Inequality, Class, and Economics
Weight | 0.410000 |
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ISBN13/Barcode | 9781583679418 |
ISBN10 | 1583679413 |
Author | Schutz, Eric |
Binding | Paperback |
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Date Published | 24th February 2022 |
Pages | 310 |
Publisher | Monthly Review Foundation |
What if neoclassical economics addressed the question of class?
This accessible overview of economic theory launches this investigation The COVID-19 pandemic exposed the economic inequalities pervading every aspect of society— and then multiplied them to a staggering degree. A mere nine months into the lockdown, the net worth of the infamous Forbes 400 increased by one trillion dollars; In a single year the US poverty rate rose by the largest amount ever since record-keeping began sixty years ago. At the same time, mass unemployment imperiled or erased the fragile right to quality health care for a substantial number of people living in states without Medicaid. In Inequality, Class, and Economics, Eric Schutz illumines the pillars undergirding the monstrous polarities which define our times— and reveals them as the very same structures of power at the foundations of the class system under today's capitalism.