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The Origins and Dynamics of Inequality Jon D. Wisman (Professor of Economics, Professor of Economics, American University)

The Origins and Dynamics of Inequality By Jon D. Wisman (Professor of Economics, Professor of Economics, American University)

The Origins and Dynamics of Inequality by Jon D. Wisman (Professor of Economics, Professor of Economics, American University)


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Summary

In The Origins and Dynamics of Inequality, Jon Wisman provides a re-interpretation of economic history and society. He argues that the struggle over income, wealth, and privilege-inequality-has been the principal, defining issue in human history and provides a novel framework for understanding inequality today.

The Origins and Dynamics of Inequality Summary

The Origins and Dynamics of Inequality: Sex, Politics, and Ideology by Jon D. Wisman (Professor of Economics, Professor of Economics, American University)

Argues that the struggle over income, wealth, status and privilege-inequality-has been the principal, defining issue in human history and provides a novel framework for understanding inequality today Whereas President Barack Obama declared inequality as the defining issue of our time, in The Origins and Dynamics of Inequality, Jon D. Wisman claims more: it is the defining issue of all human history. The struggle over inequality has been the underlying force driving human history's unfolding. Drawing on the dynamics of inequality, Wisman re-interprets economic history and society. Beyond according inequality the central role in history, this book is novel in two other respects: First, transcending the general failure of social scientists and historians to anchor their work in explicit theories of human behaviour, this book grounds the origins and dynamics of inequality in evolutionary psychology, or more specifically, Darwin's theory of sexual selection. Second, this book accords central importance to ideology in legitimating inequality, a role typically inadequately addressed by social scientists and historians. Because of the central role of inequality in history, inequality's explosion over the past forty years has not been an anomaly. It is a return to the political dynamics by which elites have, since the rise of the state, taken practically everything for themselves, leaving all others with little more than the means with which to survive. Due to elites' persuasive ideology, even after workers in advanced capitalist countries gained the franchise to become the overwhelming majority of voters, inequality continued to increase. Sweeping and provocative, Jon D. Wisman presents a fresh perspective on why economic inequality exists and how its dynamics have shaped human history.

The Origins and Dynamics of Inequality Reviews

The Origins and Dynamics of Inequality is an important book. Wisman's analysis of the forces that shaped inequality in different periods is insightful. Extreme material inequality in human society has existed for over 5,000 years. It is still egregious in present day economically developed and democratic societies. The better we understand it, the more hope there is of mitigating it. * Samuel Clark, Sociology Inquiry *
If we want more than just a more equitable distribution of resources, if we want sustainable prosperity for the world, we ignore [this] important and readable [book] at our peril. * Richard Wilkinson & Kate Pickett, Nature *
...the arguments are excitingly new and largely persuasive. The book is also a terrific read. It builds the inequality narrative on a deep human impulse, foregrounds culture, and unlike stories that place excessive weight on industrial capitalism, builds a story that acknowledges many transitions and suggests a way to relate these. * Tirthankar Roy, EH.Net *
i?In sum, our biology condemns the human race to be competitive and acquisitive and only with concerted effort to build institutions that can fine tune the impact of its innate nature could it succeed in containing rent-seeking and creating a more egalitarian future. These interdisciplinary arguments are presented in great detail with many innovative ideas. This large- vision book deserves to be read by anyone interested in the nature and rise of inequality; in other words, it should be on all of our bookshelves in easy reach. * John Komlos, Professor Emeritus, University of Munich, Real-World Economics Review *
The Origins and Dynamics of Inequality tackles the two problems head-on, with a rich analytical narrative that needs 500-odd pages to build a connected history. Two ideas hold this project together. First, inequality stems from an impulse to corner the good things in life. The deepest and oldest impulse is biological, to win the competition for sexual partners and be successful in the evolutionary game. This, the biological root, is largely forgotten because we get carried away by the forms that power takes...The biological root of inequality, and the elite conversion of economic power into political power by cultural-ideological means, run through the book as two connecting threads. * Tirthankar Roy, Professor of economic history at the London School of Economics and Political Science, EH.Net *

About Jon D. Wisman (Professor of Economics, Professor of Economics, American University)

Jon D. Wisman is Professor of Economics at American University in Washington, D.C. He served as President of the Association for Social Economics in 2002 and has twice been selected by American University as the Outstanding Teacher of the Year. He was also a recipient of the 2023 Veblen-Commons Award, in recognition of his significant contributions to the evolutionary institutional economics.

Table of Contents

Preface Acknowledgments Chapter One: Introduction: Inequality, Sex, Politics, and Ideology Chapter Two: Blame it on Sex Chapter Three: From Aboriginal Equality to Limited and Unstable Inequality Chapter Four: The Dynamics of Religious Legitimation Chapter Five: The State, Civilization, and Extreme Inequality Chapter Six: The Critical Break: The Bourgeiosie Unchained Chapter Seven: Theological Revolution and the Idea of Equality Chapter Eight: The Shift Toward Secular Ideology Chapter Nine: Workers Gain Formal Political Power Chapter Ten: From American Exceptionalism to the Great Compression Chapter Eleven: Simon Kuznets' Happy Prognosis Crushed in an Ideological Coup Chapter Twelve: Inequality, Conspicuos Consumption, and the Growth Trap Chapter Thirteen: The Problem is Inequality, not Private Property and Markets Chapter Fourteen: What Future for Inequality? Bibliography Index

Additional information

NGR9780197575949
9780197575949
0197575943
The Origins and Dynamics of Inequality: Sex, Politics, and Ideology by Jon D. Wisman (Professor of Economics, Professor of Economics, American University)
New
Hardback
Oxford University Press Inc
2022-10-12
528
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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