Inequality And Stagnation
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Neoliberalism And The Road To Inequality And Stagnation
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Author : Palley, Thomas I.
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-11-05
Neoliberalism And The Road To Inequality And Stagnation written by Palley, Thomas I. and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-05 with Business & Economics categories.
Tom Palley has made a significant contribution to understanding the meaning and significance of neoliberalism. This chronicle collects some of his best work to explain how global adoption of neoliberal policies over the past thirty years has increased income inequality and created tendencies to stagnation.
Essays On Inequality And Stagnation
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Author : Troy Alexander Ludtka
language : en
Publisher:
Release Date : 2017
Essays On Inequality And Stagnation written by Troy Alexander Ludtka and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Econometrics categories.
This research develops a framework that identifies the costs and causes of rising trends of inequality. Inequality is shaped by exogenous overarching trends, which incentivize market structure dynamism. Shifts in exogenous trends lead to microeconomic reaction that manifest with increased inequality. It isshown that inequality is functionally recursive meaning a domino effect will occur when unprecedented incipient policy induces breaks in macro trends. Partially corrective feedbacks manifest in the form of increased exports, which originate from the exercise of economies of scale occurring in a dynamic industrial organization. This feedback, however, is unilaterally sufficient to restore growth equilibrium. Growth levels short of the restoration or increase in ex ante group distribution—contribute to debt overhang and thereby investment shortfall. The cascading consequences of increased inequality are shown to force macro stagnation. This research structures the analysis around a C+I+G framework to explain stagnation and its amelioration.
The Great Stagnation
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Author : Tyler Cowen
language : en
Publisher: Penguin
Release Date : 2011-01-25
The Great Stagnation written by Tyler Cowen and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-25 with Business & Economics categories.
Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.
Inequality And Stagnation
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Author : Santiago Capraro
language : en
Publisher: Routledge
Release Date : 2024-08-02
Inequality And Stagnation written by Santiago Capraro and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-02 with Business & Economics categories.
The book examines how the outgrowth of the financial industry has contributed to the recent tendencies towards inequality and stagnation. It proposes a monetary interpretation of these events using a Classical-Keynesian theoretical approach derived from the work of Keynes and Sraffa. The approach moves from the distributive conflicts among economic and social groups, presuming that they influence the legislation shaping the organisation of the markets and the policy of the authorities. It argues that the degrees of liquidity of assets, which reflect the individual perceptions of their future prices, ultimately depend on the organisation of the markets and policy decisions. The development of his work persuaded Keynes that it was necessary to revolutionise the scientific foundations of economic discipline to effectively interpret events and recommend policies. He consequently introduced in 1932 a monetary theory of production. Following these lines, Sraffa proposed in Production of Commodities to take the rate of interest as an independent variable in the theory of distribution. Using the Classical-Keynesian approach, the book shows how the changes in legislation and policies since the abandonment of the Bretton Woods agreements have caused the outgrowth of finance and how these alterations have raised financial instability. It identifies various competitive mechanisms through which financial events can affect income distribution and growth, describing how they have triggered the recent tendencies towards inequality and stagnation. This book is essential reading for researchers studying the interactions among financial markets, distribution, and growth.
Social Inequality In Post Growth Japan
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Author : David Chiavacci
language : en
Publisher: Taylor & Francis
Release Date : 2016-09-13
Social Inequality In Post Growth Japan written by David Chiavacci and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-13 with Social Science categories.
In recent decades Japan has changed from a strongly growing, economically successful nation regarded as prime example of social equality and inclusion, to a nation with a stagnating economy, a shrinking population and a very high proportion of elderly people. Within this, new forms of inequality are emerging and deepening, and a new model of Japan as 'gap society' (kakusa shakai) has become common-sense. These new forms of inequality are complex, are caused in different ways by a variety of factors, and require deep-seated reforms in order to remedy them. This book provides a comprehensive overview of inequality in contemporary Japan. It examines inequality in labour and employment, in welfare and family, in education and social mobility, in the urban-rural divide, and concerning immigration, ethnic minorities and gender. The book also considers the widespread anxiety effect of the fear of inequality; and discusses how far these developments in Japan represent a new form of social problem for the wider world.
Racial And Gender Inequality The Stagnant Economy Of The Marginalized
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Author : Jacob Mahlangu
language : en
Publisher: GRIN Verlag
Release Date : 2024-04-17
Racial And Gender Inequality The Stagnant Economy Of The Marginalized written by Jacob Mahlangu and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-17 with Social Science categories.
Research Paper (postgraduate) from the year 2023 in the subject Gender Studies, University of Pretoria, course: Political Science, language: English, abstract: The racial and Gender inequality that continues to exist post the colonial era. The majority of blacks and women in developing countries are facing a Stagnant Economy. They are mostly found in the informal sector selling products at Central Business Districts. They lack employment and access to financial institutions that could empower them economically. With colonialism gone it reintroduces itself in the form of neo-colonialism. Developed countries still exploit the resources of developing countries while offering the natural inhabitants cheap labour. Utilizing the theoretical frameworks of post colonialism and feminism the paper seeks to highlight the factors that hinder the Sustainable Development Goal of global equality.
The Captured Economy
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Author : Brink Lindsey
language : en
Publisher: Oxford University Press
Release Date : 2017-10-13
The Captured Economy written by Brink Lindsey and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-13 with Political Science categories.
For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.
Macroeconomic Inequality From Reagan To Trump
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Author : Lance Taylor
language : en
Publisher: Cambridge University Press
Release Date : 2020-08-20
Macroeconomic Inequality From Reagan To Trump written by Lance Taylor and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-20 with Business & Economics categories.
An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.
Inequality And Inclusive Growth In Rich Countries
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Author : Brian Nolan
language : en
Publisher: Oxford University Press
Release Date : 2018-06-04
Inequality And Inclusive Growth In Rich Countries written by Brian Nolan and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-04 with Business & Economics categories.
Rising inequality in income and wealth across the OECD has been widely recognised and identified as a major concern; Inequality and Inclusive Growth in Rich Countries links this phenomenon with stagnation in wages and incomes for ordinary working households in order to address the challenge of promoting growth and prosperity. The concentration of wealth at the top of society is now seen as a threat to social and political stability. Inequality and Inclusive Growth in Rich Countries aims to identify what structures and policies are associated with success or failure in limiting the rise in inequality and promoting income growth for those in the middle and lower reaches of the income distribution. It analyses the varying experiences of ten rich countries over recent decades in depth, revealing that there are indeed responses that governments and societies can adopt, and that stagnation and rising inequality do not have to be accepted, but can be combatted given the political will and capacity.
Combating Inequality
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Author : Alexander Gallas
language : en
Publisher: Routledge
Release Date : 2015-12-22
Combating Inequality written by Alexander Gallas and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-22 with Business & Economics categories.
Economic inequality has recently gained considerable academic attention. However, two important aspects of inequality have not been discussed systematically: its multidimensional nature and the question of what can be done to reverse it. This book offers insights from scholars representing the Global Labour University, which operates in Brazil, Germany, India, South Africa and the US. They analyse the various drivers of inequality, assess policy responses, and discuss counterstrategies. The main findings of this book are that rising levels of inequality cannot be addressed only with the standard policies responses, namely education, redistribution and ‘green growth’. In addition, the way markets currently function needs to be corrected. The chapters in this volume focus on specific fields of contemporary capitalism where important drivers of inequality are located, for example, the labour market; the financial system; the tax system; multi-national corporations; and gender relations. Other chapters discuss in detail where political opportunities for change lie. They critically assess existing countermeasures; the idea of a ‘green economy’ and its implications for inequality; and existing campaigns by trade unions and new social movements against inequality. In line with the global nature of the problem, this book contains case studies on countries both from the north and south with considerable economic and political weight. This book provides academics, political practitioners and civil society activists with a range of ideas on how to drive back inequality. It will be of interest to those who study political economy, development economy and labour economics.