Against inequality the practical and ethical case for abolishing the superrich / Tom Malleson.

Author/creator Malleson, Tom
Other author Oxford University Press.
Format Electronic
Publication InfoNew York, NY : Oxford University Press, [2023]
Description335 pages : illustrations ; 24 cm
Supplemental ContentFull text available from Oxford Scholarship Online
Subjects

Contents Introduction -- Is it Feasible to Reduce Inequality? Income Tax and Market Regulations -- Is it Feasible to Reduce Inequality? Wealth Taxes and Tax Havens -- Should We Aim for High Taxes and Low Inequality? Weighing Costs and Benefits -- Do Rich People Deserve Their Income? -- Do the Skilled and Hard Working Deserve More Than Others? -- Does Voluntary Exchange of Private Property Justify Inequality? -- How Much Inequality is Acceptable? The Case for Maximum Limits on Income and Wealth -- Conclusion.
Abstract "Elon Musk, the CEO of Tesla and the richest person in the world, currently possesses $270 billion dollars. An average American worker would have to work for seven-and-a-half million years to earn this much. To put the matter the other way round, the total amount of money that a typical American will earn in their whole life - after, say, forty years of work - is the same as would be earned by Musk in just fourteen minutes. During the first six months of the COVID-19 pandemic, 250,000 Americans died and 20 million lost their jobs in the worst economic crisis since the Great Depression, yet the country's 614 billionaires saw their wealth actually increase by a third, from $2.95 trillion to almost $4 trillion (Manjoo, 2020). Across the world, the richest eight individuals possess the same amount of wealth as half the entire planet - three and a half billion people (Oxfam, 2017). Never across the entire expanse of human history has such a level of inequality been seen before"-- Provided by publisher.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2022054521
ISBN9780197670408 (Paperback)
ISBN9780197670392 (Hardback)
ISBN(epub)

Availability

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Electronic Resources Access Content Online ✔ Available