The Poor and the Rich

Grzegorz W. Kolodko
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Grzegorz W. Kolodko: Kozminski University

Chapter 10 in Whither the World: The Political Economy of the Future, 2014, pp 293-317 from Palgrave Macmillan

Abstract: Abstract What matters most is to have nothing to be ashamed of. There’s a wise saying attributed to Confucius that in a country that is well governed, poverty is something to be ashamed of, in a country that is badly governed, wealth is something to be ashamed of. Who should be ashamed then and where? Who should be proud and of what? If we look at the world as a whole, a lot of the rich should be ashamed of themselves as the world is very badly “governed”.

Keywords: Political Economy; Income Inequality; Income Distribution; Poor People; Gini Index (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47025-6_3

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DOI: 10.1057/9781137470256_3

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