The Price of Inequality

When wealth tilts the rules, democracy itself is the cost.

In The Price of Inequality, Nobel Prize winning economist Joseph Stiglitz delivers a sharp, uncompromising examination of one of the most pressing crises of our time: the widening gap between the wealthy elite and the struggling majority. With clarity and precision, he unpacks how the concentration of wealth isn’t merely an economic imbalance but a distortion of political power, eroding fairness, opportunity, and the very idea of a shared social contract.

Stiglitz reveals how inequality is not an inevitable outcome of market forces, but a result of deliberate policy choices, rigged systems, and entrenched interests. From tax codes that favor billionaires to financial markets engineered to protect profit over people, he exposes the hidden mechanics of a society where the game is fixed. His analysis cuts through political rhetoric to show how inequality stifles innovation, undermines trust, and slows growth, hurting not only the poor but the health of nations themselves.

With persuasive authority, Stiglitz makes the case for a different path: one where governments, institutions, and individuals reclaim agency to build economies that reward fairness rather than exploitation. Both a diagnosis and a call to action, The Price of Inequality stands as a wake-up call for anyone who believes that democracy, justice, and shared prosperity are worth fighting for.

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