Ching-jan reviewed Price of Inequality by Joseph E. Stiglitz
Review of 'Price of Inequality' on 'Goodreads'
5 stars
The 1 percent in America has successfully convinced the 99 percent that their interest is the most critical to our society, and should be held of highest value. But that's never the truth. The continuingly increasing, and currently high level of inequality since Regean time showed us the myth of trickle down is a complete nonsense. The stagnant, or even lowering, of real wages for most Americans revealed the true incentive behind the myth , to suck wealth from the bottom to the top. That's indeed what's happening in the past three decades or so. We desperately need reform of our political and financial system to make it work for the public good, before further dividing our society into haves and have-nos. maybe it is already too late at 2017.