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Extreme inequalities in contemporary...

Franzini, Maurizio.

Extreme inequalities in contemporary capitalism

Record Type:	Electronic resources : Monograph/item
Title/Author:	Extreme inequalities in contemporary capitalismby 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$q(electronic bk.)

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$q(electronic bk.)

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

180059
Income distribution.

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

Dewey Class. No.: 339.2

Extreme inequalities in contemporary capitalism
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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 : $b Springer International Publishing : $b Imprint: Springer, $c 2016.
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.
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650 2 4 $a Social Structure, Social Inequality. $3 559210
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650 2 4 $a Political Economy. $3 674489
650 2 4 $a Labor Economics. $3 273687
650 2 4 $a Ethics. $3 174971
700 1 $a Granaglia, Elena. $3 747500
700 1 $a Raitano, Michele. $3 747501
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