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Extreme Inequalities in Contemporary Capitalism
Maurizio Franzini
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Description for Extreme Inequalities in Contemporary Capitalism
Hardback. Num Pages: 138 pages, 13 black & white illustrations, biography. BIC Classification: HPQ; JFFJ; KCP. Category: (G) General (US: Trade). Dimension: 235 x 155 x 10. Weight in Grams: 380.
This book explores the mechanisms by which top incomes are achieved through work in today’s advanced economies and asks to what extent current extreme inequalities are compatible with widely held values of social justice. Reflecting on the heterogeneity of the working rich, the authors argue that very high earnings often result not from heightened competition induced by globalization but rather from a lack of competition, or at best deficient competition. It is proposed that such incomes cannot be justified in terms of efficiency or merit and do not generate positive trickle-down effects with benefits for all of society; rather, extreme ... Read more
This book explores the mechanisms by which top incomes are achieved through work in today’s advanced economies and asks to what extent current extreme inequalities are compatible with widely held values of social justice. Reflecting on the heterogeneity of the working rich, the authors argue that very high earnings often result not from heightened competition induced by globalization but rather from a lack of competition, or at best deficient competition. It is proposed that such incomes cannot be justified in terms of efficiency or merit and do not generate positive trickle-down effects with benefits for all of society; rather, extreme ... Read more
Product Details
Format
Hardback
Publication date
2016
Publisher
Springer International Publishing AG Switzerland
Number of pages
138
Condition
New
Number of Pages
128
Place of Publication
Cham, Switzerland
ISBN
9783319288109
SKU
V9783319288109
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Maurizio Franzini
Maurizio Franzini has published extensively on a variety of issues from environmental topics to institutional economics, and from market failures to inequality and welfare policies. Among his publications are: Disuguaglianze inaccettabili (Laterza 2013); and Explaining inequality (with M. Pianta; Routledge 2015). Elena Granaglia (BA in Government, Harvard College, 1978; MPA, Kennedy School of Government, Harvard University, 1982) has published extensively ... Read more
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