The Political Economy of Inequality

The disparity in wealth both within and between nations has grown rapidly in recent years, and is becoming an increasingly significant issue in attempts to deal with environmental problems -- from international negotiations over climate change to local concerns about environmental justice.The Political Economy of Inequality offers an in-depth examination of the economic theory behind the causes, consequences, and cures for inequality. The volume brings together disparate analyses of inequality in economic and related fields, identifies areas where more work is most needed, and lays the groundwork for an integrated understanding of the causes and consequences of inequality in the United States and the world.Sections cover: the distribution of earnings the distribution of wealth celebrity and CEO incomes the effects of corporate power poverty, inequality, and power household roles and family structure skills, technology, and education categorical inequalities, such as those based on race, gender, or ethnicity inequality on a global scale the welfare state The book is the fifth in the six-volume Frontier Issues in Economic Thought series. Each volume offers two- to three-page summaries of the most notable articles and chapters in a frontier area where important new work is being done but has not yet been incorporated into the standard definition of economics. Introductory essays by the editors review the field, cite other literature that was not summarized, and situate the summarized articles within an overview of the subject.As with the other volumes in the series, The Political Economy of Inequality offers an invaluable overview of an emerging field of economics and is a uniquereference for students and scholars concerned with economic policy, social economics, work and labor issues, international and sustainable development, or related topics.