A Foreign Affairs Best Book of the Year

“An intellectual excursion of a kind rarely offered by modern economics.”
—Foreign Affairs

Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty.

“A fantastic introduction to Piketty’s main argument in Capital, and to some of the main criticisms, including doubt that his key equation…showing that returns on capital grow faster than the economy—will hold true in the long run.”
—Nature

“Piketty’s work…laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.”
—Justin Wolfers, University of Michigan

Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power.

In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.
 

The story of how a biologically driven understanding of gender and sexuality became central to US LGBTQ+ political and legal advocacy.

Across protests and courtrooms, LGBTQ+ advocates argue that sexual and gender identities are innate. Oppositely, conservatives incite panic over “groomers” and a contagious “gender ideology” that corrupts susceptible children. Yet, as this debate rages on, the history of what first compelled the hunt for homosexuality’s biological origin story may hold answers for the queer rights movement’s future.

Born This Way tells the story of how a biologically based understanding of gender and sexuality became central to LGBTQ+ advocacy. Starting in the 1950s, activists sought out mental health experts to combat the pathologizing of homosexuality. As Joanna Wuest shows, these relationships were forged in subsequent decades alongside two broader, concurrent developments: the rise of an interest-group model of rights advocacy and an explosion of biogenetic and bio-based psychological research. The result is essential reading to fully understand LGBTQ+ activism today and how clashes over science remain crucial to equal rights struggles.

Young people are told that college is a place where they will “find themselves” by engaging with diversity and making friendships that will last a lifetime. This vision of an inclusive, diverse social experience is a fundamental part of the image colleges sell potential students. But what really happens when students arrive on campus and enter this new social world? The Cost of Inclusion delves into this rich moment to explore the ways students seek out a sense of belonging and the sacrifices they make to fit in.

Blake R. Silver spent a year immersed in student life at a large public university. He trained with the Cardio Club, hung out with the Learning Community, and hosted service events with the Volunteer Collective. Through these day-to-day interactions, he witnessed how students sought belonging and built their social worlds on campus. Over time, Silver realized that these students only achieved inclusion at significant cost. To fit in among new peers, they clung to or were pushed into raced and gendered cultural assumptions about behavior, becoming “the cool guy,” “the nice girl,” “the funny one,” “the leader,” “the intellectual,” or “the mom of the group.” Instead of developing dynamic identities, they crafted and adhered to a cookie-cutter self, one that was rigid and two-dimensional. Silver found that these students were ill-prepared for the challenges of a diverse college campus, and that they had little guidance from their university on how to navigate the trials of social engagement or the pressures to conform. While colleges are focused on increasing the diversity of their enrolled student body, Silver’s findings show that they need to take a hard look at how they are failing to support inclusion once students arrive on campus.

Our early ancestors lived in small groups and worked actively to preserve social equality. As they created larger societies, however, inequality rose, and by 2500 bce truly egalitarian societies were on the wane. In The Creation of Inequality, Kent Flannery and Joyce Marcus demonstrate that this development was not simply the result of population increase, food surplus, or the accumulation of valuables. Instead, inequality resulted from conscious manipulation of the unique social logic that lies at the core of every human group.

A few societies allowed talented and ambitious individuals to rise in prestige while still preventing them from becoming a hereditary elite. But many others made high rank hereditary, by manipulating debts, genealogies, and sacred lore. At certain moments in history, intense competition among leaders of high rank gave rise to despotic kingdoms and empires in the Near East, Egypt, Africa, Mexico, Peru, and the Pacific.

Drawing on their vast knowledge of both living and prehistoric social groups, Flannery and Marcus describe the changes in logic that create larger and more hierarchical societies, and they argue persuasively that many kinds of inequality can be overcome by reversing these changes, rather than by violence.

Economic inequality is at a record high in the United States, but public demand for redistribution is not rising with it. Meghan Condon and Amber Wichowsky show that this paradox and other mysteries about class and US politics can be solved through a focus on social comparison. Powerful currents compete to propel attention up or down—toward the rich or the poor—pulling politics along in the wake.

Through an astute blend of experiments, surveys, and descriptions people offer in their own words, The Economic Other reveals that when less-advantaged Americans compare with the rich, they become more accurate about their own status and want more from government. But American society is structured to prevent upward comparison. In an increasingly divided, anxious nation, opportunities to interact with the country’s richest are shrinking, and people prefer to compare to those below to feel secure. Even when comparison with the rich does occur, many lose confidence in their power to effect change. 

Laying bare how social comparisons drive political attitudes, The Economic Other is an essential look at the stubborn plight of inequality and the measures needed to solve it.
 

Thomas Piketty—whose Capital in the Twenty-First Century pushed inequality to the forefront of public debate—wrote The Economics of Inequality as an introduction to the conceptual and factual background necessary for interpreting changes in economic inequality over time. This concise text has established itself as an indispensable guide for students and general readers in France, where it has been regularly updated and revised. Translated by Arthur Goldhammer, The Economics of Inequality now appears in English for the first time.

Piketty begins by explaining how inequality evolves and how economists measure it. In subsequent chapters, he explores variances in income and ownership of capital and the variety of policies used to reduce these gaps. Along the way, with characteristic clarity and precision, he introduces key ideas about the relationship between labor and capital, the effects of different systems of taxation, the distinction between “historical” and “political” time, the impact of education and technological change, the nature of capital markets, the role of unions, and apparent tensions between the pursuit of efficiency and the pursuit of fairness.

Succinct, accessible, and authoritative, this is the ideal place to start for those who want to understand the fundamental issues at the heart of one of the most pressing concerns in contemporary economics and politics.

Why—contrary to much expert and popular opinion—more education may not be the answer to skyrocketing inequality.

For generations, Americans have looked to education as the solution to economic disadvantage. Yet, although more people are earning degrees, the gap between rich and poor is widening. Cristina Groeger delves into the history of this seeming contradiction, explaining how education came to be seen as a panacea even as it paved the way for deepening inequality.

The Education Trap returns to the first decades of the twentieth century, when Americans were grappling with the unprecedented inequities of the Gilded Age. Groeger’s test case is the city of Boston, which spent heavily on public schools. She examines how workplaces came to depend on an army of white-collar staff, largely women and second-generation immigrants, trained in secondary schools. But Groeger finds that the shift to more educated labor had negative consequences—both intended and unintended—for many workers. Employers supported training in schools in order to undermine the influence of craft unions, and so shift workplace power toward management. And advanced educational credentials became a means of controlling access to high-paying professional and business jobs, concentrating power and wealth. Formal education thus became a central force in maintaining inequality.

The idea that more education should be the primary means of reducing inequality may be appealing to politicians and voters, but Groeger warns that it may be a dangerous policy trap. If we want a more equitable society, we should not just prescribe more time in the classroom, but fight for justice in the workplace.

Wage stagnation, growing inequality, and even poverty itself have resulted from decades of neoliberal decision making, not the education system, writes Neil Kraus in his urgent call to action, The Fantasy Economy. Kraus claims the idea that both the education system and labor force are chronically deficient was aggressively and incorrectly promoted starting in the Reagan era, when corporate interests and education reformers emphasized education as the exclusive mechanism providing the citizenry with economic opportunity. However, as this critical book reveals, that is a misleading articulation of the economy and education system rooted in the economic self-interests of corporations and the wealthy.

The Fantasy Economy challenges the basic assumptions of the education reform movement of the last few decades. Kraus insists that education cannot control the labor market and unreliable corporate narratives fuel this misinformation. Moreover, misguided public policies, such as accountability and school choice, along with an emphasis on workforce development and STEM over broad-based liberal arts education, have only produced greater inequality.

Ultimately, The Fantasy Economy argues that education should be understood as a social necessity, not an engine of the neoliberal agenda. Kraus’ book advocates for a change in conventional thinking about economic opportunity and the purpose of education in a democracy.

One of the world’s leading experts on international trade explains that we must look beyond globalization to explain rising inequality.

Globalization is not the primary cause of rising inequality. This may come as a surprise. Inequality within nations has risen steadily in recent decades, at a time when countries around the world have eased restrictions on the movement of goods, capital, and labor. Many assume a causal relationship, which has motivated opposition to policies that promote freer trade. Elhanan Helpman shows, however, in this timely study that this assumption about the effects of globalization is more myth than fact.

Globalization and Inequality guides us through two decades of research about the connections among international trade, offshoring, and changes in income, and shows that the overwhelming conclusion of contemporary research is that globalization is responsible for only a small rise in inequality. The chief causes remain difficult to pin down, though technological developments favoring highly skilled workers and changes in corporate and public policies are leading suspects. As Helpman makes clear, this does not mean that globalization creates no problems. Critics may be right to raise concerns about such matters as cultural autonomy, child labor, and domestic sovereignty. But if we wish to curb inequality while protecting what is best about an interconnected world, we must start with a clear view of what globalization does and does not do and look elsewhere to understand our troubling and growing divide.

Inequality, per se, has been with us for millennia. With the creation, growth and deepening of Capitalism across the globe, inequalities take on new dimensions, unknown in previous eras. As Capitalism has spread its wings across the globe over the last 200 or so years, so inequalities have deepened and widened, both inside Nation Sates, between nation States. These inequalities are of income, wealth and of power.

This book, written by the widely respected economic historian Douglas Dowd at the age of 90, is notable for his own experience and vivid memory, of the 1929-31 recession. Since the 1980s, and the predominance of the present neo-liberal ideology, all of the inequalities that the book presents have grown rapidly. Written as a critique of the counter-productivity of growing economic inequality and vindicated by the present world banking crisis, Dowd presents a strong argument against capitalist expansion, exploitation and oligarchic rule.

Dowd's conclusions, that the globalization and growth of the financial sector will impact painfully upon hundreds of millions of people, unknown to most of us in our lifetime, Dowd's book deals with these issues from the unique perspective of inequality. Presenting both a history of the current crisis and an overview of it's, Inequality will appeal to both a broad general readership, and provides an extremely useful reference point for students of political economy, economic history, contemporary economics and global politics.

Winner of the Richard A. Lester Award for the Outstanding Book in Industrial Relations and Labor Economics, Princeton University

An Economist Best Economics and Business Book of the Year

A Financial Times Best Economics Book of the Year

Inequality is one of our most urgent social problems. Curbed in the decades after World War II, it has recently returned with a vengeance. We all know the scale of the problem—talk about the 99% and the 1% is entrenched in public debate—but there has been little discussion of what we can do but despair. According to the distinguished economist Anthony Atkinson, however, we can do much more than skeptics imagine.

“[Atkinson] sets forth a list of concrete, innovative, and persuasive proposals meant to show that alternatives still exist, that the battle for social progress and equality must reclaim its legitimacy, here and now… Witty, elegant, profound, this book should be read.”
—Thomas Piketty, New York Review of Books

“An uncomfortable affront to our reigning triumphalists. [Atkinson’s] premise is straightforward: inequality is not unavoidable, a fact of life like the weather, but the product of conscious human behavior.
—Owen Jones, The Guardian

An unprecedented account of social stratification within the US legal profession.

How do race, class, gender, and law school status condition the career trajectories of lawyers? And how do professionals then navigate these parameters?

The Making of Lawyers’ Careers provides an unprecedented account of the last two decades of the legal profession in the US, offering a data-backed look at the structure of the profession and the inequalities that early-career lawyers face across race, gender, and class distinctions. Starting in 2000, the authors collected over 10,000 survey responses from more than 5,000 lawyers, following these lawyers through the first twenty years of their careers. They also interviewed more than two hundred lawyers and drew insights from their individual stories, contextualizing data with theory and close attention to the features of a market-driven legal profession.

Their findings show that lawyers’ careers both reflect and reproduce inequalities within society writ large. They also reveal how individuals exercise agency despite these constraints.

An exploration of how and why American city governments delegated the responsibility for solving urban inequality to the nonprofit sector.
 
Nonprofits serving a range of municipal and cultural needs are now so ubiquitous in US cities, it can be difficult to envision a time when they were more limited in number, size, and influence. Turning back the clock, however, uncovers both an illuminating story of how the nonprofit sector became such a dominant force in American society, as well as a troubling one of why this growth occurred alongside persistent poverty and widening inequality. Claire Dunning’s book connects these two stories in histories of race, democracy, and capitalism, revealing how the federal government funded and deputized nonprofits to help individuals in need, and in so doing avoided addressing the structural inequities that necessitated such action in the first place.

Nonprofit Neighborhoods begins after World War II, when suburbanization, segregation, and deindustrialization inaugurated an era of urban policymaking that applied private solutions to public problems. Dunning introduces readers to the activists, corporate executives, and politicians who advocated addressing poverty and racial exclusion through local organizations, while also raising provocative questions about the politics and possibilities of social change. The lessons of Nonprofit Neighborhoods exceed the bounds of Boston, where the story unfolds, providing a timely history of the shift from urban crisis to urban renaissance for anyone concerned about American inequality—past, present, or future.
 

Ruth Milkman's groundbreaking research in women's labor history has contributed important perspectives on work and unionism in the United States. On Gender, Labor, and Inequality presents four decades of Milkman's essential writings, tracing the parallel evolutions of her ideas and the field she helped define.

Milkman's introduction frames a career-spanning scholarly project: her interrogation of historical and contemporary intersections of class and gender inequalities in the workplace, and the efforts to challenge those inequalities. Early chapters focus on her pioneering work on women's labor during the Great Depression and the World War II years. In the book's second half, Milkman turns to the past fifty years, a period that saw a dramatic decline in gender inequality even as growing class imbalances created greater-than-ever class disparity among women. She concludes with a previously unpublished essay comparing the impact of the Great Depression and the Great Recession on women workers.

A first-of-its-kind collection, On Gender, Labor, and Inequality is an indispensable text by one of the world's top scholars of gender, equality, and work.

China’s modern history has been marked by deep spatial inequalities between regions, between cities, and between rural and urban areas. These inequalities have variously been attributed to the dualistic economy of semi-colonialism, rural–urban division in the socialist period, and capital concentration in the reform era. In Pivot of China, Mark Baker argues that different states across twentieth-century China shaped these inequalities in similar ways, concentrating resources in urban and core areas at the expense of rural and regional peripheries.

Pivot of China tells this story through the city of Zhengzhou, one of the most dramatic success stories of China’s urbanization: a railroad boomtown of the early twentieth century, a key industrial center and provincial capital of Henan Province in the 1950s, and by the 2020s a “National Central City” of almost ten million people. However, due to the spatial politics of resource concentration, Zhengzhou’s twentieth-century growth as a regional city did not kickstart a wider economic takeoff in its hinterland. Instead, unequal spatial politics generated layers of inequality that China is still grappling with in the twenty-first century.

Profiles of triumph and hardship amid massive inequality in Latin America.

Each chapter of Portraits of Persistence, a project of the University of Texas Urban Ethnography Lab, offers an intimate portrait of one or two individual lives. The subjects are a diverse group of individuals from across the continent: grassroots activists and political brokers, private security entrepreneurs, female drug dealers, shantytown dwellers, and rural farmers, as well as migrants finding routes into and out of the region. Through these accounts, the writers explore issues that are common throughout today's world: precarious work situations, gender oppression, housing displacement, experiences navigating the bureaucracy for asylum seekers, state violence, environmental devastation, and access to good and affordable health care. Carefully situating these experiences within the sociohistorical context of their specific local regions or countries, editor Javier Auyero and his colleagues consider how people make sense of the paths their lives have taken, the triumphs and hardships they have experienced, and the aspirations they hold for the future. Ultimately, these twelve compelling profiles offer unique and personal windows into the region’s complex and multilayered reality.

A pioneering book that takes us beyond economic debate to show how inequality is returning us to a past dominated by empires, dynastic elites, and ethnic divisions.

The economic facts of inequality are clear. The rich have been pulling away from the rest of us for years, and the super-rich have been pulling away from the rich. More and more assets are concentrated in fewer and fewer hands. Mainstream economists say we need not worry; what matters is growth, not distribution. In The Return of Inequality, acclaimed sociologist Mike Savage pushes back, explaining inequality’s profound deleterious effects on the shape of societies.

Savage shows how economic inequality aggravates cultural, social, and political conflicts, challenging the coherence of liberal democratic nation-states. Put simply, severe inequality returns us to the past. By fracturing social bonds and harnessing the democratic process to the strategies of a resurgent aristocracy of the wealthy, inequality revives political conditions we thought we had moved beyond: empires and dynastic elites, explosive ethnic division, and metropolitan dominance that consigns all but a few cities to irrelevance. Inequality, in short, threatens to return us to the very history we have been trying to escape since the Age of Revolution.

Westerners have been slow to appreciate that inequality undermines the very foundations of liberal democracy: faith in progress and trust in the political community’s concern for all its members. Savage guides us through the ideas of leading theorists of inequality, including Marx, Bourdieu, and Piketty, revealing how inequality reimposes the burdens of the past. At once analytically rigorous and passionately argued, The Return of Inequality is a vital addition to one of our most important public debates.

Copy refers to RSF, Volume 9, issues 4 & 5

​Administrative burdens are the learning, compliance, and psychological costs that individuals incur during encounters with public services. While some burdens are created unintentionally, others are deliberately constructed as barriers to limit claims to programs and services. Often, burdens fall most heavily on marginalized groups, preventing them from resources they need. In this double issue of RSF public administration scholar Pamela Herd, economist Hilary Hoynes, political scientists Jamila Michener and Donald Moynihan, and an interdisciplinary group of contributors explore how administrative burdens shape inequality.
 
Issue 1 examines how administrative burdens impact Medicaid and health inequality, student loan repayment programs, and immigration to the U.S. Emily Rauscher and Ailish Burns find that combinations of reforms to reduce administrative burdens in the late 1980s increased Medicaid enrollment and improved infant health nearly as much as Medicaid expansion. Adam Goldstein and colleagues show that administrative burdens in enrolling in income-driven repayment student loan programs causes borrowers with lower socioeconomic status to be disproportionately excluded from these programs. Lilly Yu finds that dramatic changes to immigration law and policy during the Trump Administration led immigration lawyers to inadvertently exacerbate inequality among undocumented and vulnerable immigrants’ access to legal representation.
 
Issue 2 looks at the role of administrative burdens in experiences with child and family support programs, the child welfare system, disaster and housing relief programs, and housing support programs. Carolyn Barnes and colleagues find that mothers’ perceptions of the costs and benefits of participation in the Special Supplemental Nutrition Assistance Program for Women, Infants, and Children (WIC) vary over time and influence whether they choose to enroll or continue participating in the program. Ethan J. Raker and Tyler M. Woods find applications from poor communities of color for Federal Emergency Management Agency (FEMA) housing aid after Hurricanes Katrina and Rita were disproportionately denied or delayed due to burdensome program requirements and implementation. Stephanie Casey Pierce and Stephanie Moulton reveal that reforms to reduce administrative burden in foreclosure programs are associated with a significant increase in the rate of benefit receipt and decrease in the foreclosure rate. Frank Edwards and colleagues show child welfare system-involved parents must navigate considerable administrative burdens in order to retain custody of their children.
 
This volume of RSF sheds light on the origins, experiences, and consequences of administrative burdens.

Copy refers to RSF, Volume 9, issues 4 & 5

​Administrative burdens are the learning, compliance, and psychological costs that individuals incur during encounters with public services. While some burdens are created unintentionally, others are deliberately constructed as barriers to limit claims to programs and services. Often, burdens fall most heavily on marginalized groups, preventing them from resources they need. In this double issue of RSF public administration scholar Pamela Herd, economist Hilary Hoynes, political scientists Jamila Michener and Donald Moynihan, and an interdisciplinary group of contributors explore how administrative burdens shape inequality.
 
Issue 1 examines how administrative burdens impact Medicaid and health inequality, student loan repayment programs, and immigration to the U.S. Emily Rauscher and Ailish Burns find that combinations of reforms to reduce administrative burdens in the late 1980s increased Medicaid enrollment and improved infant health nearly as much as Medicaid expansion. Adam Goldstein and colleagues show that administrative burdens in enrolling in income-driven repayment student loan programs causes borrowers with lower socioeconomic status to be disproportionately excluded from these programs. Lilly Yu finds that dramatic changes to immigration law and policy during the Trump Administration led immigration lawyers to inadvertently exacerbate inequality among undocumented and vulnerable immigrants’ access to legal representation.
 
Issue 2 looks at the role of administrative burdens in experiences with child and family support programs, the child welfare system, disaster and housing relief programs, and housing support programs. Carolyn Barnes and colleagues find that mothers’ perceptions of the costs and benefits of participation in the Special Supplemental Nutrition Assistance Program for Women, Infants, and Children (WIC) vary over time and influence whether they choose to enroll or continue participating in the program. Ethan J. Raker and Tyler M. Woods find applications from poor communities of color for Federal Emergency Management Agency (FEMA) housing aid after Hurricanes Katrina and Rita were disproportionately denied or delayed due to burdensome program requirements and implementation. Stephanie Casey Pierce and Stephanie Moulton reveal that reforms to reduce administrative burden in foreclosure programs are associated with a significant increase in the rate of benefit receipt and decrease in the foreclosure rate. Frank Edwards and colleagues show child welfare system-involved parents must navigate considerable administrative burdens in order to retain custody of their children.
 
This volume of RSF sheds light on the origins, experiences, and consequences of administrative burdens.

A landmark in contemporary social science, this pioneering work by Thomas Piketty explains the facts and dynamics of income inequality in France in the twentieth century. On its publication in French in 2001, it helped launch the international program led by Piketty and others to explore the grand patterns and causes of global inequality—research that has since transformed public debate. Appearing here in English for the first time, this stunning achievement will take its place alongside Capital in the Twenty-First Century as a modern classic of economic analysis.

Top Incomes in France in the Twentieth Century is essential in part because of Piketty’s unprecedented efforts to uncover, untangle, and present in clear form data about patterns in tax and inheritance in France dating back to 1900. But it is also an exceptional work of analysis, tracking and explaining with Piketty’s characteristically lucid prose the effects of political conflict, war, and social change on the economic pressures and public policies that determined the lives of millions. A work of unusual intellectual power and ambition, Top Incomes in France in the Twentieth Century is a vital resource for anyone concerned with the economic, political, and social history of France, and it is central to ongoing debates about social justice, inequality, taxation, and the evolution of capitalism around the world.

Violence and Inequality explores the deep-time archaeological relationship between violence and inequality, focusing on prehistoric archaeology’s contribution to the understanding of the human dynamics among coercive force, aggression, and the state. Detailed archaeological case studies within a strong theoretical framework built from historical studies consider the role of coercive violence in trajectories toward complexity, how levels and types of violence can be traced alongside emerging wealth disparities, and the social role of violence.

The assumption that violence and its threat buttressed elite social control is now challenged from various perspectives. This volume incorporates new models of the relationship between violence and social inequalities into the archaeology of social complexity, building more complicated and nuanced understandings of how different modes of social violence can militate different types of social constitution. Contributions from a variety of methodological angles—such as the bioarchaeology of health and trauma and radiogenic isotope studies and the aesthetics of violence—use a comparative perspective, drawing on data from the Southwestern US, Bronze Age China, early dynastic Egypt, ancient Mesopotamia, Roman Britain, and the Andes.
 
Violence and Inequality offers an original and deep history of violence and inequality. Understanding the long-term intersection of violence and inequality and how they support or erode one another is of intrinsic importance, making this work significant to the study of archaeology, economic history, and collective action.
 

In a deeply unequal world, our economic status shapes our pursuit of virtue whether we have enough resources to live comfortably or struggle to survive

Our understanding of inequality as a moral problem is incomplete. It is not enough to say that inequality is caused by moral failing. We must also see that influence runs in both directions. Inequality harms people’s moral development.

In Wealth, Virtue, and Moral Luck, Kate Ward addresses the issue of inequality from the perspective of Christian virtue ethics, arguing that moral luck—our individual life circumstances—affects our ability to pursue virtue. Economic status functions as moral luck and impedes the ability of both the wealthy and the poor to pursue virtues such as prudence, justice, and temperance, and extreme inequality exacerbates the impact of wealth and poverty on virtue.

With these realities in mind, Ward shows how Christians and Christian communities should respond to the challenges inequality poses to virtue. Through working to change the structures that perpetuate extreme inequality—and through spiritual practices, including contentment, conversion, encountering others, and reminding ourselves of our ultimate dependence on God—Ward believes that we can create a world where all people can pursue and achieve virtue.