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This title in other editions

The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It

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The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It Cover

 

Synopses & Reviews

Publisher Comments:

 

For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nations income—more than double their share in 1973. We have less equality of income than Venezuela, Kenya, or Yemen.

What economics Nobelist Paul Krugman terms "the Great Divergence" has until now been treated as little more than a talking point, a club to be wielded in ideological battles. But it may be the most important change in this country during our lifetimes—a sharp, fundamental shift in the character of American society, and not at all for the better.

The income gap has been blamed on everything from computers to immigration, but its causes and consequences call for a patient, non-partisan exploration. In The Great Divergence, Timothy Noah delivers this urgently needed inquiry, ignoring political rhetoric and drawing on the best work of contemporary researchers to peer beyond conventional wisdom. Noah explains not only how "the Great Divergence" has come about, but why it threatens American democracy—and most important, how we can begin to reverse it.

The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about what kind of society we aspire to be in the 21st century: a land of equality, or a city on a hill—with a slum at the bottom.

Review:

"In this comprehensive, fair-minded, and lucid account, based on his award-winning articles for Slate, New Republic columnist Noah examines growing income inequality in the U.S., where for 33 years, the wealthy have acquired a growing share of the nation's income while the middle class saw its share shrink. Noah synthesizes work by economists, sociologists, and political scientists to explain the phenomenon to nonexperts. He shows how income inequality first came to be measured in the early 20th century, and relates the perspectives of scholars and politicians at a time when the share of the nation's income going to the wealthy either shrank or remained stable during the 1930s through the late 1970s, before powerfully reversing course in the 1980s. Noah studies the contributing factors (immigration, the shortage of better-educated workers, trade with low-wage nations, globalization, the fall of the labor movement, and government policy), and considers the vast changes in the corporate and financial industry that led to a 'grossly misshapen' wage structure, where a CEO now makes 262 times more than the average worker. While this affects many industrialized democracies, income inequality is far greater in the U.S., resulting in a less upwardly mobile society. Noah makes a convincing and passionate case for why rising inequality harms a working democracy, and suggests sensible, though not always politically viable, solutions. Agent: Andrew Wylie, the Wylie Agency." Publishers Weekly (Starred Review) Copyright PWxyz, LLC. All rights reserved.

Synopsis:

 

For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nations income—more than double their share in 1973. We have less equality of income than Venezuela, Kenya, or Yemen.

What economics Nobelist Paul Krugman terms "the Great Divergence" has until now been treated as little more than a talking point, a club to be wielded in ideological battles. But it may be the most important change in this country during our lifetimes—a sharp, fundamental shift in the character of American society, and not at all for the better.

The income gap has been blamed on everything from computers to immigration, but its causes and consequences call for a patient, non-partisan exploration. In The Great Divergence, Timothy Noah delivers this urgently needed inquiry, ignoring political rhetoric and drawing on the best work of contemporary researchers to peer beyond conventional wisdom. Noah explains not only how "the Great Divergence" has come about, but why it threatens American democracy—and most important, how we can begin to reverse it.

The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about what kind of society we aspire to be in the 21st century: a land of equality, or a city on a hill—with a slum at the bottom.

About the Author

Timothy Noah was recently named "TRB," the lead columnist at The New Republic. He wrote for Slate for a dozen years, and previously served at the Wall Street Journal, the New Republic, and the Washington Monthly. He edited two collections of the writings of his late wife, Marjorie Williams, including the New York Times bestseller The Woman at the Washington Zoo. Noah received the 2011 Hillman Prize, the highest award for public service magazine journalism, for the series in Slate that forms the basis of The Great Divergence.

Product Details

ISBN:
9781608196333
Author:
Noah, Timothy
Publisher:
Bloomsbury Publishing PLC
Author:
Ingle, Stephen
Subject:
Economic Conditions
Subject:
Politics - General
Copyright:
Publication Date:
20120431
Binding:
HARDCOVER
Language:
English
Pages:
272
Dimensions:
9.46 x 6.44 x 1 in

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The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It Used Hardcover
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Product details 272 pages Bloomsbury Publishing PLC - English 9781608196333 Reviews:
"Publishers Weekly Review" by , "In this comprehensive, fair-minded, and lucid account, based on his award-winning articles for Slate, New Republic columnist Noah examines growing income inequality in the U.S., where for 33 years, the wealthy have acquired a growing share of the nation's income while the middle class saw its share shrink. Noah synthesizes work by economists, sociologists, and political scientists to explain the phenomenon to nonexperts. He shows how income inequality first came to be measured in the early 20th century, and relates the perspectives of scholars and politicians at a time when the share of the nation's income going to the wealthy either shrank or remained stable during the 1930s through the late 1970s, before powerfully reversing course in the 1980s. Noah studies the contributing factors (immigration, the shortage of better-educated workers, trade with low-wage nations, globalization, the fall of the labor movement, and government policy), and considers the vast changes in the corporate and financial industry that led to a 'grossly misshapen' wage structure, where a CEO now makes 262 times more than the average worker. While this affects many industrialized democracies, income inequality is far greater in the U.S., resulting in a less upwardly mobile society. Noah makes a convincing and passionate case for why rising inequality harms a working democracy, and suggests sensible, though not always politically viable, solutions. Agent: Andrew Wylie, the Wylie Agency." Publishers Weekly (Starred Review) Copyright PWxyz, LLC. All rights reserved.
"Synopsis" by ,

 

For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nations income—more than double their share in 1973. We have less equality of income than Venezuela, Kenya, or Yemen.

What economics Nobelist Paul Krugman terms "the Great Divergence" has until now been treated as little more than a talking point, a club to be wielded in ideological battles. But it may be the most important change in this country during our lifetimes—a sharp, fundamental shift in the character of American society, and not at all for the better.

The income gap has been blamed on everything from computers to immigration, but its causes and consequences call for a patient, non-partisan exploration. In The Great Divergence, Timothy Noah delivers this urgently needed inquiry, ignoring political rhetoric and drawing on the best work of contemporary researchers to peer beyond conventional wisdom. Noah explains not only how "the Great Divergence" has come about, but why it threatens American democracy—and most important, how we can begin to reverse it.

The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about what kind of society we aspire to be in the 21st century: a land of equality, or a city on a hill—with a slum at the bottom.

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