Fault Lines of Inequality : COVID 19 and the Politics of Financialization by ...

Springer Nature Switzerland AG

Explore the profound impact of COVID-19 on economic inequality in the UK with "The Fault Lines of Inequality: COVID 19 and the Politics of Financialization." This insightful hardback delves into how government decisions, austerity measures, and financialization have widened social divisions. Discover the 'Privatized Keynesianism' and 'Asset Economy' models and understand why asset-holders were prioritized over the asset-less during the pandemic. Authored by Huw Macartney, Johnna Montgomerie, and Daniela Tepe, this book challenges readers to reconsider the morality of inequality and advocate for a more sustainable, caring, and prosperous society. Perfect for policymakers, academics, and the informed public seeking to understand and address systemic economic disparities. This book critically examines the UK government's policies during the COVID-19 pandemic and their role in exacerbating economic inequality. It analyzes the long-term effects of austerity, asset-based welfare, and financialization, presenting a compelling argument against the prevailing economic assumptions. The authors offer a nuanced perspective on resource allocation and its consequences, urging a shift towards more equitable and sustainable societal structures. Keywords: Inequality, COVID-19, UK Politics, Financialization, Austerity, Economic Policy, Hardcover Book, Huw Macartney, Johnna Montgomerie, Daniela Tepe, Palgrave Macmillan.