Gain The Haves And The Have-Nots: A Brief And Idiosyncratic History Of Global Inequality Engineered By Branko Milanović Rendered As Print

is the book with the famous "elephant graph", showing that globalization has mainly been a boon to the globally middleincome people people not in extreme poverty, but still quite poor in Western standards and the wealthy, while leaving the poorest of the poor and the Western middle classes especially lower middle class treading water or even worse off than before.


Therefore globalization is not "good" or "bad" per se: it is good for some people, less good for others, and bad for still others.


Milanovic has a good writing style and he presents his points with minimal padding, Thus, this book is surprisingly short for such a complex topic, but it's not unpleasantly dense, either, You rarely encounter information density this good,

If I had read this book when it first came out, this would've been a fivestar book, But now many of its ideas were already so familiar to me, it was hard to get excited about them anymore, But that is only a credit to this book: it has such good ideas they have spread beyond its covers, It was interesting to read a book on Globalization or should I say Global inequality in postbrexit, trump world, Globalization is the invisible force which affects our income, employment prospect, knowledge and our cost of living, The gain of globalization will be unevenly distributed,

Global inequality Sum of all national inequalities Sum of all gap in mean incomes among countries

According Branko Milanovic, we will continue to the below trends due to globalization.


. Rise of the "global middle class" whom are mostly located in china and other countries in "resurgent Asia"
, The stagnation of the groups in the rich countries that are gloablly welloff but nationally middle or lower middle class,
. Emergence of global plutocracy.

Effects on Rich countries:

, Top earners will make more money from cheap labors,
. Middle class will squeeze by automation and globalization,
. Continued polarization of the western world, Populism and Nativism will grow in Europe and US will become plutocratic society,
. National accounts will becomes less relevant and monetary policies will not be conducted by states, private monies such as Bitcoin may play a bigger role,

Effects on Resurgent countries:

, Although the globally inequality is decrease, there will be increase in income inequality with countries, In some years, there will not be rich Americans and poor Chinese, Instead there will be rich Americans and poor Americans, rich Chinese and poor Chinese, rich Russians and poor Russians,
. Horizontal inequality will not be solved by providing existential equalitypolicy followed in countries like India, Instead resurgent countries should focus on income inequality,

Effects on Individuals:

, People with scalable jobs will be the real winner of globalization, In these jobs where a person's same unit of labor can be sold many times,
. Chance and family background will play a much bigger role than ever before, A mi parecer, este es el mejor texto para entrar al tema de la desigualdad en el mundo, Escrito de forma brillante y de fácil lectura, el libro explica la magnitud de la desigualdad mundial, que peso tienen en ella las desigualdades al interior de los países y que peso tienen las desigualdades entre países.
Lo mejor, es que esas explicaciones las ilustra con breves "viñetas" que de forma creativa ilustran los temas más técnicos, Cada una de las viñetas es una joya en si misma pues haciendo uso de temas como la literatura, la historia y el fútbol Milanovic logra hacer patente la magnitud de la desigualdad, los efectos que esta tiene en la vida diaria y sobre la formulación de políticas públicas.
Es una gran introducción al tema para los no especialistas mientras que para quienes ya nos hemos adentrado en la temática se trata de un libro provocador por la forma tan creativa de Milanovic para estudiar el tema y presentar sus datos y por las preguntas que se plantea.
Lo recomiendo ampliamente. Initially when I saw the title I thought this book was going to be some pro Saul Alinsky dribble, but I saw my Economics professor reading while I was taking a test.
Due to my respect for him as a teacher and how much I enjoyed his class, I decided to check it out,

First, it's nothing like I thought it would be, It's quite refreshing to read something like this that presents facts and research in a straightforward method, After reading this I couldn't tell you exactly what side of the political spectrum Milanovic falls on and I like that, He gives you his findings and its up to you the reader to draw your own conclusions,

If you like economics and you like history than you will probably like this book, There is a wide array of vignettes that cover topics that range from capitalism vs socialism all the way to soccer, And for the most part it is written in a way that is readable to the layman, Mostly. At least in the beginning and middle, Toward the end I felt my brain beginning to melt and that may be because I tried to read too much at once or because it just seemed less interesting toward the end.
That's why I gave itinstead of, If I could have given it,I would have. Milanovic'in beş bölümden oluşan kitabı, seksenlerde başlayan neoliberal politikalar ve küreselleşme sonucu oluşan gelir eşitsizliği değişimini ele alıyor.

Satın alma gücüne çevrilmiş olan gelir verilerikullanılarak yapılan ayrıntılı analizlerin sonuçlarının ele alındığı kitapta, oldukça ilginç sonuçlar vurgulanmakta.

Küreselleşmenin ve küresel ekonomideki büyümenin sonuçlarınından hangi gelir kesimlerinin yararlandığı Fil eğrisi, geliri azalan kesimlerin gelir dağılımındaki şaşırtıcı yeri, ulusaluluslar arası eşitsizlikler ve Piketty'nin ".
yüzyılda kapital" çalışmasında da vurgulanan artan eşitsizlik sonucu olası senaryolar Milanoviç'in ele aldığı konular arasında, . .
Sürdürülemez olan eşitsizlikleri elbette Plütokrasi sürdürmeye çalışacaktır, Buna karşı,ne yapacak Demokratik mücadele hangi politikalarla sürdürülmelidir Bu soruları tartışan, düşünen okurlara önerilir, . . Branko Milanovics Global Inequality is an intense examination, though a relatively short book, of economic and political inequality in the developed world the OECD but focuses mostly on the West and not very closely on Asiawhich is one of the weaknesses of this otherwise compelling read.


The upshot of the book is that economic and political inequality will continue and in the wake of this political instability may well rise as well.
Milanovic, however, does not seem to take the next step with this instability and examine the ways in which the disenfranchised will fight back, The author does acknowledge populism and nativism, but not what must be the ultimate consequences of this: civil disobedience, crime, tax revolts, strikes, armed revolt, and insurrection.


If inequality continues, if Americans wake up one day and realize they are living not in a representative democracy but a plutocracy whos to say what will happen.
More than likely, the Hamptons will be stormed and the dead will litter the beaches, This is not something to look forward to, but it is what the world, not simply America, is heading for if global economic and political inequality is not brought under control.


Mr. Milonovic does not offer any suggestions as to how this will play out, that are believable, Here is the great weakness of the book and his other book, The Haves and the HaveNots, Unless someone comes up with a solution to this problem, and quickly, the world is heading into a very nearfuture Dark Age,

Not an upbeat message, for a decidedly downbeat book,

out ofStarsbecause no solutions were offered and the book was

a bit of a slog, Milanovic is the expert on global inequality, In this book he explains the effects of globalisation on global inequality, As most people know, the answer lies in the Elephant curve, So the poor people and middle class of the developing world has seen their wages went up, together with the global, Unfortunately, the middle class in the rich world has seen not much growth at all, In absolute terms, however, the gains in the middle were very small compared to the outsized gain of the! Despite all the economic growth, however, global inequality between countries had not really budged, unless population weighted inequality is taken into consideration, because most of the growth had come from Asia, eapecialy China.


Milanovic proposed the Kusnets Wave, The original Kusnets curve proposed by Kusnets in thes showed that at least for the rich world, inequality increased and then decreased as workers get rich and demand more rights politically.
However, he did not foresee that inequality in the rich world would increase again, The Kusnets Wave hypothesis states that inequality will rise again, as automation, globalisation and free market ideology work together, He agrees with Piketty that technology allows for the substitution of capital and machines for labor, and he does not see the new upward movement of inequality to abate any time soon in the rich world, as even the Nordic countries are having rising inequality.
For the developing countries, as they get richer, inequality rises dramatically, and then it might drop like what happened in the rich worldyears ago.
Or they might not!

Sobering for people in the rich world, Milanovic expects even more anger, nationalism and antiglobalisation in future as the stagnant middle class in the rich world shows their displeasure,

.