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The Divide_ American Injustice in the Age of the Wealth Gap - Matt Taibbi, Molly Crabapple (2014) epub

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Description

 							
  
  NEW YORK TIMES BESTSELLER
 

  A scathing portrait of an urgent new American crisis
   
  Over the last two decades, America has been
falling deeper and deeper into a statistical mystery:
   
  Poverty goes up. Crime goes down. The prison
population doubles.
  Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively
richer. No one goes to jail.
   
  In search of a solution, journalist Matt Taibbi discovered the Divide, the
seam in American life where our two most troubling trends—growing wealth inequality and mass
incarceration—come together, driven by a dramatic shift in American citizenship: Our basic rights are now
determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go
unpunished, while turning poverty itself into a crime—but it’s impossible to see until you look at these
two alarming trends side by side.
   
  In The Divide, Matt Taibbi takes readers on a galvanizing journey
through both sides of our new system of justice—the fun-house-mirror worlds of the untouchably wealthy and the
criminalized poor. He uncovers the startling looting that preceded the financial collapse; a wild conspiracy of
billionaire hedge fund managers to destroy a company through dirty tricks; and the story of a whistleblower who gets in
the way of the largest banks in America, only to find herself in the crosshairs. On the other side of the Divide, Taibbi
takes us to the front lines of the immigrant dragnet; into the newly punitive welfare system which treats its
beneficiaries as thieves; and deep inside the stop-and-frisk world, where standing in front of your own home has become
an arrestable offense. As he narrates these incredible stories, he draws out and analyzes their common source: a
perverse new standard of justice, based on a radical, disturbing new vision of civil rights.
   
  Through
astonishing—and enraging—accounts of the high-stakes capers of the wealthy and nightmare stories of
regular people caught in the Divide’s punishing logic, Taibbi lays bare one of the greatest challenges we face in
contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive
crimes of the wealthy, and implicates us all.
  
  Praise for The Divide
   
  “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
   
  “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. . . . 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
  
  “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 						

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