Fr. 70.00

The Psychology Of Economic Inequality - Six Reasons Why We Are Failing to Challenge Great Inequalities of Income and Wealth

English · Hardback

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Description

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This open access book interrogates psychology's contributions to our understanding of economic inequality. In the UK, the US and in many other countries, a high level of economic inequality is now one of the major problems facing society, but it seems the political will to restore greater equality is slight. The purpose of this proposed book is, therefore, to develop a psychological understanding of how economic inequality is tolerated and justified. Do we, as citizens, understand how unequal our society has become? Are our beliefs in merit, desert, and individual autonomy standing in the way of dealing with the problem of high inequality? Is a conspiracy of the rich and powerful to blame, or have we simply accepted a distorted form of economic theory? Finally, what - if anything - can be done?
Including relevant insights from epidemiologists, economists, journalists, and others, this book provides an example to students and others of how psychology has relevance to some of the most pressing issues of our time. The UK is the central focus throughout, followed closely by the US and other high-income nations. All of the book's conclusions however should be of relevance for all countries and their citizens as divides between the economically better- and worse-off remain or worsen, with damaging effects for individuals and their communities.

List of contents

Chapter 1 Introduction.- Chapter 2 What is economic inequality? Inequalities of income and wealth.- Chapter 3 Distractions: poverty, mobility, and social class.- Chapter 4 Why it matters for individual health and well-being.- Chapter 5 Why it matters for collective well-being.- Chapter 6 Lack of awareness, system justification, and merit beliefs.- Chapter 7 Blaming and shaming, and the role of culture, mass media, and the educational system.- Chapter 8 Bad economics.- Chapter 9 Politics and the hidden nature of power.- Chapter 10 Toward a fairer society: standing up to economic inequality.

About the author

Jim Orford is Emeritus Professor of Clinical and Community Psychology at the University of Birmingham, UK. He is a longstanding, internationally recognised researcher and writer in the fields of community psychology and addiction.

Summary

This open access book interrogates psychology’s contributions to our understanding of economic inequality. In the UK, the US and in many other countries, a high level of economic inequality is now one of the major problems facing society, but it seems the political will to restore greater equality is slight. The purpose of this proposed book is, therefore, to develop a psychological understanding of how economic inequality is tolerated and justified. Do we, as citizens, understand how unequal our society has become? Are our beliefs in merit, desert, and individual autonomy standing in the way of dealing with the problem of high inequality? Is a conspiracy of the rich and powerful to blame, or have we simply accepted a distorted form of economic theory? Finally, what – if anything - can be done?
Including relevant insights from epidemiologists, economists, journalists, and others, this book provides an example to students and others of how psychology has relevance to some of the most pressing issues of our time. The UK is the central focus throughout, followed closely by the US and other high-income nations. All of the book’s conclusions however should be of relevance for all countries and their citizens as divides between the economically better- and worse-off remain or worsen, with damaging effects for individuals and their communities.

Product details

Authors Jim Orford
Publisher Springer, Berlin
 
Languages English
Product format Hardback
Released 10.07.2025
 
EAN 9783031855634
ISBN 978-3-0-3185563-4
No. of pages 245
Dimensions 148 mm x 18 mm x 210 mm
Weight 435 g
Illustrations XVII, 245 p. 6 illus.
Series Sustainable Development Goals Series
Subjects Humanities, art, music > Psychology

Power, Arbeits-, Wirtschafts- und Organisationspsychologie, Politik und Staat, Wirtschaftstheorie und -philosophie, Verhaltensökonomie, Behavioral Economics, Psychology, Open Access, income, Meritocracy, Wealth, Economic psychology, Political Psychology, Market Psychology, justification, philosophy of economics, Economic inequality

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