Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
ISBN: 0692793364
EAN13: 9780692793367
Language: English
Pages: 258
Dimensions: 1.00" H x 9.00" L x 6.00" W
Weight: 1.00 lbs.
Format: Paperback

Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer

Book Overview
There has been an enormous upward redistribution of income in the United States in the last four decades. In his most recent book, Baker shows that this upward redistribution was not the result of globalization and the natural workings of the market. Rather, it was the result of conscious policies that were designed to put downward pressure on the wages of ordinary workers while protecting and enhancing the incomes of those at the top. Baker explains how rules on trade, patents, copyrights, corporate governance, and macroeconomic policy were rigged to make income flow upward.