| Description |
1 online resource (x, 128 pages) |
|
text file PDF |
| Physical Medium |
polychrome |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
This book explores the mechanisms by which top incomes are achieved through work in today's advanced economies and asks to what extent current extreme inequalities are compatible with widely held values of social justice. Reflecting on the heterogeneity of the working rich, the authors argue that very high earnings often result not from heightened competition induced by globalization but rather from a lack of competition, or at best deficient competition. It is proposed that such incomes cannot be justified in terms of efficiency or merit and do not generate positive trickle-down effects with benefits for all of society; rather, extreme inequalities in earnings risk jeopardizing equality of opportunity. The book concludes by offering a wide array of innovative policy prescriptions that are not punitive in intent and are not merely directed toward income redistribution. Readers will find the book to be a fascinating source of insights into the subject of the working rich, which remains largely unexplored within both economics and ethics. |
| Contents |
1 The planet of the rich: an exploration -- 2 The super-rich, competition and power -- 3 The super-rich: a matter of desert? -- 4 Extreme inequality, well-being, freedom -- 5 Why worry about the super-rich? The reasons and possible remedies. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Income distribution.
|
|
Income distribution. |
|
Social issues & processes. |
|
Political economy. |
|
Labour economics. |
|
Ethics & moral philosophy. |
|
BUSINESS & ECONOMICS -- Economics -- Macroeconomics. |
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POLITICAL SCIENCE -- Economic Conditions. |
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Economic policy. |
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Equality. |
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Ethics. |
|
Social policy. |
|
Social structure. |
|
Wealth. |
| Genre/Form |
Electronic books.
|
| Added Author |
Granaglia, Elena, 1954- author.
|
|
Raitano, Michele, author.
|
| Other Form: |
Print version: Franzini, Maurizio. Extreme Inequalities in Contemporary Capitalism. Cham : Springer International Publishing, ©2016 9783319288109 |
| ISBN |
9783319288116 (electronic book) |
|
3319288113 (electronic book) |
|
9783319288109 |
| Standard No. |
10.1007/978-3-319-28811-6 |
|
