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Item Information   Holdings       More by this author     Sayer, R. Andrew, author.     Subjects     Income distribution     Rich people     Equality     Wealth     Browse Catalog     by author:      Sayer, R. Andrew, author.       by title:      Why we can't afford ...         MARC Display

Why we can't afford the rich / Andrew Sayer. by Sayer, R. Andrew, author. Clifton, Bristol, UK ; Chicago, IL : Policy Press, 2015. Description:  xi, 433 pages : illustrations ; 23 cm Contents:  1. A guide to wealth extraction. Three dangerous words: 'earnings', 'investment' and 'wealth' -- Income; earned and unearned?-- For rent...for what? -- Interest...for what? or We need to talk about usury -- Profit from production; or Capitalists and rentiers: what's the difference? -- Other ways to skin a cat -- Don't the rich create jobs? And other objections -- 2. Putting the rich in context: what determines what people get?. To what do we owe our wealth? Our dependence on the commons -- So what determines pay? -- The myth of the level playing field -- 3. How the rich got richer: their part in the crisis. The roots of the crisis -- Key winners -- Summing up: the crisis and the return of the rentier -- 4. Rule by the rich, for the rich. How the rule of the rich works -- Hiding it -- Legal corruption: above the law or making the law? -- What about philanthropy? -- Class: don't mention the war! --5. Ill-gotten and ill-spent: From Consumption to Ill-Being and CO2. Spending it -- The twist in the tail: global warming trumps everything -- Conclusions.So what now? Summary:  "Exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others, through the control of property and money." --Back Cover. Even as inequalities widen, the effects of austerity deepen, and the consequences of recession linger, in many countries the wealth of the rich has soared. Why We Can't Afford the Rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others through the control of property and money. Leading social scientist Andrew Sayer shows how over the past three decades the rich worldwide have increased their ability to hide their wealth, create indebtedness, and expand their political influence. Aimed at all engaged citizens, this important and accessible book uses simple distinctions to burst the myth of the rich as especially talented wealth creators. But more than this, as the risk of runaway climate change grows, it shows how the rich are threatening the planet by banking on unsustainable growth. Forcefully arguing that the crises of economy and climate can only be resolved by radical change, Sayer makes clear that we must make economies sustainable, fair, and conducive to well being for all. ---Publishers description   Copy/Holding information Location Collection Call No. Copy Status   Peosta Library Circulation Stacks 339.2 Say 2015 Checked In Add Copy to MyList Format: HTMLPlain textDelimited Subject:   Email to:

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