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Does the Richness of the Few Benefit Us All? — The Myth of Shared Prosperity

What happens when an economy grows richer, but prosperity becomes increasingly concentrated?

Welcome to Crisis in Perception, where we examine the systems shaping our world.

In Does the Richness of the Few Benefit Us All?, sociologist Zygmunt Bauman challenges the widely accepted belief that the enrichment of a small economic elite necessarily benefits society as a whole.

Drawing on research into inequality, social mobility, and consumer culture, Bauman investigates why economic growth can coexist with insecurity and unequal opportunity. He also examines how beliefs about competition…

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