BOOK

Richer and more equal : a new history of wealth in the West

Waldenström, Daniel, 1974- author

2024

Overview

Once there were princes and peasants and very few between. The extremes of wealth and poverty are still with us, but that shouldn't blind us to the fact our societies have been utterly transformed for the better over the past century. As Daniel Waldenström makes clear in this authoritative account of wealth accumulation and inequality in the modern west, we are today both significantly richer and more equal. Using cutting-edge research and new, sometimes surprising, data, Waldenström shows that what stands out since the late 1800s is a massive rise in the size of the middle class and its share of society's total wealth. Unfettered capitalism, it seems, doesn't have to lead to boundless inequality. The key to progress was political and institutional change that enabled citizens to become educated, better paid, and to amass wealth through housing and pension savings.

• Publisher: Polity
• Subject: Wealth Western countries. / Equality Western countries. / Economic history 1750-1918. / Economic history 1918- / Economics. / Western countries Economic conditions 21st century.
• ISBN: 9781509557783

Item info:

1 item available

1 item total in all locations

Holdings :

Call Number	Copies	Material	Location
HC51 .W35 2024	1	BOOK	WAITINSERT