TY - GEN T1 - The inequality trap : fighting capitalism instead of poverty T2 - UTP insights. A1 - Watson, William G LA - English PP - Toronto PB - University of Toronto Press YR - 2015 UL - https://ebooks.jgu.edu.in/Record/jstor_eba_ocn921143519 AB - "US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."-- CN - HM821 SN - 9781442624948 SN - 1442624949 SN - 9781442624955 SN - 1442624957 SN - 9781442637245 SN - 1442637242 KW - Equality. KW - Capitalism. KW - Economics. KW - EĢconomie politique. KW - economics. KW - SOCIAL SCIENCE : Discrimination & Race Relations. KW - SOCIAL SCIENCE : Minority Studies. KW - BUSINESS & ECONOMICS : Economics : Theory. KW - Capitalism KW - Economics KW - Equality ER -