Home VIAGGI E TEMPO LIBERO Proposals for reading by a chronic bibliophile

Proposals for reading by a chronic bibliophile

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People, power and profits
Joseph E. Stiglitz
Einaudi
Price – 20, 00
Pages – 346

The consolidation of market power especially in finance and technology industry has led to an explosion of the inequality. The situation is dramatic: few corporations dominate entire sectors of the economy, causing inequality to rise and slowing growth. Finance has written its own rules; high-tech companies have accumulated uncontrolled personal data and the US government has negotiated trade agreements that do not represent workers' interests. Too many people have enriched themselves by exploiting others instead of creating wealth. The real sources of wealth and growth, for Stiglitz, are the living standards, based on learning, progress of science and technology and the rules of law. Attacks on the judicial, university and communications systems damage the same institutions that have always founded economic power and democracy.  » Read More

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