The Future of Capitalism series
Danny Dorling, Do We Need Economic Inequality? Steve Keen, Can We Avoid Another Financial Crisis? Malcolm Sawyer, Can the Euro be Saved?
polity
Copyright © Danny Dorling 2018
The right of Danny Dorling to be identified as Author of this Work has been asserted in accordance with the UK Copyright, Designs and Patents Act 1988.
First published in 2018 by Polity Press
Polity Press
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Cambridge CB2 1UR, UK
Polity Press
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Medford, MA 02155, USA
All rights reserved. Except for the quotation of short passages for the purpose of criticism and review, no part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher.
ISBN-13: 978-1-5095-1658-2
A catalogue record for this book is available from the British Library.
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Every effort has been made to trace all copyright holders, but if any have been inadvertently overlooked the publisher will be pleased to include any necessary credits in any subsequent reprint or edition.
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To Alison Dorling
Thanks are due to three anonymous referees, and Will Davies, David Dorling, Aniko Horvath and Terry Wrigley for comments on various drafts of this book. George Owers at Polity commissioned the book and also commented extensively and very positively on both earlier and later drafts. Rachel Moore very competently saw it through production, correcting many errors, and Caroline Burkitt proofread all the text. Miles Corak of the University of Ottawa, Andy Hood of the Institute for Fiscal Studies, Michael Clemence and Gideon Skinner of Ipsos Mori, and Peter Lindert of the University of California kindly gave permission for their figures to be redrawn for use in this book; and Adam Keefe drew up the first draft of figure 5.2. Ailsa Allan kindly drew up the final versions of Figures 5.1, 5.2, 5.3, 6.2, 6.3 and 8.1. Many others have pointed me towards much of the new material shown in these pages in various correspondences over recent years. I am grateful for a large number of emails and suggestions and apologize for not dutifully recording all this correspondence – often from people I had never before met. If you recognize a reference to a piece of pertinent information you have sent to me – thank you ever so much! As always, all help is gratefully received but all errors are my responsibility.