TY - BOOK AU - Dowd,Douglas F. TI - Inequality and the global economic crisis / Douglas Dowd SN - 9780745329444 AV - HB3722 D745 I 2009 PY - 2009/// CY - New York PB - Pluto Press KW - Financial crises KW - Income distribution KW - Equality KW - Economic aspects KW - Globalization KW - Capitalism KW - Poverty KW - Big business N1 - HKBU Library N2 - Inequality has always been with us. With the growth of capitalism across the globe, inequalities of income, wealth and power became increasingly extreme. Written by economist Douglas Dowd, this book shows that the present banking crisis is the result of the growth of inequality across the globe. The expansion of the financial sector has brought incredible riches to a select few, at the expense of the majority. Inequality was ignored, or described as a necessary aspect of a booming global economy. With the collapse of the world markets, the fallacy of this position is clear. Inequality and the Global Economic Crisis shows how it is only by addressing inequality that we can secure the health of our economies in the future.--Publisher ER -