The Price Of Inequality : How Today 's Divided Society Endangers Our Future

1863 Words Nov 17th, 2016 8 Pages
Picture this; one day you are driving through a nice neighborhood, filled mainly with middle-class families. Every day you drive through this neighborhood and notice how it is changing from day to day. The first day it was a clean neighborhood, manicured lawns, friendly people waving hello, and maintained homes. Soon this neighborhood shifts, there are more homes for sale or foreclosed, this once pristine neighborhood has turned into abandoned homes, overgrown lawns, and fewer and fewer people. This is what happened over time during The Great Recession; while the middle and lower class fought to keep their homes, the upper class had money and needn’t worry much about the recession. This is just an example of what happened to many families during The Great Recession, as Joseph Stiglitz will talk about in his book, The Price of Inequality: How Today’s Divided Society Endangers Our Future, published in 2013. Everyone knows the gap between the rich and the poor is a large gap, which in recent years has gotten substantially larger. Rich are getting richer and the middle and poor are getting poorer. Joseph Stiglitz book outlines this inequality and explains more as to how and why this is occurring. In this book report, I will talk about various aspects laid out by Joseph Stiglitz; of which is brief summaries of the chapters and how they relate in regards to social policy. Chapter one of the Stiglitz book shows a brief overview of what he sees, in regards to how The…

Related Documents