In "The Price of Inequality," Joseph E. Stiglitz explores the growing economic divide in society and its detrimental effects on democracy and overall well-being. He argues that wealth concentration leads to political power being misused, impacting policies that worsen inequality. Stiglitz emphasizes how a few wealthy individuals often benefit from state assets acquired at significantly low prices, further entrenching an unequal economic system.

The quote about the ease of becoming rich through state asset acquisition highlights the inherent flaws in a capitalist system where opportunities are not equitable. Stiglitz suggests that such practices not only hinder social mobility but also create a cycle that perpetuates inequality, ultimately posing a threat to societal stability and progress. The book calls for reforms to address these injustices and promote a more equitable wealth distribution.