Is economic inequality a universal evil?

Rostislav I. Kapeliushnikov ()

Voprosy Ekonomiki, 2019, issue 4

Abstract: Using published estimates of inequality for two countries (Russia and USA) the paper demonstrates that inequality measuring still remains in the state of “statistical cacophony”. Under this condition, it seems at least untimely to pass categorical normative judgments and offer radical political advice for governments. Moreover, the mere practice to draw normative conclusions from quantitative data is ethically invalid since ordinary people (non-intellectuals) tend to evaluate wealth and incomes as admissible or inadmissible not on the basis of their size but basing on whether they were obtained under observance or violations of the rules of “fair play”. The paper concludes that a current large-scale ideological campaign of “struggle against inequality” has been unleashed by left-wing intellectuals in order to strengthen even more their discursive power over the public.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2019:id:2167

DOI: 10.32609/0042-8736-2019-4-91-106

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