Income inequality: Past, present and future in a political economy perspective

Pascal Mickael Petit

Japanese Economy, 2021, vol. 47, issue 2-3, 146-162

Abstract: In order to interpret the levels and evolution of income distribution, we need to take into account the variety of capitalism modes considered and their respective capacity to maintain an effective social contract. This makes it possible to assess the importance of the social crises that these countries are going through as well as their capacity to respond to the new challenges posed by environmental degradation. The question is all the more difficult because this response must be coordinated on a global scale and implies a profound questioning of the management of globalization over the past three decades.

Date: 2021
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DOI: 10.1080/2329194X.2021.1978298

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