Wealth Gap Widens explores the escalating income inequality trends in modern economies since 1980, revealing it's not an inevitable outcome but a consequence of specific policy choices. The book argues that decisions favoring capital over labor have significantly widened the wealth gap, challenging the notion that inequality is merely a byproduct of economic growth. Examining globalization, technological advancements, and policy impacts, the book emphasizes how escalating inequality undermines social cohesion and economic stability.
The analysis unfolds across three sections, beginning with foundational concepts like the Gini coefficient. It then investigates key drivers such as globalization and taxation policies, utilizing international databases and econometric techniques to identify causal effects. The book further analyzes the consequences of high inequality on economic growth and social mobility.
Examples include how tax policies can either exacerbate or mitigate wealth concentration. This book offers valuable insights for policymakers, economists, and citizens interested in political economics and economic policy. It relies on empirical evidence and avoids simplistic explanations. By providing a nuanced, evidence-based approach, Wealth Gap Widens informs both academic and policy debates, empowering readers to engage in discussions about economic fairness and demand accountability.
