Contents: 1. Introduction : plan and scope of the book -- 2. The future of capitalism -- 3. Why be concerned? inequality and instability -- 4. Sir Arthur Lewis' equalitarian vision -- 5. Piketty's narrative and the wealth tax -- 6. Can we "grow the middle class?" -- 7. Synthesis and extension --...

By combining recent research (especially that of Piketty and his associates) with established ideas (particularly from Sir Arthur Lewis), Roger McCain proposes policies that, together, would aim to reverse the observed tendency towards the concentration of wealth in market economies, thus...

"This work provides a new, comprehensive, and empirically grounded study of household incomes in China that critically examines the long-term rise and recent apparent decline in inequality. It covers incomes and inequality nationwide as well as separately in the urban and rural sectors, with...