Wealthy Americans have effectively championed the idea that their increasing wealth will somehow benefit society as a whole. This notion, which is essentially an economic fantasy, might not shock many, but the extent of its acceptance among the general population is indeed surprising. Promoters of this view have managed to convince a significant number of people that greater wealth for the few leads to prosperity for the many.

In "The Price of Inequality," Joseph E. Stiglitz delves into these socioeconomic disparities and the dangers they pose to society's future. He argues that the growing divide between the rich and the poor undermines the economic stability and social cohesion necessary for a healthy society. This book highlights the risks associated with accepting these flawed assumptions about wealth and its distribution, encouraging readers to critically assess the narratives surrounding inequality.