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The Price of Inequality

How Today's Divided Society Endangers Our Future

Joseph E. Stiglitz (Author, Columbia University)

 

A forceful argument against America's vicious circle of growing inequality by the Nobel Prize–winning economist.

The top 1 percent of Americans control 40 percent of the nation’s wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that “their fate is bound up with how the other 99 percent live.”

Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

Book Details

  • Hardcover
  • June 2012
  • ISBN 978-0-393-08869-4
  • 6.5 × 9.6 in / 448 pages
  • Sales Territory: Worldwide including Canada, Singapore and Malaysia, but excluding the British Commonwealth.

Other Formats

  1. Book CoverThe Price of Inequality: How Today's Divided Society Endangers Our Future

    Paperback

Endorsements & Reviews

“This important work elegantly weaves together a range of perspectives to show how the environment, and in particular traumatic stress, shapes a woman's experience of the childbearing year and that of her developing infant. Weinstein provides abundant evidence to highlight the prenatal period as a critical phase of development, and urges us to cross our artificial disciplinary boundaries to come together in a meaningful way to create nurturing environments for women and children.” — Thomas B. Edsall, New York Times Book Review

“The difference between surviving and thriving begins in the womb. Ann Diamond Weinstein effectively distills essential research, knowledge, and understandings of prenatal origins of postnatal neurobiology, psychology, and relationship dynamics. She compellingly presents the vital importance of gaining expertise to effectively assess high-risk mothers' needs, as well as to compassionately support women and girls and their babies to feel safe, to heal unresolved trauma and loss, and to experience a positive reciprocal mother-baby relationship during pregnancy.” — Dante Chinni, Washington Post

“Compassionate plea for awareness of potential lifelong, epigenetic, transgenerational effects of adverse maternal bio-psychosocial experience on the neonate's developing autonomic nervous system from the moment of conception. This integration of genomics, physiology, neuroscience, psychology, and humanism reminds healthcare providers that every interaction with a pregnant woman could impact the delicate placental lifeline between a mother and the precious being within her womb.” — Publishers Weekly

“In presenting qualitative and quantitative research regarding pre- and perinatal phenomena, Weinstein both proves and explains the value she has found in the focus of her career… This book earns its place on the shelves by expressing and proving the need of attention to pre- and perinatal effect.” — Kirkus Reviews

“An important and smart new book... It’s a searing read.” — Nicholas Kristof, New York Times

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  3. Book CoverFreefall: America, Free Markets, and the Sinking of the World Economy

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