Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer

Baker, Dean

ISBN 10: 0692793364 / ISBN 13: 9780692793367

Published by Center for Economic and Policy Research, 2016

About this Item

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Bibliographic Details

• Title: Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
• Publisher: Center for Economic and Policy Research
• Publication Date: 2016
• Language: English
• ISBN 10: 0692793364
• ISBN 13: 9780692793367
• Binding: Soft cover
• Condition: very_good

About this title

Synopsis

There has been an enormous upward redistribution of income in the United States in the last four decades. In his most recent book, Baker shows that this upward redistribution was not the result of globalization and the natural workings of the market. Rather, it was the result of conscious policies that were designed to put downward pressure on the wages of ordinary workers while protecting and enhancing the incomes of those at the top. Baker explains how rules on trade, patents, copyrights, corporate governance, and macroeconomic policy were rigged to make income flow upward.

About the Author

Dean Baker is Co-Director of the Center for Economic and Policy Research (CEPR) in Washington, D.C., which he founded in 1999 with Mark Weisbrot. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare, and European labor markets. His blog, "Beat the Press," provides commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan.