Are the rich necessary? : great economic arguments and how they reflect our personal values /
Hunter Lewis.
- 1st ed.
- viii, 277 pages ; 21 cm.
Includes bibliographical references and index.
The central economic problem. Why are we still so poor? ; The appeal of science ; Economic arguments -- pt. 2: The rich. Are the rich necessary? -- pt. 3: The rich in a democracy. Are the rich compatible with democracy? -- pt. 4: Profit-making. Are private profits necessary? -- pt. 5: Profit-making and depressions -- Does the profit system cause depressions? -- pt. 6: The global profit system. Does global free trade destroy jobs? -- pt. 7: Glaring inequality. Are there alternatives to the profit system? ; Should we accept this degree of inequality? -- pt. 8: Greed. Does the profit system glorify greed? -- pt. 9: Government. Can government protect us from the excesses of the profit system? -- pt. 10: Central banks. Can central banks protect us from the excesses of the profit system and lead the economy? -- pt. 11: Four economic value systems. Competing economic value systems -- pt. 12: Reconciling opposing viewpoints. Expanding the non-profit sector -- Appendices -- A. What is a "fair" price? -- B. What exactly are profits? -- C. Did the U.S. Congress trigger the stock market bubble of the late 1990s?