Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Transitioning to Reduced Inequalities

Transitioning to Reduced Inequalities

Bieri, Sabin
Bader, Christoph

Hardcover

Series: Transitioning to Sustainability

General Sociology

ISBN10: 3039211609
ISBN13: 9783039211609
Publisher: Mdpi AG
Published: Feb 9 2023
Pages: 246
Weight: 1.64
Height: 0.75 Width: 6.69 Depth: 9.61
Language: English

The world has never been richer than today. The distribution of our global wealth, however, is hugely biased. Since 1980, the gains were mainly captured by the rich: The top 1% obtained twice as much of the income growth as compared to the bottom 50%. Nevertheless, within economics, debates about inequality have remained rather marginal, despite long-term research by renowned scholars such as Tony Atkinson. Within the public arena, concerns about inequality emerged as a result of a number of developments: First, the global financial crisis in 2008 exposed the risks of the financing of the economy; secondly, 2013, Thomas Picketty's book Capital in the 21st century demonstrated that, against the trend of the overall 20th century, capital returns outstrip the gains through economic growth in recent decades, thus threatening social coherence and democratic institutions and thirdly, the Millennium Campaign presented impressive achievements regarding poverty but stirred doubts whether the most deprived were left even further behind.

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