The Inequality of Wealth
Why it Matters and How to Fix it
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The super-rich have never had it so good. But millions of us can't afford a home, an education or a pension. And unless we change course soon, the future will be worse. Much worse. Yet, it doesn't have to be like this. In this bold new book, former Treasury Minister, Liam Byrne, explains the fast-accelerating inequality of wealth; warns how it threatens our society, economy, and politics; shows where economics got it wrong - and lays out a path back to common sense, with five practical new ways to rebuild an old ideal: the wealth-owning democracy. Liam Byrne draws on conversations and debates ...
The super-rich have never had it so good. But millions of us can't afford a home, an education or a pension. And unless we change course soon, the future will be worse. Much worse. Yet, it doesn't have to be like this. In this bold new book, former Treasury Minister, Liam Byrne, explains the fast-accelerating inequality of wealth; warns how it threatens our society, economy, and politics; shows where economics got it wrong - and lays out a path back to common sense, with five practical new ways to rebuild an old ideal: the wealth-owning democracy. Liam Byrne draws on conversations and debates with former prime ministers, presidents and policymakers around the world together with experts at the OECD, World Bank, and IMF to argue that, after twenty years of statistics and slogans, it's time for solutions that aren't just radical but plausible and achievable as well. The future won't be land of milk and honey but it could be a place where we live longer, happier healthier and wealthier lives. But only if we master new ways of sharing wealth without war or revolution.
