in People, Power, and Profits, a few corporations now dominate entire sectors, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data without oversight, and the government has negotiated trade deals that fail to represent the interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. New technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of economic prosperity and democracy. He sets out the economic solutions which will exploit the benefits of markets while taming their excesses, and how a decent middle-class life can once again be attainable for all.

Full Product Details

Author:   Joseph E. Stiglitz
Publisher:   Penguin Books Ltd
Imprint:   Penguin Books Ltd
Dimensions:   Width: 12.90cm , Height: 2.30cm , Length: 19.80cm
Weight:   0.292kg
ISBN:  

9780141990781


ISBN 10:   0141990783
Pages:   400
Publication Date:   23 April 2020
Audience:   General/trade ,  College/higher education ,  Professional and scholarly ,  General ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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Reviews

This eminent economist provides an authoritative defence of government intervention using mainstream economics and a justification for how to build a fairer society without sacrificing growth -- Gavin Jacobson * Financial Times * His conclusions are bleak, his prescriptions radical -- Gerard Baker * The Times * People, Power, and Profits builds on Stiglitz's earlier work and adds some pretty big ambitions -- Daniel W. Drezner * The New York Times * Urgent ... Unless rising inequality caused by mismanaged globalization, financial liberalization, and destabilizing technological change is addressed, Stiglitz argues, nostrum-peddling demagoguery will find a receptive audience * New Yorker *


Urgent ... Unless rising inequality caused by mismanaged globalization, financial liberalization, and destabilizing technological change is addressed, Stiglitz argues, nostrum-peddling demagoguery will find a receptive audience * New Yorker * People, Power, and Profits builds on Stiglitz's earlier work and adds some pretty big ambitions -- Daniel W. Drezner * The New York Times * His conclusions are bleak, his prescriptions radical -- Gerard Baker * The Times * This eminent economist provides an authoritative defence of government intervention using mainstream economics and a justification for how to build a fairer society without sacrificing growth -- Gavin Jacobson * Financial Times *


Author Information

Joseph E. Stiglitz was Chairman of the President's Council of Economic Advisers 1995-7 and Chief Economist at the World Bank 1997-2000. He won the Nobel Prize for Economics in 2001 and is the bestselling author of Globalization and Its Discontents, The Roaring Nineties, Making Globalization Work, Freefall, The Price of Inequality, The Great Divide and The Euro, all published by Penguin.

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