The Inequality of Wealth

(Hardback)

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Description

The super-rich have never had it so good. But millions of us cant afford a home, an education or a pension. And unless we change course soon, the future will be worse. Much worse. Yet, it doesnt have to be like this. In this bold new book, former Treasury Minister, Liam Byrne, explains the fast-accelerating inequality of wealth; warns how it threatens our society, economy, and politics; shows where economics got it wrong - and lays out a path back to common sense, with five practical new ways to rebuild an old ideal: the wealth-owning democracy. Liam Byrne draws on conversations and debates with former prime ministers, presidents and policymakers around the world together with experts at the OECD, World Bank, and IMF to argue that, after twenty years of statistics and slogans, it's time for solutions that arent just radical but plausible and achievable as well. The future won't be land of milk and honey but it could be a place where we live longer, happier healthier and wealthier lives. But only if we master new ways of sharing wealth without war or revolution.

Reviews

Very few in frontline politics have worked as long as Liam Byrne on the theory and practice of tackling inequality - or are as thoughtful and insightful. This new book is essential reading for anyone who cares about tackling one of the great political and moral challenges of our time. * Ed Balls *

Author Bio

The Rt. Hon. Liam Byrne MP chairs the Global Parliamentary Network on the World Bank & International Monetary Fund and sits on the House of Commons Foreign Affairs Select Committee. He served in the Cabinet in 10 Downing Street and Her Majestys Treasury. An Honorary Professor of Social Science at the University of Birmingham, Liam was a Fulbright scholar at the Harvard Business School and Gwilym Gibbon Research Fellow at Nuffield College, Oxford. He has represented Birmingham Hodge Hill, the most income-deprived community in Britain, for the last 19 years and is the author of a major history of British capitalism Dragons: Ten Entrepreneurs Who Built Britain.