Wealth Inequality and Democracy
نویسندگان
چکیده
منابع مشابه
Wealth Inequality, Wealth Constraints and Economic Performance
It is well known that if costlessly enforceable contracts regulate all of the actions of economic actors that a ect the well being of others, competitive equilibria are Pareto e cient regardless of the distribution of wealth. However where actions such as risk taking and hard work are not subject to such contracts, the assignment of residual claimancy over income streams and control over assets...
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Research on wealth inequality and accumulation and the data upon which it relies have expanded substantially in the twenty-first century. While the field has experienced rapid growth, conceptual and methodological challenges remain. We begin by discussing two major unresolved methodological concerns facing wealth research: how to address challenges to causal inference posed by wealth's cumulati...
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1 4 5 Inter-American Development Bank. Facing Up to Inequality in Latin America. Washington, D.C.: Distributed by the Johns Hopkins University Press for the Inter-American Development Bank, 1998,204 pp. Dani Rodrik. The New Global Economy and Developing Countries: Making Openness Work. Washington, D.C.: Overseas Development Council, 1999,168 pp. Vito Tanzi and Ke-young Chu, eds. Income Distribu...
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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 to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of the middle class; or when it ope...
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In recent years, progressive public intellectuals and prominent scholars have asserted that monopoly power lies at the root of wealth inequality and that increases in antitrust enforcement are necessary to stem its rising tide. This claim is misguided. Exercises of market power have complex, crosscutting effects that undermine the generality of the monopoly regressivity claim. Contrary to what ...
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ژورنال
عنوان ژورنال: Annual Review of Political Science
سال: 2017
ISSN: 1094-2939,1545-1577
DOI: 10.1146/annurev-polisci-061014-101840