The Divide: American Injustice in the Age of the Wealth Gap Hardcover – Apr 8 2014
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“Ambitious . . . deeply reported, highly compelling . . . impossible to put down.”—The New York Times Book Review
“These are the stories that will keep you up at night. . . . The Divide is not just a report from the new America; it is advocacy journalism at its finest.”—Los Angeles Times
“[Matt] Taibbi is a relentless investigative reporter. He takes readers inside not only investment banks, hedge funds and the blood sport of short-sellers, but into the lives of the needy, minorities, street drifters and illegal immigrants, to juxtapose justice for the poor and the powerful. . . . The Divide is an important book. Its documentation is powerful and shocking.”—The Washington Post
“Captivating . . . The Divide enshrines its author’s position as one of the most important voices in contemporary American journalism.”—The Independent (UK)
“Taibbi [is] perhaps the greatest reporter on Wall Street’s crimes in the modern era.”—Salon
“[Taibbi’s] warning is all about moral hazard. . . . When swindlers know that their risks will be subsidized . . . they will surely commit more crimes. And when most of the population either does not know or does not care that the lowest socioeconomic classes live in something akin to a police state, we should be greatly concerned for the moral health of our society.”—The Wall Street Journal
“Trenchant . . . a scathing, accessible, and often riveting look at the U.S. finance industry and justice system.”—Publishers Weekly
“Readers with high blood pressure should make sure they’ve taken their medication before reading this devastating account of inequality in our justice, immigration, and social service systems. Taibbi’s chapters are high-definition photographs contrasting the ways we pursue small-time corruption and essentially reward high-level versions of the same thing.”—Kirkus Reviews (starred review)
About the Author
Matt Taibbi has been a contributing editor for Rolling Stone and the author of five previous books, including the New York Times bestsellers The Great Derangement and Griftopia. He lives in New Jersey.See all Product Description
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Top Customer Reviews
Taibbi lays out two tales. The first is of poor Americans, usually minorities, who are being arrested without cause in the hopes of the police finding something to charge them with. It's fishing at its worst. One poor individual gets arrested for blocking sidewalk traffic after standing outside his house, at 1 AM, after finishing his work shift. The police don't care. His defence lawyer tells him to take a plea ($50, no $25). The judge tells him to take a plea. Finally, it turns out that the charge is dismissed. But is that justice? Hauling an innocent man to court because he's young (-ish, ~30) and black and was standing outside is, well, insane. Another young homeless man (this one actually white) gets 42 days in jail for having half a joint in his pocket.
What about the people who finance the drug trade to the tune of billions of dollars? Well, HSBC was caught laundering money for the Russian mafia, for Mexican and Colombian drug cartels, for Iran, for North Korea, and for a bank with known ties to Al-Qaeda. BILLIONS of dollars. Caught red-handed. So how many days do the guilty here spend in jail? None. They get a fine of $1.9 billion dollars. Seem like a lot? It's not. That's one month's profits for breaking nearly every law regarding illegal banking and no one gets a sniff of jail time.Read more ›
Most recent customer reviews
Is Matt Taibbi a serious journalist now? Perhaps (or almost). This book tackles some important subjects and provides some good analysis of them. His account of the Lehman Bros. Read morePublished 15 months ago by ogilvie
An important book which one may find to suffer from a little too many wordsPublished 17 months ago by Jamil Azad
Matt Taibbi has got to be the very best investigative reporter working today. He is what all journalists should aspire too.Published 17 months ago by Eric Einarsson
I can see Matt Taibbi's point but his writing is lethargic and pedantic. And each example is similar to the prior example. Read morePublished 17 months ago by Eugen