Why does the modern economy consist of two tracks: a fast one for the super-rich and a stalled one for everyone else? What decisions led to this split three decades ago, and were their goals realised? What is the cost of a two-track economy? Have the real solutions to the 2008-9 been missed?
This ground-breaking book, based on years of research, seeks to answer these questions and provide the hard evidence:
- for the economic case for dismantling the economy for the super-rich;
- that deregulation failed to deliver
innovation and economic revival;
- for new policies that avoid the looming permanent recession.
At a time when top investors such as Warren Buffett call for an end to the coddling of billionaires, this urgent and provocative book provides a new way of thinking for ending the economic deadlock.
Stewart Lansley is a writer and economic consultant. After university he became an academic economist holding research posts at the National Institute of Economic and Social Research and the Centre for Environmental Studies specialising in poverty, inequality and wealth.He has also taught at the Universities of Reading and Brunel. He then moved into television journalism, producing many television series including Breadline Britain, Death of Apartheid, Kenyon Confronts and Food Junkies. He holds awards from the BFI, the New York TV and Film Festival, Sony, Amnesty and was nominated for a do...
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