Inequality, Unemployment and Contemporary Europe

Amartya Sen

STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers from Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

Abstract: Inequality of incomes can differ substantially from inequality in other 'spaces' such as well-being, freedom, health, longevity, and quality of life. Given the massive sclae of unemployment in contemporary European economies, concentrating only on income inequality can be particularly deceptive for studying economic inequality, since unemployment causes deprivation in many other ways as well. This paper examines the different ways in which unemployment creates deprivation (other than through low income), and what implications these issues have on the relative merits of American and European attitudes respectively to individual responsibility and social commitment.

Keywords: Unemployment; individuality; social exclusion; ageging population; self-help; social responsibility. (search for similar items in EconPapers)
Date: 1997-11
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Persistent link: https://EconPapers.repec.org/RePEc:cep:stidep:07

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