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Global inequality of class to the country of residence of the proletarians to migrants

Глобальное неравенство: от классовой принадлежности к стране проживания, от пролетариев к мигрантам

Branko Milanovic

Ekonomicheskaya Politika / Economic Policy, 2016, vol. 1, 14—26

Abstract: The inequality between the citizens of the world in the XIX century, at least half could be attributed to the difference in income between workers and owners of capital in a particular country. The real income of workers in most countries was about the same low level. That is what was the basis for the widespread acceptance of Marxism. After more than 150 years old, at the beginning of the XXI century, the situation changed dramatically: over 80% of global differences in income due to a significant gap between the average income in different countries, and the wages of unskilled workers in rich and poor countries often differ on the order. This is due to a new global political problem of migration, because the difference in income between the countries makes the migration extremely beneficial to the individual. The main problem of the near future will be to find an answer to this new challenge - assuming migration recognition of one of the most effective tools for reducing global poverty and inequality.

Keywords: global inequality; class inequality; global poverty; international migration (search for similar items in EconPapers)
JEL-codes: B14 F22 F60 I32 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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