The Velvet Rope Economy

How Inequality Became Big Business

Nelson Schwartz
AUD $22.99

A gripping expose of the way inequality is built into our everyday world - and who profits.

In nearly every realm of daily life there is an invisible velvet rope that divides how we live. On one side, appointments are secured, queues are skipped and doors are opened. On the other, people fight for an empty seat on the plane, a place in line at a theme park or even a medical exam.

Schwartz shows how business innovators have stepped in to exploit the gap between the rich and everyone else, shifting services away from the masses and finding new ways to profit by serving the privileged. The frictionless world of VIP experiences seems like good business, but as this model expands, the costs are mounting. Schwartz's gripping account takes us on a glittering, behind-the-scenes tour of this new reality - and shows the toll the velvet rope divide is taking on society.

Author bio:

Nelson Schwartz has been a writer at the New York Times for a decade and covers economics. Before that, he wrote about Wall Street and banking for The Times, and also served as European economic correspondent in Paris.

Category: Current Affairs & Politics
ISBN: 9781788166003
Publisher: Profile Books
Imprint: Profile Trade
Pub Date: June 2021
Page Extent: 352
Format: Paperback - B format
Subject: Microeconomics