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Inequality in Capitalist Societies

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Release : 2017-07-14
Genre : Business & Economics
Kind : eBook
Book Rating : 925/5 ( reviews)

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Book Synopsis Inequality in Capitalist Societies by : Surinder S. Jodhka

Download or read book Inequality in Capitalist Societies written by Surinder S. Jodhka. This book was released on 2017-07-14. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is one of the most discussed topics of our times. Yet, we still do not know how to tackle the issue effectively. The book argues that this is due to the lack of understanding the structures responsible for the persistence of social inequality. It enquires into the mechanisms that produce and reproduce invisible dividing lines in society. Based on original case studies of Brazil, Germany, India and Laos comprising thousands of interviews, the authors argue that invisible classes emerge in capitalist societies, both reproducing and transforming precapitalist hierarchies. At the same time, locally particular forms of inequality persist. Social inequality in the contemporary world has to be understood as a specific combination of precapitalist inequalities, capitalist transformation and a particular class structure, which seems to emerge in all capitalist societies. The book links the configurations to an interpretation of global domination as well as to symbolic classification.

Inequality in Capitalist Societies

Download Inequality in Capitalist Societies PDF Online Free

Author :
Release : 2017-07-14
Genre : Business & Economics
Kind : eBook
Book Rating : 992/5 ( reviews)

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Book Synopsis Inequality in Capitalist Societies by : Surinder S. Jodhka

Download or read book Inequality in Capitalist Societies written by Surinder S. Jodhka. This book was released on 2017-07-14. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is one of the most discussed topics of our times. Yet, we still do not know how to tackle the issue effectively. The book argues that this is due to the lack of understanding the structures responsible for the persistence of social inequality. It enquires into the mechanisms that produce and reproduce invisible dividing lines in society. Based on original case studies of Brazil, Germany, India and Laos comprising thousands of interviews, the authors argue that invisible classes emerge in capitalist societies, both reproducing and transforming precapitalist hierarchies. At the same time, locally particular forms of inequality persist. Social inequality in the contemporary world has to be understood as a specific combination of precapitalist inequalities, capitalist transformation and a particular class structure, which seems to emerge in all capitalist societies. The book links the configurations to an interpretation of global domination as well as to symbolic classification.

How Much Inequality Is Fair?

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Release : 2017-08-08
Genre : Business & Economics
Kind : eBook
Book Rating : 220/5 ( reviews)

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Book Synopsis How Much Inequality Is Fair? by : Venkat Venkatasubramanian

Download or read book How Much Inequality Is Fair? written by Venkat Venkatasubramanian. This book was released on 2017-08-08. Available in PDF, EPUB and Kindle. Book excerpt: Many in the United States feel that the nation’s current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is—and for this, we need a quantitative, testable theory of fairness for free-market capitalism. How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. The key to this framework is the insight that maximizing fairness means maximizing entropy, which makes it possible to determine the fairest possible level of pay inequality. The framework therefore provides a moral justification for capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory’s predictions to actual inequality data from various countries—showing, for instance, that Scandinavia has near-ideal fairness, while the United States is markedly unfair—and discusses the theory’s implications for tax policy, social programs, and executive compensation.

Income Inequality in Capitalist Democracies

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Author :
Release : 2010-11
Genre : Political Science
Kind : eBook
Book Rating : 461/5 ( reviews)

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Book Synopsis Income Inequality in Capitalist Democracies by : Vicki L. Birchfield

Download or read book Income Inequality in Capitalist Democracies written by Vicki L. Birchfield. This book was released on 2010-11. Available in PDF, EPUB and Kindle. Book excerpt: "Examines patterns of income inequality among 16 advanced democracies from the mid 1970s to the early 2000s and explains why some societies have a large and growing divide between the rich and the poor while others, facing similar global economic pressures, maintain more egalitarian income distributions"--Provided by publisher.

Inequality, Boom, and Bust

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Release : 2018-02-19
Genre : Business & Economics
Kind : eBook
Book Rating : 882/5 ( reviews)

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Book Synopsis Inequality, Boom, and Bust by : Howard J. Sherman

Download or read book Inequality, Boom, and Bust written by Howard J. Sherman. This book was released on 2018-02-19. Available in PDF, EPUB and Kindle. Book excerpt: There is enormous inequality between the income and wealth of the richest 1 percent and all other Americans. While the top 1 percent own 42 percent of all wealth in America, the lower half on the income ladder has only 2 percent of all of the wealth. This book develops a viewpoint contrary to the prevailing conservative paradigm, setting out both reasons for this inequality and the impact of this. To explain inequality, conservative economists focus on individual characteristics such as intelligence and hard work. This book puts forward new evidence to show that changes in economic inequality are primarily due to characteristics inherent in the standard operation of capitalist institutions. Furthermore, the authors seek to explain the cycle of boom and bust by considering political and social factors often overlooked by conservative economists. This book also explores how wealth influences political policies in a way that increases economic inequality even more than its present level. Through analysis of American political and economic institutions, Inequality, Boom, and Bust presents concrete steps for an activist, progressive policy to greatly reduce inequality through free healthcare, free higher education, and reduced unemployment.

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