In “The Great Divide,” Joseph Stiglitz continues the theme he began in the bestseller “The Price of Inequality”: he examines the relationship between consumer demand and competitive supply. With his characteristic blend of passion and clarity, the author challenges the position that inequality and the superiority of the wealthy are an inevitable axiom.
Stiglitz explores the economy from Reagan to the 2008 crisis, exposes neoliberal rules promoted by lobbyists and their destructive impact on society’s well-being.
The strategy the author proposes is based on the simplest law of economics: success is possible only when the curves of demand and supply coincide.