The Inequality of Wealth

A wide-ranging and compelling account of the historical and current causes of wealth inequality, offering prescriptions for lasting solutions to an intractable problem, and for a more equitable distribution of wealth and resources. The super-rich have never had it so good. But millions of us can’t afford a home, an education or a pension. And unless we change course soon, the future will be even worse. Much worse. But things don’t have to be like this.'An invaluable repository of recent ideas put forward by academics and think-tankers.' – The Financial Times'Byrne is an engaging writer, and his latest book is full of ideas.' – The TelegraphIn this bold new book, former Treasury Minister Liam Byrne explains why wealth inequality has grown so fast in recent years; warns how it threatens our society, economy and politics; shows where economics has got it wrong – and lays out a path back to common sense, with five practical ways to rebuild an old ideal: the wealth-owning democracy. Liam Byrne draws on conversations and debates with former prime ministers, presidents and policymakers around the world, together with experts at the OECD, World Bank and IMF, to argue that after twenty years of statistics and slogans it’s time for solutions that aren’t just radical but plausible and achievable as well. The future won’t be a land of milk and honey but it could be a place where we live longer, happier, healthier and wealthier lives.