Introduction -- Toward a more dismal economy -- Exploitation and market power -- America at war with itself over globalization -- Finance and the American crisis -- The challenge of new technologies -- Why government? -- Reconstructing American politics and economics : the way forward -- Restoring democracy -- Restoring a dynamic economy with jobs and opportunity for all -- A decent life for all -- Reclaiming America -- Acknowledgments -- Notes -- Index

We all have the sense that the American economy--and its government--tilts towards big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn't done, new technologies may make matters worse, increasing inequality and unemployment.-- From jacket