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In the wake of the global financial crisis, and ongoing savage government cuts across the world, Garry Leech addresses a pressing and necessary topic: the nature of contemporary capitalism, and how it inherently generates inequality and structural violence. Drawing on a number of fascinating case studies from across the world - including the forced displacement of farmers in Mexico, farmer suicides in India, and deaths from preventable and treatable diseases in Sub-Saharan Africa, as well as the unsustainable exploitation of the planet's natural resources - Leech provocatively argues that global capitalism constitutes a form of genocide against the poor, particularly in the global South. Essential and eye-opening the book questions the legitimacy of a system that inevitably results in such large-scale human suffering, while going beyond mere critique to offer a more egalitarian, democratic and sustainable global alternative.
A distinguished author watches the motions of a young woman folding a restaurant bill into a paper boat. On an impulse he proposes to her. The woman says yes, but they will marry on her terms.
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Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
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