Winners Take All meets Nickel and Dimed in this provocative debunking of accepted wisdom, providing the pathway to a sustainable, survivable economy.
Confronted by the terrifying trends of the early twenty-first century — widening inequality, environmental destruction, and the immiseration of millions of workers around the world — many economists and business leaders still preach dogmas that lack evidence and create political catastrophe: Private markets are always more efficient than public ones; investment capital flows efficiently to necessary projects; massive inequality is the unavoidable side effect of economic growth; people are selfish and will only behave well with the right incentives.