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The velvet rope economy : how inequality became big business
This book is about more than business or economics. The rise of the Velvet Rope Economy threatens to worsen the divisiveness that plagues our politics and culture today. After all, if you never actually encounter people from a different class or social background, it’s much easier to demonize them. “With growing inequality, there is an attempt by the affluent to buy their way out of public spaces and services in favor of something better and often more exclusive,” said Michael J. Sandel, a professor of political philosophy at Harvard. Sandel examined these issues in his 2012 book, What Money Can’t Buy: The Moral Limits of Markets, and the trend has only gathered steam since then. As a result, he said, “it becomes harder to think of ourselves as citizens engaged in a common project and in a shared way of life. This has contributed to the growing polarization of American life and the erosion of community.”
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