Customer Reviews for

The Price of Inequality: How Today's Divided Society Endangers Our Future

Average Rating 4
( 21 )
Rating Distribution

5 Star

(12)

4 Star

(4)

3 Star

(1)

2 Star

(1)

1 Star

(3)

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Most Helpful Favorable Review

17 out of 19 people found this review helpful.

Everyone should read this!!! It's time for American's to educate

Everyone should read this!!! It's time for American's to educate themselves about what's going on in our country.

posted by 4516110 on July 7, 2012

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Most Helpful Critical Review

4 out of 42 people found this review helpful.

Stilitz bends the truth around to reach his conclusions. Conveni

Stilitz bends the truth around to reach his conclusions. Conveniently likes to leave out facts. I am not buying it and I wished I never bought this book.

posted by 17129695 on July 4, 2012

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  • Posted December 25, 2012

    Insightful and thorough. I give it 4 stars instead of 5, howeve

    Insightful and thorough. I give it 4 stars instead of 5, however, because the author gets some facts wrong and tends to lump unrelated things together as worthy of condemnation. If you view the author as a sharp person who just borders on being an ideologue, then the book can be viewed in light of its source and can be taken for what it is. A few examples:
    (1) False statement: The author states that Reagan's tax cuts increased only the deficit, but not revenues: FALSE. Tax revenues soared during the '80s, along with GDP growth. Federal government spending just increased faster.
    (2) Another false statement: The author states that government today, pushed by "the rich", is too divided to do anything but lower taxes, and it cannot redistribute. FALSE. Taxes have increased in some respects, such as via healthcare reform, and at least the Federal government imposes progressive taxation and has various social programs, which redistributes money from the rich to the poor. Perhaps the Federal government is too divided to increase taxes or redistribution in the aggregate, but that's not what the author says.
    (2) Lumping things together: The author says that deregulation pushed by "the wealthy" is "shortsighed" and has caused "instability" in the US. Fine. The author then mentions deregulation of transportation as an example of that at the beginning of a long stretch of criticism of financial deregulation. Deregulation of railroads, for example, should not be treated in the same breath as deregulation of investment banks; the causes and results of both are far different, and when the author lumps them together, he comes across as a statist ideologue..

    4 out of 7 people found this review helpful.

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  • Anonymous

    Posted September 14, 2012

    Recommended reading!

    An excellent explanation of how wealth in America has been transferred from the Middle Class to the elite 1%,and why that transfer will continue unless policy is shifted from supply economics to demand economics.

    4 out of 4 people found this review helpful.

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  • Anonymous

    Posted July 27, 2012

    No text was provided for this review.

  • Anonymous

    Posted December 30, 2012

    No text was provided for this review.

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