The Inequality Paradox: How Capitalism Can Work for Everyone

  • 11h 2m 19s
  • Douglas McWilliams
  • Brilliance Publishing
  • 2019

The groundbreaking and timely challenge to dominant theories on global inequality by leading economist Douglas McWilliams

In his illuminating book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization that have led to the paradox of rising inequality even as worldwide poverty drops.

But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st century? Drawing on the latest research, McWilliams investigates how wealth is concentrated and why it persistently remains in the hands of very few. In accessible and thought-provoking prose, McWilliams poses a comprehensive theory on why capitalism has not met its match in the form of increasingly disparate income distribution, but warns of the coming wave of technological development - the fourth industrial revolution - that threatens to create a scarcity of unskilled jobs that will lead to even greater inequality and explains what governments can do to prepare for this.

From the inquisitive layperson to the professional economist or policymaker, The Inequality Paradox is essential listening for understanding the global economy in its present state. McWilliams is a fresh, authoritative voice entering the global discussion, making this book indispensable in preparing for the imminent economic challenges of our changing world.

In this Audiobook

  • Chapter 1 - Introduction
  • Chapter 2 - How Piketty Created an Industry
  • Chapter 3 - Three Different Types and Four Different Causes of Inequality
  • Chapter 4 - Why Inequality Really Matters
  • Chapter 5 - Has the World Become More Unequal
  • Chapter 6 - The Paradox of Rising Inequality and Falling Poverty
  • Chapter 7 - Inequality and Growth
  • Chapter 8 - Who are the Super Rich
  • Chapter 9 - The Undeserving Rich
  • Chapter 10 - Clogs to Clogs in Five Generations Not Three
  • Chapter 11 - Elephants, Camels and Spitting Cobras: What Happens Next
  • Chapter 12 - Education, Education, Education and Education
  • Chapter 13 - Saving Capitalism from Itself
  • Chapter 14 - Attacking the Law of Unintended Consequences
  • Chapter 15 - Making Poorer People Richer by Cutting the Cost of Living
  • Chapter 16 - Can a Universal Basic Income Really Work
  • Chapter 17 - Using Taxation for Redistribution
  • Chapter 18 - Neither Trump Nor Corbyn: Rejecting False Solutions
  • Chapter 19 - Conclusion