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Nov 24, 2021
Too Much Money
How Wealth Disparities are Unbalancing Aotearoa New Zealand
Summary
Today, someone in the wealthiest 1 per cent of adults – a club of some 40,000 people – has a net worth 68 times that of the average New Zealander.
Too Much Money: How Wealth Disparities are Unbalancing Aotearoa New Zealand (Bridget Williams Books, 2021) is the story of how wealth inequality is changing Aotearoa New Zealand. Possessing wealth opens up opportunities to live in certain areas, get certain kinds of education, make certain kinds of social connections, exert certain kinds of power. And when access to these opportunities becomes alarmingly uneven, the implications are profound.
This ground-breaking book provides a far-reaching and compelling account of the way that wealth – and its absence – is transforming our lives. Drawing on the latest research, personal interviews and previously unexplored data, Too Much Money reveals the way wealth is distributed across the peoples of Aotearoa. Max Rashbrooke's analysis arrives at a time of heightened concern for the division of wealth and what this means for our country's future.
Max Rashbrooke is a journalist, author and academic based in Wellington. His books, led by the best-selling Inequality: A New Zealand Crisis (new edition 2018), have helped transform national understanding of income and wealth inequality.
Max’s journalism has appeared in publications worldwide, including The Guardian, The Economist Group and the New Zealand Herald, and he has twice received the Bruce Jesson Senior Journalism Award. He is also a research associate of the Institute for Governance and Policy Studies at Victoria University of Wellington and was a 2015 Winston Churchill Fellow and the 2020 J.D. Stout Fellow. His TED.com talk on renewing democracy has had over 1 million views.
To explore Max’s other work please visit: https://www.maxrashbrooke.net/
Ed Amon is a Master of Indigenous Studies Candidate at the University of Auckland, New Zealand, a columnist at his local paper: Hibiscus Matters, and a Stand-up Comedian. His main interests are indigenous studies, politics, history, and cricket. Follow him on twitter @edamoned or email him at edamonnz@gmail.com
