Why We Can t Afford the Rich Even as inequalities widen the effects of austerity deepen and the consequences of recession linger in many countries the wealth of the rich has soared Why We Can t Afford the Rich exposes the unju

  • Title: Why We Can't Afford the Rich
  • Author: Andrew Sayer
  • ISBN: 9781447320791
  • Page: 115
  • Format: Hardcover
  • Even as inequalities widen, the effects of austerity deepen, and the consequences of recession linger, in many countries the wealth of the rich has soared Why We Can t Afford the Rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others through the control of property and money Leading social scientist Andrew SayerEven as inequalities widen, the effects of austerity deepen, and the consequences of recession linger, in many countries the wealth of the rich has soared Why We Can t Afford the Rich exposes the unjust and dysfunctional mechanisms that allow the top 1% to siphon off wealth produced by others through the control of property and money Leading social scientist Andrew Sayer shows how over the past three decades the rich worldwide have increased their ability to hide their wealth, create indebtedness, and expand their political influence Aimed at all engaged citizens, this important and accessible book uses simple distinctions to burst the myth of the rich as especially talented wealth creators But than this, as the risk of runaway climate change grows, it shows how the rich are threatening the planet by banking on unsustainable growth Forcefully arguing that the crises of economy and climate can only be resolved by radical change, Sayer makes clear that we must make economies sustainable, fair, and conducive to well being for all.

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    • Best Read [Andrew Sayer] ↠ Why We Can't Afford the Rich || [Self Help Book] PDF ↠
      115 Andrew Sayer
    • thumbnail Title: Best Read [Andrew Sayer] ↠ Why We Can't Afford the Rich || [Self Help Book] PDF ↠
      Posted by:Andrew Sayer
      Published :2019-08-14T10:16:59+00:00

    About “Andrew Sayer

    1. Andrew Sayer says:

      Andrew Sayer Is a well-known author, some of his books are a fascination for readers like in the Why We Can't Afford the Rich book, this is one of the most wanted Andrew Sayer author readers around the world.



    2 thoughts on “Why We Can't Afford the Rich

    1. A very good introduction to everything that is wrong with our economy and the world. Since reading this book I've existed in a state of semi-permanent outrage. Just ask my friends!

    2. This was a tub thumping read. It provided some good ways of evaluating policies concerning tax policy in that it distinguishes productive contributions to society and those among us that get rich by extracting wealth, the so called rentiers. So the recent Tory policies around inheritance tax supports a society that collaborates with rentiers, in that it enables the children of the wealthy to inherit their income rather than earn it. It give some arguments to understand why the Tory party is the [...]

    3. Sayer provides a decent read with a lot of things to think about. There are many good points throughout the book linking consumption, inequality, and the impact that the new financial-product economy has had on society. It was more geared toward Great Britain than the U.S and it's more of a critical look at what's wrong and less a blueprint for how to fix the inequities of the system. The depressing point being, I guess, that the ones making the most money have no real incentive to change their [...]

    4. Many good points but so much false logic, and so many poor examples that by the time you've reached the 20% mark, you no longer care what he has to say. I still finished it, but it needs some serious editing.At one point, for example, to counter the neoliberal defence of paying interest on loans, he gives the example of a family taking out a loan to purchase Christmas gifts for their children. His argument being that to combat their shame and their children's lack of worth, the parents are coerc [...]

    5. Andrew Sayer’s book is a relentless, multi-sided attack on the fabulously rich people in our society and their neoliberal political supporters. Although I know little about Economics, I came away thinking the attack is justified. I have believed that for some time we westerners live not in a democracy but a plutocracy and this book only gave more substance to my fears. Sayer is an engaging author and his work is copiously footnoted. My only disappointments came towards the end of the book, whe [...]

    6. Interesting book if you're looking for an overview of the current state of the economy and why we're in the state that we're in. There wasn't anything in the book that I hadn't read elsewhere before so the book didn't offer any fresh perspective for me. However, I would, as i mentioned at the outset, recommend this book as a starting point. The author confesses at the start that he picks the best parts of economic thinking, so there is some Marx and Keynes scattered throughout the book, but the [...]

    7. This book starts out well, with a reasoned critique of the system which has allowed a tiny percent of the world's population to amass most of its wealth. However, when offering solutions it slips into discredited socialist solutions, most of which have already failed. Most radical, the author calls for the elimination of the payment of interest, pointing out it is already forbidden by Sharia law (a fine example!). What lending agency will give me a mortgage on my home if they can't collect inter [...]

    8. Received the book for free through First Reads. Basically this is a book evaluating the economic justifications of the rich in today's society. Not a bedside read for sure, but it is thought-provoking. Why are the rich here? Do the rich have a place in society? Some of it was a bit over my head and I didn't read it from cover to cover and while I may not agree with everything Sayer says, he does raise reasonable questions about the inequality of wealth in society.

    9. I agree with Andrew Sayer that we can't afford the rich people in this world. They "steal" from the poorer people in society and money rushes up to those who already have more than they need. The author also comes with some suggestions for changes in our society. The one that I think would be useful to start working on is making all employees shareholders in the company they work for and not allowing non-employees a share in the profits of the company.

    10. First glance quite an intimidating book. However, looks can be deceiving. A great read, really enjoyed it. I won't pretend I read much on economics, however, the first half read much like a book on economics; analysis of the banking crises, ownership of the product of wealth creation, assets and collateralised debt, etc. However, much of the rest read much like a discussion of society; plutocracy and the elite, a greener and more efficient society, etc. Really loved it.

    11. This was more pure political economy than I realized it was going to be. Just fair warning to those who might not have a grasp on that lingo and the data breakdowns presented.I enjoyed it though and it was nice to see the hard breakdowns of something that is a fairly "well, duh of course" topic that gets skimmed over and outright lied about by those looking to protect their own interests.

    12. Empieza bien, pero se va desinflando. Conviene leerlo, de todas formas. La primera parte, sobre la extracción de rentas, es fantástica.

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