, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We …, the gap between the interest rate and the growth rate, does not appear to explain historical patterns of inequality … (especially, the share of income accruing to the upper tail of the distribution). We then use the histories of inequality of South …

In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … such activities, thus exacerbating inequality among a large part of the population. We then survey the existing empirical …

governments. We show that greater inequality makes the use of the military in nondemocratic regimes more likely and also makes it … more difficult for democracies to prevent military coups. In addition, greater inequality also makes it more likely that …