The Triumph of Injustice

According to Emmanuel Saez and Gabriel Zucman – professors of economics at the University of California, Berkeley –the United States has unlearned one of its most useful lessons: that the rich earn income on their capital and that if sufficient taxes don’t come out of their pockets, they get richer and richer. The eye-opening data in Saez and Zucman’s comprehensive work show that, for free market capitalism to survive, America needs a more effective, more progressive tax system. Saez and Zucman may not convince everyone, but their perceptive book could prompt many readers to rethink their views on capitalism, inequality and taxation.

Accordingly, David Leonhardt of The New York Times called this “the most important book on government policy that I’ve read in a long time.” The Guardian found it “a bracing and brave formulation of a radical new approach to public funding.”