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Economics of Belonging (eBook)

A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All

Martin Sandbu (Autor)

eBook Download: PDF | EPUB

2022
304 Seiten
Princeton University Press (Verlag)
978-0-691-23952-1 (ISBN)

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A radical new approach to economic policy that addresses the symptoms and causes of inequality in Western society todayFueled by populism and the frustrations of the disenfranchised, the past few years have witnessed the widespread rejection of the economic and political order that Western countries built up after 1945. Political debates have turned into violent clashes between those who want to "e;take their country back"e; and those viewed as defending an elitist, broken, and unpatriotic social contract. There seems to be an increasing polarization of values. The Economics of Belonging argues that we should step back and take a fresh look at the root causes of our current challenges. In this original, engaging book, Martin Sandbu argues that economics remains at the heart of our widening inequality and it is only by focusing on the right policies that we can address it. He proposes a detailed, radical plan for creating a just economy where everyone can belong.Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far. Rather, technological change and flawed but avoidable domestic policies have eroded the foundations of an economy in which everyone can participate-and would have done so even with a much less globalized economy. Sandbu contends that we have to double down on economic openness while pursuing dramatic reforms involving productivity, regional development, support for small- and medium-sized businesses, and increased worker representation. He discusses how a more active macroeconomic policy, education for all, universal basic income, and better taxation of capital could work together for society's benefit.Offering real answers, not invective, for facing our most serious political issues, The Economics of Belonging shows how a better economic system can work for all.

Erscheint lt. Verlag	17.5.2022
Zusatzinfo	18 b/w illus.
Sprache	englisch
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Ability to pay • after-tax income • aggregate demand • americans • Andrew Yang • Angus Deaton • Anne Case • antiglobalization • A Republic of Equals • asset • Austerity • authoritarianism • Bank for International Settlements • Bargaining Power • Barry Eichengreen • basic income • Behavioral Economics • Bond Market • Boris Johnson • Brexit • Capital Gain • Capitalism • Central Bank • Centre-left politics • Centre-right politics • Chapter 9 • China Shock • collective bargaining • Competition • Competition (economics) • Competition regulator • Concrete Economics • consumer • Consumption (Economics) • corporate tax • Cost • Cost Accounting • Credit (finance) • Cultural Backlash • Dani Rodrik • David Blanchflower • Deaths of Despair • debt • Debt Restructuring • debt traps • Deficit Spending • deindustrialization • Deregulation • developed country • disadvantage • dividend • domestic policy • Donald Trump • economic forces • Economic Geography • Economic Growth • Economic indicator • Economic Inequality • Economic Integration • Economic Policy • economic recovery • Economics • economic surplus • economist • economy • Economy of the United States • Employment • Empowerment • Entrepreneurship • Eric Kaufmann • expected value • Finance • Financial Crisis • Financial crisis of 2007–08 • financialization • Financial Services • Financial Times • financier • Fiscal Space • Free Trade • Funding • Globalization • Government budget • government spending • Great Recession • Gross Domestic Product • gross income • Historical sociology • Human Capital • Immigration • Incentive • income • income distribution • Industrialization • Industrial society • Industry • Infrastructure • Insider • Institution • Insurgency • Intellectual Property • Interest Rate • International finance • International Monetary Fund • Investment • Investor • J. Bradford Delong • Jonathan Rothwell • jon haidt • Journal of Economic Perspectives • labor markets • Labor Productivity • Labour Economics • Liberalism • Macroeconomics • Make America Think Harder • Manufacturing • Market Concentration • Market (economics) • Market Economy • market liquidity • Measures of national income and output • Meritocracy • Michael Gove • minimum wage • monetary policy • NAFTA • Net Worth • new economics foundation • Nigel Farage • not left or right • Not Working • Organisation for Economic Co-operation and Development • Organizing (management) • Payment • Pippa Norris • Politician • Politics • Populism • Populists • Poverty • Productivity • Property Tax • protectionism • Provision (accounting) • Public Finance • Radicalism (historical) • real estate economics • real wages • Recession • Rent-Seeking • Requirement • Robert Wuthnow • Ronald Inglehart • saving • Secondary sector of the economy • Security (finance) • Small Business • Social Class • social competence • Social Market Economy • Social mobility • Social Order • Stephen Cohen • Stock • Subsidy • Supply (economics) • supply-side economics • tariffs • Tax • tax credit • Tax Cut • tax haven • Tax Incidence • Taxing wealth • Taxpayer • Tax Policy • Tax Rate • Tax Reform • tax revenue • Technological Change • Technology • The Left Behind • The Populist Temptation • Trade Union • Underwriting • Unemployment • Valuation (finance) • Value (economics) • Voting • wage • Wealth • wealth tax • welfare • Welfare reform • welfare society • Welfare State • Western World • Whiteshift • World Bank Group • World Economy • Writing
ISBN-10	0-691-23952-5 / 0691239525
ISBN-13	978-0-691-23952-1 / 9780691239521

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