formally proactive and should be read by everyone disregarding different viewpoints, including Conservatives, Liberals and Independents. Stiglitz shows how the United States has the highest level of inequality of all the modern industrialized countries through the world, while informing that we the people are the “job creators” not the one percent.
Joseph Stiglitz provides strong arguments against growing inequality on our democracy, economy and the justice system in place. The promise of the American dream and the land of opportunity has been shattered by the modern powers who make up the 1%, while divisions of the 99% left are scattered across the US beginning to stand up against the 1%. I chapter 1 of Stiglitz’s book, he explains …show more content…
Although when reading it does seems that there is no argument for total equality, just less inequality, which I believe will result in opportunity for less economic volatility. Some small limitations to this book is that I found it had a confusing mixture between economics, social policy, and political theory and tends to suffer from being redundant in particular sections. His point was well presented and has great reference material but I believe because of the repetitive nature of this text the book could have been shortened. With full honesty I did find myself frequently checking how many pages were left until the next chapter, his plea for a stronger government for the 99% was what kept me hooked. Not many authors in this topic can provide an explanation to the root. When looking back on discussions the class had within the course, I found a lot of relativity between the book. One of the first assignments in this class asked “What role should public opinion play in determining government policy? Are there certain types of issues where public opinion should be followed, but others where its influence should be more muted?” My answer to this question was on the lines of believing public opinion should have a large role in government policy because the American people hold a great voice in our government. After reading this book I thought about the people's true role in the government and our impact. I questioned if our society is truly allowing the development of this kind of extreme, unbalanced distribution of wealth happen in the U.S, I find this to be a disturbing phenomenon that has occurred over the past thirty years. Stiglitz demonstrates that bankruptcy laws, public spending, tax policies, international trade agreements, and
Joseph Stiglitz provides strong arguments against growing inequality on our democracy, economy and the justice system in place. The promise of the American dream and the land of opportunity has been shattered by the modern powers who make up the 1%, while divisions of the 99% left are scattered across the US beginning to stand up against the 1%. I chapter 1 of Stiglitz’s book, he explains …show more content…
Although when reading it does seems that there is no argument for total equality, just less inequality, which I believe will result in opportunity for less economic volatility. Some small limitations to this book is that I found it had a confusing mixture between economics, social policy, and political theory and tends to suffer from being redundant in particular sections. His point was well presented and has great reference material but I believe because of the repetitive nature of this text the book could have been shortened. With full honesty I did find myself frequently checking how many pages were left until the next chapter, his plea for a stronger government for the 99% was what kept me hooked. Not many authors in this topic can provide an explanation to the root. When looking back on discussions the class had within the course, I found a lot of relativity between the book. One of the first assignments in this class asked “What role should public opinion play in determining government policy? Are there certain types of issues where public opinion should be followed, but others where its influence should be more muted?” My answer to this question was on the lines of believing public opinion should have a large role in government policy because the American people hold a great voice in our government. After reading this book I thought about the people's true role in the government and our impact. I questioned if our society is truly allowing the development of this kind of extreme, unbalanced distribution of wealth happen in the U.S, I find this to be a disturbing phenomenon that has occurred over the past thirty years. Stiglitz demonstrates that bankruptcy laws, public spending, tax policies, international trade agreements, and