Globalization and Egalitarian Redistribution

Are pro-poor redistributive policies feasible in an increasingly integrated global
market economy? That is the key question posed in Globalization and Egalitarian
Redistribution. It is certainly a timely question. A recent United Nations University
report reveals, for example, that the richest one percent of adults in the world owned
40 percent of global household wealth in 2000 – and that 64 percent of these adults
lived in the United States and Japan. Meanwhile, the bottom 50 percent of the
world’s adults owned barely one percent of global assets. [1] Not only does the
book investigate an important issue, but also many of its talented authors have
made major contributions to left scholarship over the years. The book therefore
arouses a keen interest and high expectations.

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