Inequalities can vary from "summary" of The Haves and the Have-Nots by Branko Milanovic
The idea that inequalities can vary may appear obvious, almost tautological: after all, if something can vary, it means that it can take on different values. But the point is not just that inequalities can vary; it is that they do vary, and that they do so in different ways and for different reasons. This variability is crucial for understanding the complexity of the global income distribution. Inequalities can vary both over time and across different countries and regions. Historical events, economic policies, technological advancements, and social changes all play a role in shaping the distribution of income and wealth. For example, the rise of industrial capitalism in the 19th century led to a surge in inequality in many Western countries, while the implementation of social welfare programs in the 20th century helped reduce inequality in some ...Similar Posts
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