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The 99% Book

  • 99%: Mass Impoverishment and How We Can End It

    Martin Wolf, Chief Economics Commentator for the Financial Times, chose 99% as one of his must-read books of 2019.

    He discusses all the books in this podcast.

    99%-book-paperback

    If you are part of the 99% – and there is a 99% chance that you are – then you are one of the first generation in living memory who can expect to be poorer than your parents, even as the economy continues to grow.

    And you could be quite a lot poorer. If we continue as we are going, the civilisation we enjoy today will not last until 2050. The income of the U.K.’s median wage-earner will have fallen almost half-way towards today’s poverty line. Buying their own house is already a distant dream for most young people; their wages are failing to keep pace with inflation; and ever more people are having to rely on food banks. Our age is one of chronic anxiety.

    If the economy is doing so well, how can most people not be doing well? If the pie is growing, why aren’t we all getting bigger slices? This book shows what we, the 99%, can do to end mass impoverishment and build a society worth living in: an age of abundance, in which everyone benefits.

    99% was written by Mark E Thomas.

Economics Project insights

The need for national renewal is clear and agreed. But there are serious disagreements about the type of economic policy that can deliver it. MPs need to know the facts.

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