Introduction: The Political Economy of Rising Income Inequality

Kuat B. Akizhanov
Additional contact information
Kuat B. Akizhanov: Academy of Public Administration under the President of Kazakhstan

Chapter Chapter 1 in Finance Capitalism and Income Inequality in the Contemporary Global Economy, 2023, pp 1-20 from Springer

Abstract: Abstract This introductory chapter provides accounts on why increasing income inequality is an issue of the political economy of contemporary capitalism. The first part of the chapter discusses tendencies and characteristics that define current economic disparity throughout the world. The second part examines various social, political and economic problems that income inequality and wealth disparity are presenting. The importance of researching income disparity within the political economy and, particularly, as part of the political economy of finance capitalism is elucidated in the third section. As religion served to legitimate unequal status quo in the past so does in economic terms secular doctrines of modern capitalism.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-21768-5_1

Ordering information: This item can be ordered from
http://www.springer.com/9783031217685

DOI: 10.1007/978-3-031-21768-5_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().