This Element examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the 19th century to the present and...

1. Introduction: Rising income inequality and finance capitalism -- 2. How to study inequality of the finance capitalism era -- 3. USA: the birth of global neoliberal financialisation order -- 4. South Korea: transforming national model -- 5. Argentina: entrenching income inequality -- 6....