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The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It - Timothy Noah
The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It
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 For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nation’s income—more than double their share in 1973. We have less equality of income than Venezuela,... show more
 For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nation’s income—more than double their share in 1973. We have less equality of income than Venezuela, Kenya, or Yemen.What economics Nobelist Paul Krugman terms "the Great Divergence" has until now been treated as little more than a talking point, a club to be wielded in ideological battles. But it may be the most important change in this country during our lifetimes—a sharp, fundamental shift in the character of American society, and not at all for the better.The income gap has been blamed on everything from computers to immigration, but its causes and consequences call for a patient, non-partisan exploration. In The Great Divergence, Timothy Noah delivers this urgently needed inquiry, ignoring political rhetoric and drawing on the best work of contemporary researchers to peer beyond conventional wisdom. Noah explains not only how "the Great Divergence" has come about, but why it threatens American democracy—and most important, how we can begin to reverse it.The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about what kind of society we aspire to be in the 21st century: a land of equality, or a city on a hill—with a slum at the bottom.
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Format: hardcover
ISBN: 9781608196333 (160819633X)
Publisher: Bloomsbury
Pages no: 272
Edition language: English
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Community Reviews
Intensely Focused
Intensely Focused rated it
This book is this article expanded into book form. It was an interesting read, and I did learn some things, like the fact that FDR wanted to institute a maximum wage as well as a minimum wage. But you can get the salient points from the article. The most important thing I think is missing from hi...
Peace, Love & Books
Peace, Love & Books rated it
3.0 The Great Divergence: America's Growing Inequality Crisis and What We Can Do about It
I found this book most interesting for Noah's discussions of economic history to put contemporary issues in context. Most impressive is the argument he presents about the direct correlation between the rise of strong labor unions and the growth of the middle class, and the obvious relationship betwe...
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