Too Much Stuff

Where has capitalism gone wrong? Why do conventional policy solutions produce only wider income disparity and inequality? We now live in a new world in which we enjoy the highest living standard in history, acquiring ever more goods and services as necessary luxuries. Yet current policies only serv [...]
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Where has capitalism gone wrong? Why do conventional policy solutions produce only wider income disparity and inequality? We now live in a new world in which we enjoy the highest living standard in history, acquiring ever more goods and services as necessary luxuries. Yet current policies only serve to expand public debt and exacerbate socio-economic inequality. In Too much stuff, Yamamura suggests the only way for capitalism and democracy to thrive is to increase investment to meet societal needs and argues that this will help reduce the growing wealth gap which threatens global democracy. With convincing evidence from across the Western world, this bold book challenges the economic orthodoxy and offers practical steps forward that we can all support.