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Download Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity Audiobook

Extended Audio Sample Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity, by Joseph E. Stiglitz, Joseph E. Stiglitz Click for printable size audiobook cover
0 out of 50 out of 50 out of 50 out of 50 out of 5 0.00 (0 ratings) (rate this audio book) Author: Joseph E. Stiglitz, Joseph E. Stiglitz Narrator: Fred Sanders Publisher: Penguin Random House Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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Inequality is a choice.

The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the US today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future.

Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment.

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Quotes & Awards

  • “Stiglitz realizes that deepening inequality in our country is not an unlucky act of nature, but a consequence of the policies we have chosen. This lively book suggests a whole menu of policy changes to move us toward a more widely shared prosperity.”

    Robert Solow, winner of the Nobel Prize

  • “The secret truth about economic inequality in America: once you look at the issue this way, it’s hard to think of it any other way.”

    Time

  • “An aggressive blueprint for rewriting thirty-five years of policies [that] have led to a vast concentration of wealth among the richest Americans and an increasingly squeezed middle class.”

    New York Times

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