Edition |
First edition. |
Description |
xii, 228 pages ; 22 cm |
Bibliography |
Includes bibliographical references and index. |
Summary |
The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look minor? Could we be facing an existential challenge to the promise of America? Inequality has reached historical highs. Throughout human history, this level of disparity has proven intolerable, almost always leading to political upheaval. Though many believe that America will never face a second revolution, that our politics are stable, Yale School of Management senior faculty fellow Bruce Judson makes the case that revolution is a real possibility here, driven by a thirty-year, unprecedented rise of inequality. As Judson shows, revolutions can occur suddenly, as happened with the Soviet Union's 1991 dissolution, and America today exhibits the central precursors to a collapse.--From publisher description. |
Contents |
Prologue : the gathering storm -- Freedom from want -- Immunity from history? -- The causes of revolutions -- How unequal are we? -- Why has inequality escalated dramatically? -- The indicators are blinking red -- America in a time of vulnerability -- Epilogue : bringing balance to our society. |
Subject |
Distributive justice -- United States.
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Income distribution -- United States.
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Wealth -- United States.
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Revolutions -- Economic aspects -- United States.
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ISBN |
9780061689109 |
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0061689106 |
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