The Poor and the Plutocrats: From the poorest of the poor to the richest of the rich,Francis Teal

-About this book

A decisive examination of inequality and its relationship to poverty and wealth, The Poor and the Plutocrats explores how we live in a world of very many poor people and a very few extremely rich ones – the poor and the plutocrats of the title. Globally the last twenty years have seen declines in inequality between countries and the fastest fall in the numbers of absolutely poor in history – those living on less than the World Bank extreme poverty line of US$1.90 per day. In parallel, inequality within some countries has increased markedly, particularly in the US and the UK.
In The Poor and the Plutocrats, Francis Teal explains this pattern of falling absolute poverty and rising relative poverty (the decline of global inequality and the rise of inequality within countries) through the lens of how, over the last two centuries, the value of relatively unskilled labour has changed. To understand the co-existence of the poor and the plutocrats, Teal examines the patterns of growth in national income and how the 1% have captured, in some countries, an increasing share of that income. This book explains how we have come to live in a world of such high levels of income and such dissatisfaction with how that income is distributed.

-Table of Contents
List of Figures and Tables
1. From Hundreds to Billions of Dollars of Income
2. The Poor and the Rich in the UK in the Twenty-First Century
3. Five Countries: The United States, United Kingdom, Brazil, China, and India
4. The Rise (and Rise) of the World Economy
5. The Growing Equality across Countries and Inequality within some Countries
6. Inequality and Poverty across the World
7. The Fall and Rise of the 1 Per Cent
8. The Incomes of the Plutocrats in a Comparative Perspective
9. Sources of Increasing Inequality: Earnings of the Relatively Unskilled
10. Sources of Income for the Plutocrats
11. From the Poor to the Plutocrats
References
Index

-Caractéristiques

Date de parution:24 mars 2021

Éditeur : OUP Oxford

Langue : Anglais

NB.de pages : 256 pages

ISBN-10 : 0198870140

ISBN-13 : 978-0198870142

Poids de l’article : 408 g

Dimensions : 21.84 x 2.29 x 14.22 cm