Wealth, Poverty and Politics
| Company type | Book |
|---|---|
| Industry | Publishing |
| Founded | 2015 |
| Founder | Thomas Sowell |
| Products | Book |
| Parent | Basic Books |
Wealth, Poverty and Politics: An International Perspective is a work published in 2015 by American economist and social theorist Thomas Sowell, released through Basic Books with a revised edition appearing in 2016. In this book, Sowell questions the notion that economic equality is inherent, exploring the geographic, cultural, social, and political elements that contribute to wealth differences among various groups and countries.
Reception
The critical response to the book generally aligns with political viewpoints: it has garnered favor among conservative and right-leaning reviewers, whereas those with centrist or left-leaning perspectives tend to offer critiques.
Steven Pearlstein of The Washington Post challenged Sowell’s linking of black poverty to multicultural policies and welfare programs, contending that "ghetto culture" does not account for poverty among white populations. Pearlstein characterized the book as containing "numerous examples of overstatement" and observed Sowell’s seeming acceptance of income inequality, a point Sowell refuted in a reply published on Townhall.
A reviewer from Kirkus Reviews provided a nuanced evaluation, recognizing Sowell’s position that cultural elements play a crucial role in enhancing economic performance among underachieving groups. Although the review pointed out Sowell’s tendency to minimize opposing factors, it commended his critique of diversity proponents and progressive approaches to poverty.
Gary M. Galles writing for The Independent Review praised Sowell’s comprehensive examination underpinned by substantial evidence, emphasizing how unequal access to ideas and resources diminishes expectations of uniform productivity. Wes Vernon of The Washington Times described the book as a "measured yet forceful critique," highlighting Sowell’s extensive research efforts. Publishers Weekly appreciated Sowell’s straightforwardness and pragmatic insights. Economist Walter E. Williams expressed approval of the updated edition, particularly regarding disparities in earnings.
On the other hand, Reihan Salam from National Review offered criticism of Sowell’s evaluation of challenges faced by impoverished native-born black Americans, stressing that historical governmental shortcomings in protecting African Americans from violence represent a significant factor.