Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial e¤ort and hence a country’s contribution to the world technology … “cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …

redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …

redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of unequality consolidate …

curve in many Western economies during this period, with the fall in inequality following redistribution due to …

economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality … of inequality (especially, the share of income accruing to the upper tail of the distribution). We then use the histories … of inequality of South Africa and Sweden to illustrate that inequality dynamics cannot be understood without embedding …