EBOOK
About
Jonathan Rothwell is the principal economist at Gallup, a nonresident senior fellow at the Brookings Institution, and a visiting scholar at George Washington University. He lives in Washington, DC. Twitter @jtrothwell
Why political inequality is to blame for economic and social injustice
Political equality is the most basic tenet of democracy. Yet in America and other democratic nations, those with political power have special access to markets and public services. A Republic of Equals traces the massive income inequality observed in the United States and other rich democracies to politicized markets and avoidable gaps in opportunity-and explains why they are the root cause of what ails democracy today.
In this provocative book, economist Jonathan Rothwell draws on the latest empirical evidence from across the social sciences to demonstrate how rich democracies have allowed racial politics and the interests of those at the top to subordinate justice. He looks at the rise of nationalism in Europe and the United States, revealing how this trend overlaps with racial prejudice and is related to mounting frustration with a political status quo that thrives on income inequality and inefficient markets. But economic differences are by no means inevitable. Differences in group status by race and ethnicity are dynamic and have reversed themselves across continents and within countries. Inequalities persist between races in the United States because Black Americans are denied equal access to markets and public services. Meanwhile, elite professional associations carve out privileged market status for their members, leading to compensation in excess of their skills.
A Republic of Equals provides a bold new perspective on how to foster greater political and social equality, while moving societies closer to what a true republic should be. "Superb."---David Brooks, New York Times "A searching examination of the decline of democratic ideals in the face of inequality-racial, political, and economic. It is also striking on many counts, including its fluency in several branches of the social sciences beyond economics. The author resists easy characterization. There's something to ponder on every page. A sometimes-daunting but essential addition to the discussion of inequality and its remedies." "The book contains many surprises documented with scholarly research and statistical analyses. The fact that Rothwell is principal economist at Gallup and senior fellow at the Brookings Institution makes his approach and conclusions even more valuable-even if I don't always agree with him. I am not sure he will succeed selling the value of free markets to the left or, for that matter, to the right, but his book is well worth reading if one wants to think seriously about equality and inequality."---Pierre Lemieux, EconLib "This book is necessary, interesting, and at times surprising." "The rhetoric around the economy is too often used as a power play to tilt markets to advantage mostly white elites over everyone else. Cutting through this rhetoric involves another kind of power-the ability and courage to articulate how and why inequality exists. A Republic of Equals thoroughly reveals how racism, far-right nationalism, and xenophobia reward the 'winners' of economies as one might have you believe ingenuity, bootstrapping, and stick-to-itiveness do. Rothwell's work is so compelling that it forces readers to imagine a world in which hatred and bias don't put a drag on our collective potential."-Andre Perry, author of Know Your Price: Valuing Black Lives and Property in America's Black Cities "Jonathan Rothwell offers a remarkably lucid and trenchant account of the U.S. political economy, making the case that market societies don't just happen but are the result of political choices that render economic relations more or less egalitarian. Although his incisive analysis reveals how the rules of market competition have been rewritten i
Why political inequality is to blame for economic and social injustice
Political equality is the most basic tenet of democracy. Yet in America and other democratic nations, those with political power have special access to markets and public services. A Republic of Equals traces the massive income inequality observed in the United States and other rich democracies to politicized markets and avoidable gaps in opportunity-and explains why they are the root cause of what ails democracy today.
In this provocative book, economist Jonathan Rothwell draws on the latest empirical evidence from across the social sciences to demonstrate how rich democracies have allowed racial politics and the interests of those at the top to subordinate justice. He looks at the rise of nationalism in Europe and the United States, revealing how this trend overlaps with racial prejudice and is related to mounting frustration with a political status quo that thrives on income inequality and inefficient markets. But economic differences are by no means inevitable. Differences in group status by race and ethnicity are dynamic and have reversed themselves across continents and within countries. Inequalities persist between races in the United States because Black Americans are denied equal access to markets and public services. Meanwhile, elite professional associations carve out privileged market status for their members, leading to compensation in excess of their skills.
A Republic of Equals provides a bold new perspective on how to foster greater political and social equality, while moving societies closer to what a true republic should be. "Superb."---David Brooks, New York Times "A searching examination of the decline of democratic ideals in the face of inequality-racial, political, and economic. It is also striking on many counts, including its fluency in several branches of the social sciences beyond economics. The author resists easy characterization. There's something to ponder on every page. A sometimes-daunting but essential addition to the discussion of inequality and its remedies." "The book contains many surprises documented with scholarly research and statistical analyses. The fact that Rothwell is principal economist at Gallup and senior fellow at the Brookings Institution makes his approach and conclusions even more valuable-even if I don't always agree with him. I am not sure he will succeed selling the value of free markets to the left or, for that matter, to the right, but his book is well worth reading if one wants to think seriously about equality and inequality."---Pierre Lemieux, EconLib "This book is necessary, interesting, and at times surprising." "The rhetoric around the economy is too often used as a power play to tilt markets to advantage mostly white elites over everyone else. Cutting through this rhetoric involves another kind of power-the ability and courage to articulate how and why inequality exists. A Republic of Equals thoroughly reveals how racism, far-right nationalism, and xenophobia reward the 'winners' of economies as one might have you believe ingenuity, bootstrapping, and stick-to-itiveness do. Rothwell's work is so compelling that it forces readers to imagine a world in which hatred and bias don't put a drag on our collective potential."-Andre Perry, author of Know Your Price: Valuing Black Lives and Property in America's Black Cities "Jonathan Rothwell offers a remarkably lucid and trenchant account of the U.S. political economy, making the case that market societies don't just happen but are the result of political choices that render economic relations more or less egalitarian. Although his incisive analysis reveals how the rules of market competition have been rewritten i