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But what if that narrative is wrong? What if the real threat to the American Dream isn't rising income inequality - but an all-out war on success?
In this timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we've been taught about inequality is wrong. You'll discover:
Why successful CEOs make so much money - and deserve to
How the minimum wage hurts the very people it claims to help
Why middle-class stagnation is a myth
How the little-known history of Sweden reveals the dangers of forced equality
The disturbing philosophy behind Obama's economic agenda.
The critics of inequality are right about one thing: The American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success - not pull down the high fliers in the name of equality.
Customer ReviewsMost Helpful
By Wayne on 12-30-16
While I agree with most of this book,...
...it is a rather shallow treatment of the economic philosophy it espouses. It has too much of pseudo-philosopher Ayn Rand and too little of far better theorists, free market economists, and political philosophers such as Fredrich Hayek, Ludwig von Mises, Jean-Baptiste Say, Walter Williams, Milton Friedman, or Thomas Sowell. For those who want a sound understanding without excessive theory,I recommend any of several books by Thomas Sowell who is the greatest living economist and political philosopher. Audible has approximately 25 of his books. The best place to start is Sowell's Economic Facts and Fallacies followed by Wealth, Power, and Politics and then A Conflict of Visions followed by Applied Economics and finally Dismantling America. Of course Hayek's The Road to Serfdom is mandatory.
The primary title of this book Equal is Unfair without the subtitle America's Misguided Fight Against Income Inequality is too clever by half. The basic point that we should have equality of opportunity rather than striving for equality of economic outcome is valid because achieving equality of economic outcome always leads to universal poverty. Where Ayn Rand and her two followers who wrote this book go wrong is by claiming government has no appropriate role in economic matters. They are dead wrong: the role of government is to establish the rules and apply them equally, without favor.
In my opening comment above I wrote that the approach of the authors of this book is rather shallow in their treatment of economic and political philosophy. I stand by that, but I will add that listening to this book is better than nothing. Fredrich Hayek and Ayn Rand were contemporaries. Hayek's classical political and economic liberalism makes a lot more sense than Rand's unworkable Objectivism which is a form of anarchy. Rand was a great novelist, but fails as a political philosopher. It is to the credit of the authors, both of whom work at the Ayn Rand Institute that they do not go all in with Objectivism.
If one purchases this audio book be certain to download the PDF file of charts/graphs some of which are excellent especially at demonstrating that real income has increased during the last 30 to 40 years. Jeff Cummings does a superb job of narration.
37 of 41 people found this review helpful
By Rob Stephens on 01-10-17
What did you like best about Equal Is Unfair? What did you like least?
If you expect this book to explain why equality is unfair you will probably be disappointed. The central theme seems to be "we are all better off than we were before so inequality doesn't matter, and may even be a myth". The authors jumble and cherry pick a bunch of facts and statistics to make their case. For example they blame the unions for the American car industry's decline in the 1970's, but chose to ignore the fact that the manufacturers failed to understand what consumers wanted and produce cars accordingly.
In fairness, the book description made it clear that the views expressed would be biased. I had hoped, however it would get beyond the level of propaganda, and provide some good ideas for thought - even if I disagreed with them.
20 of 22 people found this review helpful
Customer ReviewsMost Helpful
By I nearly did on 04-14-17
Such an important book
What made the experience of listening to Equal Is Unfair the most enjoyable?
The narration is excellent.
Who was your favorite character and why?
Which scene did you most enjoy?
Was this a book you wanted to listen to all in one sitting?
Any additional comments?
This is an important book and demonstrated unequivocally that the pursuit of equality damages the poor as much as the wealthy.
If you've read the Spirit Level you really should read this.
1 of 1 people found this review helpful
By Allan on 08-08-18
Know your enemy!
Interesting look at how those who champion equality are the real enemies of freedom for the individual.