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Analysis of Joseph E. Stiglitz’s The Price of Inequality
- Narrated by: Conner Goff
- Length: 33 mins
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Analysis of Joseph E. Stiglitz’s The Price of Inequality
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Publisher's Summary
The Price of Inequality: How Today’s Divided Society Endangers Our Future (2012) by Joseph E. Stiglitz examines the causes and damaging effects of growing inequality in the United States. Income and wealth inequality has been on the rise in the United States since the early 1980s and was severely worsened by the global financial crisis of 2007-2008 and the ensuing Great Recession.
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What listeners say about Analysis of Joseph E. Stiglitz’s The Price of Inequality
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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Overall1 out of 5 stars
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Performance3 out of 5 stars
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Story1 out of 5 stars
- Kman
- 21-01-2020
ideological garbage
Couldn't finish it, filled with unbacked opinions rather than analysis. don't buy, there are better books out there
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Overall3 out of 5 stars
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Performance3 out of 5 stars
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Story3 out of 5 stars
- Mars
- 16-03-2023
analysis? don't think so
Firstly, I'm a little confused. Stiglitz published his book in 2012, yet this is replete with references to much later events & circumstances.
That aside, this may well be an adequate synopsis of Stiglitz's book (I don't know, as I haven't read the original), but to call it an "analysis" is a real stretch.
There is a tension and perhaps there always will be, in Capitalist society, between enabling the incentives for wealth creation (especially Creative Destruction) and curtailing the power & corrupting influence of excessive wealth. l completely agree that the pendulum has swung too far in favour of capital, especially in the US.
That said, I suggest that the topic has far more nuance & is more multi-faceted than what is presented here. Here a one sided picture is painted, and presented with the weight of supporting facts. The problem is that societal & economic issues are so complex that facts can be selected to suit anyone's preferred message.
I suggest then, that in societal affairs, any discussion by an expert, that seems one sided, should be treated with caution. Sociology is an emotive field that tempts experts to jump from being dispassionate observers, to being passionate activists. Activists deserve our attention, but we need to be mindful that activism & objectivity rarely coexist.
A little less time, in the trailing chapters of this "analysis" discussing Stiglitz's credentials, and a little more time offering expert critiques of his narrative, would have aided the credibility of this audio.
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