Inequality's Bright Future

Nicolas Delalande () and Michael Behrent
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Nicolas Delalande: CHSP - Centre d'histoire de Sciences Po (Sciences Po) - Sciences Po - Sciences Po

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Abstract: How much are promises of democratic equality worth when the material situation of the middle and working classes is stagnating or regressing? Through an implacable analysis of global inequalities, Branko Milanovic brings to light the challenges faced by the struggle for social justice in the early twenty-first century. ... In January 2019, the NGO Oxfam, to raise consciousness, announced an instructive figure: the 26 richest people of the planet own as much as humanity's poorest half. On the one hand, 26 multibillionaires, on the other, 3.8 billion people. How did we arrive at this situation? Herein lies the merit of economist Branko Milanovic's book—published in English in 2016 and recently translated into French—which seeks to explain this dynamic and its political consequences. [...]

Keywords: Inequalities; Globalization; Patrimony (search for similar items in EconPapers)
Date: 2019-11
Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03567023
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Published in Books and Ideas, 2019

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