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After much empirical documentation of patterns of inequality, we address in this paper the need for a convincing … interpretation of the causes of inequality in advanced countries. We set the current debate in the context of the evolution of ideas … on inequality, including the debate on Thomas Piketty's book. We argue that four 'engines of inequality' can be …
Persistent link: https://www.econbiz.de/10011304046
This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the … forces that determine inequality change, focusing on factor accumulation and structural change. Next it considers the …
Persistent link: https://www.econbiz.de/10010249771
recovery in the 1930s, especially the New Deal. The role of income inequality before and during the Great Depression, however …, has almost never been discussed thoroughly. This paper attempts to answer two questions. Firstly, was inequality perceived … policy design did take seriously the problem of inequality? Using official documents such as transcripts of Roosevelt …
Persistent link: https://www.econbiz.de/10011477411
Latin American countries have some of the highest levels of income inequality in the world. However, earnings … inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the …, increasing inequality. Significant gains in educational attainment, the demographic transition, and rising female labor force …
Persistent link: https://www.econbiz.de/10013286576
Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …
Persistent link: https://www.econbiz.de/10012694139
This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from workers. Specifically, I hypothesize that...
Persistent link: https://www.econbiz.de/10012127049
What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis …
Persistent link: https://www.econbiz.de/10011880804
beginning of the 20th century. Until the 1970s, the country experienced a fall in inequality in spite of lower income growth …. Since then, inequality has generally increased possibly as a result of large-scale shocks such as macroeconomic crises and …
Persistent link: https://www.econbiz.de/10011885883
This paper offers a new approach to the study of capitalist income. Building on the "capital as power" framework, I propose that capitalists earn their income not from any productive asset, but from the legal right to command a corporate hierarchy. In short, I hypothesize that capitalist income...
Persistent link: https://www.econbiz.de/10011888765
What makes the rich different? Are they more productive, as mainstream economists claim? I offer another explanation. What makes the rich different, I propose, is hierarchical power. The rich command hierarchies. The poor do not. It is this greater control over subordinates, I hypothesize, that...
Persistent link: https://www.econbiz.de/10011994821