In his book "The Price of Inequality," author Joseph E. Stiglitz explores the concept of wealth creation versus wealth redistribution. He emphasizes that individuals can achieve wealth through two main avenues: by generating new wealth or by extracting it from others. This distinction highlights the dynamics of economic systems and the societal implications of wealth accumulation.

Stiglitz’s assertion underscores the complexities of wealth distribution and the issues arising from inequalities in society. By emphasizing these two methods, he prompts readers to consider the moral and economic consequences of their approaches to wealth, ultimately critiquing the structures that often favor the transfer of wealth at the expense of others.