New Book: Greed and Good

Posted by on June 26, 2004

[posted om Civic Values list]

America’s richest 1 percent now holds more wealth ? over $2 trillion more ? than America’s entire bottom 90 percent.

Should we care?

684 pp. ISBN 1-891843-25-7 $34.95 (hardcover)

Inequality: Our Heaviest Burden
A landmark new book tells why ? and what we can do to lift that load off

APEX Press Contact: Judi Rizzi

New York, N.Y.: A century ago, Americans feared ?and fought ? the towering concentrations of wealth they saw rising all around them.

Today, by contrast, our nation?s top elected leaders see absolutely no reason to challenge, or hardly even discomfort, America?s grand and growing concentrations of wealth.

That reluctance, Sam Pizzigati argues in his new Greed and Good, to be published July 1, endangers us all.

Over recent years, academics and activists the world over have generated a broad and often brilliant body of work that exposes just how concentrated wealth is poisoning everything we hold dear, from our health to our happiness, from our arts to our Earth.

In Greed and Good, author Sam Pizzigati brings together this critically important body of work, for the first time ever inside a single book, and builds upon it. His riveting pages make undeniably plain the horrific price we pay for accepting, as an inevitable given, wealth?s dominion.

?A generation ago, Michael Harrington?s The Other America inspired an entire nation to face up to poverty,? notes Ward Morehouse, the veteran publisher who directs The Apex Press. ?I believe Sam Pizzigati?s new Greed and Good can make an equally stunning impact ? on how America contemplates concentrated wealth.?

Greed and Good: Understanding and Overcoming the Inequality That Limits Our Lives takes readers on an eye-opening tour of nearly every aspect of modern American life.

In the workplaces where we labor and the communities where we live, author Pizzigati helps us understand, we feel the impact on inequality each and every day. Our nation?s ever-widening gaps between the wealthy and everyone else, he shows, are squeezing pride out of our professions, pleasure out of our pastimes, even years out of our lives.

This widening inequality, in return, offers us nothing significant of value. Greed and Good dissects and demolishes the old saws that apologists for inequality regularly trot out to justify the gaps that divide us. These gaps, Sam Pizzigati counsels, not only should be narrowed, they can be narrowed.

And just how? Greed and Good explores the most promising options for creating a less unequal America, then offers a practical political guide for moving forward on the boldest option of all, a ?maximum wage,? a national ceiling on annual individual income that would rise if and only if the minimum wage rose first.

?If all men and women are indeed created equal,? as author Sam Pizzigati makes so clear in Greed and Good, ?then any society that winks at the monstrously large fortunes that make some people decidedly more equal than others is asking for trouble.?

And trouble is what that society gets ? from Greed and Good.

The Apex Press is the publishing imprint of the Council on International and Public Affairs, a nonprofit research and education group founded in 1954. Office: Suite 3C, 777 United Nations Plaza, New York, NY 10017. On the Web: http://www.cipa-apex.org. E-mail: [email protected].