In "The Price of Inequality," Joseph E. Stiglitz argues that the deep-rooted disparities in society can often be traced back to the influence of power, particularly military power. This assertion highlights how those in authority are able to shape economic and social structures to their advantage, perpetuating a cycle of inequality. Stiglitz suggests that such imbalances not only affect those at the bottom of the societal ladder but also threaten stability and progress for everyone.

Stiglitz's examination reveals that the concentration of power leads to unfair advantages and systemic inequities that hinder overall societal development. By understanding the origins of these disparities, readers are encouraged to reflect on the relationship between power dynamics and economic inequality. The book emphasizes the necessity for reform to create a more equitable society, as persistent inequalities endanger democratic institutions and societal well-being.