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Mentioned in 1 episodes
Richer and More Equal
A New History of Wealth in the West
Book • 2024
Daniel Waldenström's "Richer and More Equal" challenges the conventional narrative of rising inequality in the West.
The book argues that the 20th century saw a significant increase in the middle class's wealth share, driven by institutional changes like expanded suffrage, education, and labor laws.
These reforms empowered workers, leading to increased productivity, savings, and homeownership.
Waldenström emphasizes the importance of popular wealth accumulation through housing and pensions in reducing inequality, contrasting this with the focus on capital destruction in previous analyses.
The book concludes by advocating for policies that promote wealth growth for the bottom and middle classes, rather than solely targeting the wealthy.
The book argues that the 20th century saw a significant increase in the middle class's wealth share, driven by institutional changes like expanded suffrage, education, and labor laws.
These reforms empowered workers, leading to increased productivity, savings, and homeownership.
Waldenström emphasizes the importance of popular wealth accumulation through housing and pensions in reducing inequality, contrasting this with the focus on capital destruction in previous analyses.
The book concludes by advocating for policies that promote wealth growth for the bottom and middle classes, rather than solely targeting the wealthy.
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Mentioned in 1 episodes
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Javier Mejia
A New History of Inequality | Daniel Waldenström with Javier Mejia
