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Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income differences between workers and capital-owners in individual countries. Real income of workers in most countries was similar and low. This was the basis on which Marxism built...
Persistent link: https://www.econbiz.de/10011395108
"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10010521497
December 1999 - The data strongly support the hypothesis that countries with more unequal distribution of factor income redistribute more in favor of the poor - even when the analysis controls for older people's share in total population (that is, for pension transfers). But the evidence on the...
Persistent link: https://www.econbiz.de/10010524574
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Frontmatter -- Contents -- Acknowledgments -- Introduction -- 1. The Rise of the Global Middle Class and Global Plutocrats -- 2. Inequality within Countries -- 3. Inequality among Countries -- 4. Global In equality in Th is Century and the Next -- 5. What Next? -- Notes -- References -- Index
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