The Great Divergence: America’s Growing Inequality Crisis and What We Can Do About It

Timothy Noah. Bloomsbury, $27 (272p) ISBN 978-1-60819-633-3
In this comprehensive, fair-minded, and lucid account, based on his award-winning articles for Slate, New Republic columnist Noah examines growing income inequality in the U.S., where for 33 years, the wealthy have acquired a growing share of the nation’s income while the middle class saw its share shrink. Noah synthesizes work by economists, sociologists, and political scientists to explain the phenomenon to nonexperts. He shows how income inequality first came to be measured in the early 20th century, and relates the perspectives of scholars and politicians at a time when the share of the nation’s income going to the wealthy either shrank or remained stable during the 1930s through the late 1970s, before powerfully reversing course in the 1980s. Noah studies the contributing factors (immigration, the shortage of better-educated workers, trade with low-wage nations, globalization, the fall of the labor movement, and government policy), and considers the vast changes in the corporate and financial industry that led to a “grossly misshapen” wage structure, where a CEO now makes 262 times more than the average worker. While this affects many industrialized democracies, income inequality is far greater in the U.S., resulting in a less upwardly mobile society. Noah makes a convincing and passionate case for why rising inequality harms a working democracy, and suggests sensible, though not always politically viable, solutions. Agent: Andrew Wylie, the Wylie Agency. (May)
Reviewed on: 02/27/2012
Release date: 04/24/2012
Show other formats
FORMATS
Paperback - 275 pages - 978-1-60819-635-7
Open Ebook - 978-1-60819-634-0
X
Stay ahead with
Tip Sheet!
Free newsletter: the hottest new books, features and more
X
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
X
Only $18.95/month for Digital Access
or $20.95 for Print+Digital Access!
X
Email Address

Password

Log In Lost Password

PW has integrated its print and digital subscriptions, offering exciting new benefits to subscribers, who are now entitled to both the print edition and the digital editions of PW (online or via our app). For instructions on how to set up your accout for digital access, click here. For more information, click here.

The part of the site you are trying to access is now available to subscribers only. Subscribers: to set up your digital subscription with the new system (if you have not done so already), click here. To subscribe, click here.

Email pw@pubservice.com with questions.

Not Registered? Click here.