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Extreme inequalities in contemporary capitalism

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Extreme inequalities in contemporary capitalism/ by Maurizio Franzini, Elena Granaglia, Michele Raitano.
Author:	Franzini, Maurizio.
other author:	Granaglia, Elena.
Published:	Cham :Springer International Publishing : : 2016.,
Description:	x, 128 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Income distribution. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-28811-6
ISBN:	9783319288116

Extreme inequalities in contemporary capitalism
Franzini, Maurizio.

Extreme inequalities in contemporary capitalism[electronic resource] /by Maurizio Franzini, Elena Granaglia, Michele Raitano. - Cham :Springer International Publishing :2016. - x, 128 p. :ill., digital ;24 cm.

1 The planet of the rich: an exploration -- 2 The super-rich, competition and power -- 3 The super-rich: a matter of desert? -- 4 Extreme inequality, well-being, freedom -- 5 Why worry about the super-rich? The reasons and possible remedies.

This book explores the mechanisms by which top incomes are achieved through work in today's advanced economies and asks to what extent current extreme inequalities are compatible with widely held values of social justice. Reflecting on the heterogeneity of the working rich, the authors argue that very high earnings often result not from heightened competition induced by globalization but rather from a lack of competition, or at best deficient competition. It is proposed that such incomes cannot be justified in terms of efficiency or merit and do not generate positive trickle-down effects with benefits for all of society; rather, extreme inequalities in earnings risk jeopardizing equality of opportunity. The book concludes by offering a wide array of innovative policy prescriptions that are not punitive in intent and are not merely directed toward income redistribution. Readers will find the book to be a fascinating source of insights into the subject of the working rich, which remains largely unexplored within both economics and ethics.

ISBN: 9783319288116

Standard No.: 10.1007/978-3-319-28811-6doiSubjects--Topical Terms:

564878
Income distribution.

LC Class. No.: HC79.I5 / F73 2016

Dewey Class. No.: 339.2

Extreme inequalities in contemporary capitalism
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100 1 $a Franzini, Maurizio. $3 1108928
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245 1 0 $a Extreme inequalities in contemporary capitalism $h [electronic resource] / $c by Maurizio Franzini, Elena Granaglia, Michele Raitano.
260 $a Cham : $c 2016. $b Springer International Publishing : $b Imprint: Springer,
300 $a x, 128 p. : $b ill., digital ; $c 24 cm.
505 0 $a 1 The planet of the rich: an exploration -- 2 The super-rich, competition and power -- 3 The super-rich: a matter of desert? -- 4 Extreme inequality, well-being, freedom -- 5 Why worry about the super-rich? The reasons and possible remedies.
520 $a This book explores the mechanisms by which top incomes are achieved through work in today's advanced economies and asks to what extent current extreme inequalities are compatible with widely held values of social justice. Reflecting on the heterogeneity of the working rich, the authors argue that very high earnings often result not from heightened competition induced by globalization but rather from a lack of competition, or at best deficient competition. It is proposed that such incomes cannot be justified in terms of efficiency or merit and do not generate positive trickle-down effects with benefits for all of society; rather, extreme inequalities in earnings risk jeopardizing equality of opportunity. The book concludes by offering a wide array of innovative policy prescriptions that are not punitive in intent and are not merely directed toward income redistribution. Readers will find the book to be a fascinating source of insights into the subject of the working rich, which remains largely unexplored within both economics and ethics.
650 0 $a Income distribution. $3 564878
650 0 $a Rich people. $3 1108931
650 1 4 $a Economics. $3 555568
650 2 4 $a Economic Policy. $3 669185
650 2 4 $a Social Structure, Social Inequality. $3 883677
650 2 4 $a Social Policy. $3 669212
650 2 4 $a Political Economy. $3 1019335
650 2 4 $a Labor Economics. $3 669481
650 2 4 $a Ethics. $3 555769
700 1 $a Granaglia, Elena. $3 1108929
700 1 $a Raitano, Michele. $3 1108930
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