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Inequality and the Global Economic Crisis

Inequality and the Global Economic Crisis

Douglas Dowd

(2009)

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Book Details

Abstract

Inequalities of income, wealth and of power have been with us for millennia. This book is a critique of the counter-productivity of growing economic inequality from the 1980s to today. Douglas Dowd argues against capitalist expansion, exploitation and oligarchic rule.

The book states that the globalisation and growth of the financial sector will impact painfully upon hundreds of millions of people.

Presenting both a history of the current crisis and well as an overview of its politics, Inequality and the Global Economic Crisis look at militarism, consumerism, the media, education, housing and the homeless, nutrition and hunger, family life for a full picture of the destruction of global financialisation.
'There's no person alive that I've learned more from than Doug Dowd'
Daniel Ellsberg, author of "Secrets: A Memoir of Vietnam and the Pentagon Papers."
'Douglas Dowd is our most reliable economic historian, and in this book he skilfully weaves together the current economic crisis, the globalisation factor, and the persistence of equality to come up with a penetrating analysis of where we are today. The book is full of useful, often startling information. It is an ideal antidote to the nonsense we get from the so-called experts'
Howard Zinn
'Offers readers a reliable, clear-headed and compassionate analysis of the current global economic crisis'
Marilyn B. Young, Professor of History, New York University and co-editor of Bombing Civilians: A 20th Century History.

Table of Contents

Section Title Page Action Price
Cover Cover
Contents v
Preface vii
Acknowledgements xiv
Prologue 1
1. Inequality: An Introduction 8
2. Class Inequality and the Inequality of Political and Social Power 18
3. Inequality Based on Gender, \"Race,\" Nationalism and Religion 36
4. Big Business and Inequality 59
5. Today's Inequality as Worsened by Consumerism and the Media 83
6. Globalization: Unintended Consequences, Inc. 102
7. Financialization: Las Vegas, Inc. 116
8. Militarism and Inequality 141
9: Inequality's Consequences for its Victims and its Victimizers (I) 171
Poverty 171
Health Care 181
10. Inequality's Consequences for its Victims and its Victimizers (II) 199
Education 199
Housing and the Homeless 210
Nutrition and Hunger 217
Opportunity 223
Dignity, Morale, Self-Respect, and Family Life 225
11. Inequality's Interacting Consequences for the Economy, Democracy and Social Decency 227
12. Comparisons of Inequality and its Treatment Between the US and Western Europe 247
Epilogue 261
Bibliography 271
Index 283