Download or read book The Fault Lines of Inequality written by Huw Macartney and published by Springer Nature. This book was released on 2022-05-03 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how decisions made by the Conservative government during the COVID19 pandemic have increased economic inequality in the UK. Decades of austerity, asset-based welfare and financialization had already exacerbated social divisions in the UK prior to the pandemic. The political blueprint behind these measures combined Privatized Keynesianism and the Asset Economy. To explain, economists have highlighted that inequality derives from the fact that income from wealth increases at a faster rate than income from wages. The ensuing political assumption is that – in the face of pressures on public finances – promoting asset ownership is the best alternative to government-funded welfare schemes. What this meant, as the pandemic unfolded, was that when tough decisions about resource allocation needed to be made, the UK Treasury and the Bank of England found almost unlimited funds to rescue and protect asset-holders and middle-income homeowners, whilst reverting to a narrative of “misfortune” for the asset-less poor. This book assesses the political decisions taken by UK policymakers during 2020-21 and their consequences. In doing so, it challenges policymakers and the informed public to re-consider the morality of inequality, and to make alternative decisions to promote a more ecologically sustainable, caring, equal and prosperous society.
Download or read book Fault Lines written by Raghuram G. Rajan and published by Princeton University Press. This book was released on 2011-08-08 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: From an economist who warned of the global financial crisis, a new warning about the continuing peril to the world economy Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed. Rajan shows how the individual choices that collectively brought about the economic meltdown—made by bankers, government officials, and ordinary homeowners—were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust, no matter what the consequences to the economy's long-term health; and where the U.S. financial sector, with its skewed incentives, is the critical but unstable link between an overstimulated America and an underconsuming world. In Fault Lines, Rajan demonstrates how unequal access to education and health care in the United States puts us all in deeper financial peril, even as the economic choices of countries like Germany, Japan, and China place an undue burden on America to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.
Download or read book Fault Lines A History of the United States Since 1974 written by Kevin M. Kruse and published by W. W. Norton & Company. This book was released on 2019-01-08 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A gripping and troubling account of the origins of our turbulent times.” —Jill Lepore, author of These Truths: A History of the United States When—and how—did America become so polarized? In this masterful history, leading historians Kevin M. Kruse and Julian E. Zelizer uncover the origins of our current moment. It all starts in 1974 with the Watergate crisis, the OPEC oil embargo, desegregation busing riots in Boston, and the wind-down of the Vietnam War. What follows is the story of our own lifetimes. It is the story of ever-widening historical fault lines over economic inequality, race, gender, and sexual norms firing up a polarized political landscape. It is also the story of profound transformations of the media and our political system fueling the fire. Kruse and Zelizer’s Fault Lines is a master class in national divisions nearly five decades in the making.
Download or read book Fault Lines Exposed written by Scott Baum and published by Monash University ePress. This book was released on 2005 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social and economic change in Australia has resulted in the emergence of disparities in advantage and disadvantage between metropolitan communities and regional localities, towns and cities. This book uses up-to-date data to re-analyse the patterns, and consider policy issues that arise.
Download or read book Home Care Fault Lines written by Cynthia J. Cranford and published by Cornell University Press. This book was released on 2020-06-15 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this revealing look at home care, Cynthia J. Cranford illustrates how elderly and disabled people and the immigrant women workers who assist them in daily activities develop meaningful relationships even when their different ages, abilities, races, nationalities, and socioeconomic backgrounds generate tension. As Cranford shows, workers can experience devaluation within racialized and gendered class hierarchies, which shapes their pursuit of security. Cranford analyzes the tensions, alliances, and compromises between security for workers and flexibility for elderly and disabled people, and she argues that workers and recipients negotiate flexibility and security within intersecting inequalities in varying ways depending on multiple interacting dynamics. What comes through from Cranford's analysis is the need for deeply democratic alliances across multiple axes of inequality. To support both flexible care and secure work, she argues for an intimate community unionism that advocates for universal state funding, designs culturally sensitive labor market intermediaries run by workers and recipients to help people find jobs or workers, and addresses everyday tensions in home workplaces.
Download or read book Reporting Inequality written by Sally Lehrman and published by Routledge. This book was released on 2019-03-04 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under increasingly intense newsroom demands, reporters often find it difficult to cover the complexity of topics that deal with racial and social inequality. This path-breaking book lays out simple, effective reporting strategies that equip journalists to investigate disparity’s root causes. Chapters discuss how racially disparate outcomes in health, education, wealth/income, housing, and the criminal justice system are often the result of inequity in opportunity and also provide theoretical frameworks for understanding the roots of racial inequity. Examples of model reporting from ProPublica, the Center for Public Integrity, and the San Jose Mercury News showcase best practice in writing while emphasizing community-based reporting. Throughout the book, tools and practical techniques such as the Fault Lines framework, the Listening Post and the authors' Opportunity Index and Upstream-Downstream Framework all help journalists improve their awareness and coverage of structural inequity at a practical level. For students and journalists alike, Reporting Inequality is an ideal resource for understanding how to cover structures of injustice with balance and precision.
Download or read book Between Fault Lines and Front Lines written by Katja Hujo and published by Bloomsbury Publishing. This book was released on 2022-06-02 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is one of today's greatest challenges, obstructing poverty reduction and sustainable development. As the power of elites grows and societal gaps widen, institutions representing the public good and universal values are increasingly disempowered or co-opted, and visions of social justice and equity side-lined. This book explores the roles of elites and institutions of power in the deepening of social and economic cleavages across the globe, by asking how inequalities have reshaped structures from the local to the transnational level, and what consequences they have wrought. In addition, the contributors present examples of peaceful processes of policy change that have made societies greener and more socially just, levelled out social stratification, and devolved power and resources from elites to non-elites, or towards marginalized or discriminated groups. Based on cutting-edge empirical research, the chapters in this volume bring together conceptual thinking and a number of case studies from the Global North and South, combining different levels of analysis and a range of qualitative research methods to present solutions for closing the inequality gap.
Download or read book Ferguson s Fault Lines written by Kimberly Jade Norwood and published by American Bar Association. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This timely book addresses the deeply rooted perception of inequality and injustices experienced in Ferguson, Missouri, with a keen focus on the legal and social reverberations following the death of Michael Brown." Excerpt from Foreword by Paulette Brown, President of the American Bar Association, 2015-2016
Download or read book Unequal Fault Lines Essays on Gender Class and Regional Inequality written by Theresa Neef and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Summary Fault Lines written by BusinessNews Publishing, and published by Primento. This book was released on 2017-01-30 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The must-read summary of Raghuram G. Rajan’s book: “Fault Lines: How Hidden Fractures Still Threaten the World Economy”. This complete summary of “Fault Lines” by Raghuram G. Rajan, a globally renowned economist, shows how the serious flaws in the economy were to blame for the global financial crisis. He warns readers that these fractures have not been fixed and that there is a possibility that another devastating crisis could strike if action is not taken. He outlines what needs to be done to find a solution. Added-value of this summary: • Save time • Understand the financial crisis and the flawed economy that contributed to it • Expand your knowledge of global economics and finance To learn more, read “Fault Lines: How Hidden Fractures Still Threaten the World Economy” and discover what needs to be done to prevent a future global crisis.
Download or read book Engine of Inequality written by Karen Petrou and published by John Wiley & Sons. This book was released on 2021-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.
Download or read book The Last Tycoons written by William D. Cohan and published by Anchor. This book was released on 2007-04-03 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • A tale of vaulting ambitions, explosive feuds, worldly mistresses, fabulous art collections, and enormous wealth—a story of high drama in the world of high finance. • "Rips the roof off of one of Wall Street's most storied investment banks." —Vanity Fair Wall Street investment banks move trillions of dollars a year, make billions in fees, pay their executives in the tens of millions of dollars. But even among the most powerful firms, Lazard Frères & Co. stood apart. Discretion, secrecy, and subtle strategy were its weapons of choice. For more than a century, the mystique and reputation of the "Great Men" who worked there allowed the firm to garner unimaginable profits, social cachet, and outsized influence in the halls of power. But in the mid-1980s, their titanic egos started getting in the way, and the Great Men of Lazard jeopardized all they had built. William D. Cohan, himself a former high-level Wall Street banker, takes the reader into the mysterious and secretive world of Lazard and presents a compelling portrait of Wall Street through the tumultuous history of this exalted and fascinating company. Cohan deconstructs the explosive feuds between Felix Rohatyn and Steve Rattner, superstar investment bankers and pillars of New York society, and between the man who controlled Lazard, the inscrutable French billionaire Michel David-Weill, and his chosen successor, Bruce Wasserstein. Cohan follows Felix, the consummate adviser, as he reshapes corporate America in the 1970s and 1980s, saves New York City from bankruptcy, and positions himself in New York society and in Washington. Felix’s dreams are dashed after the arrival of Steve, a formidable and ambitious former newspaper reporter. By the mid-1990s, as Lazard neared its 150th anniversary, Steve and Felix were feuding openly. The internal strife caused by their arguments could not be solved by the imperious Michel, whose manipulative tendencies served only to exacerbate the trouble within the firm. Increasingly desperate, Michel took the unprecedented step of relinquishing operational control of Lazard to one of the few Great Men still around, Bruce Wasserstein, then fresh from selling his own M&A boutique, for $1.4 billion. Bruce’s take: more than $600 million. But it turned out Great Man Bruce had snookered Great Man Michel when the Frenchman was at his most vulnerable. The Last Tycoons is a tale of vaulting ambitions, whispered advice, worldly mistresses, fabulous art collections, and enormous wealth—a story of high drama in the world of high finance.
Download or read book Fault Lines written by Jonathan Jansen and published by AFRICAN SUN MeDIA. This book was released on 2020-03-31 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the link, if any, between race and disease? How did the term baster as ‘mixed race’ come to be mistranslated from ‘incest’ in the Hebrew Bible? What are the roots of racial thinking in South African universities? How does music fall on the ear of black and white listeners? Are new developments in genetics simply a backdoor for the return of eugenics? For the first time, leading scholars in South Africa from different disciplines take on some of these difficult questions about race, science and society in the aftermath of apartheid. This book offers an important foundation for students pursuing a broader education than what a typical degree provides, and a must-read resource for every citizen concerned about the lingering effects of race and racism in South Africa and other parts of the world.
Download or read book Fault Lines of Care written by Carina Heckert and published by Rutgers University Press. This book was released on 2018-06 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The HIV epidemic in Bolivia has received little attention on a global scale in light of the country’s low HIV prevalence rate. However, by profiling the largest city in this land-locked Latin American country, Carina Heckert shows how global health-funded HIV care programs at times clash with local realities, which can have catastrophic effects for people living with HIV who must rely on global health resources to survive. These ethnographic insights, as a result, can be applied to AIDS programs across the globe. In Fault Lines of Care, Heckert provides a detailed examination of the effects of global health and governmental policy decisions on the everyday lives of people living with HIV in Santa Cruz. She focuses on the gendered dynamics that play a role in the development and implementation of HIV care programs and shows how decisions made from above impact what happens on the ground.
Download or read book The Aristocracy of Talent written by Adrian Wooldridge and published by Simon and Schuster. This book was released on 2021-07-13 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Times (UK) book of the year! Meritocracy: the idea that people should be advanced according to their talents rather than their birth. While this initially seemed like a novel concept, by the end of the twentieth century it had become the world's ruling ideology. How did this happen, and why is meritocracy now under attack from both right and left? In The Aristocracy of Talent, esteemed journalist and historian Adrian Wooldridge traces the history of meritocracy forged by the politicians and officials who introduced the revolutionary principle of open competition, the psychologists who devised methods for measuring natural mental abilities, and the educationalists who built ladders of educational opportunity. He looks outside western cultures and shows what transformative effects it has had everywhere it has been adopted, especially once women were brought into the meritocratic system. Wooldridge also shows how meritocracy has now become corrupted and argues that the recent stalling of social mobility is the result of failure to complete the meritocratic revolution. Rather than abandoning meritocracy, he says, we should call for its renewal.
Download or read book Fault Lines written by Voddie T. Baucham and published by Simon and Schuster. This book was released on 2021-04-06 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ground Is Moving The death of George Floyd at the hands of police in the summer of 2020 shocked the nation. As riots rocked American cities, Christians affirmed from the pulpit and in social media that “black lives matter” and that racial justice “is a gospel issue.” But what if there is more to the social justice movement than those Christians understand? Even worse: What if they’ve been duped into preaching ideas that actually oppose the Kingdom of God? In this powerful book, Voddie Baucham, a preacher, professor, and cultural apologist, explains the sinister worldview behind the social justice movement and Critical Race Theory—revealing how it already has infiltrated some seminaries, leading to internal denominational conflict, canceled careers, and lost livelihoods. Like a fault line, it threatens American culture in general—and the evangelical church in particular. Whether you’re a layperson who has woken up in a strange new world and wonders how to engage sensitively and effectively in the conversation on race or a pastor who is grappling with a polarized congregation, this book offers the clarity and understanding to either hold your ground or reclaim it.
Download or read book The Billionaire s Apprentice written by Anita Raghavan and published by Business Plus. This book was released on 2013-06-04 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now... The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite. Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.