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Revisiting Inequality

Author: Achin Chakraborty

Publisher: Taylor & Francis

Published: 2024-06-03

Total Pages: 224

ISBN-13: 104002940X

This volume discusses the current state of knowledge on the conceptual understanding of inequality. The book poses a range of empirical puzzles in the Indian context and examines inequalities across categories of the region of residence, caste, and sex, using a fascinating range of outcome indicators, comprising education, health, earnings, self-employment, and crime. The empirical chapters of this volume use various large-scale secondary data sources to expose the deep-rooted, structural inequalities in the Indian society. It answers some of the pertinent questions around inequality such as why do the backward regions of India continue to remain backward, both in terms of economic and human development indicators? Why do enterprises owned by backward caste individuals have systematically lower business earnings? Are backward castes and women more likely to face crime when their relative status improves? How do the circumstances that children find given at birth influence their learning outcomes? etc. The book will be of interest to teachers, students, and researchers of economics of education, development studies, development economics, and Indian economics. It will also be useful for policymakers, academicians, and anyone curious to learn about inequality.

Baltimore Revisited

Author: P. Nicole King

Publisher: Rutgers University Press

Published: 2019-08-09

Total Pages: 379

ISBN-13: 0813594014

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Nicknamed both “Mobtown” and “Charm City” and located on the border of the North and South, Baltimore is a city of contradictions. From media depictions in The Wire to the real-life trial of police officers for the murder of Freddie Gray, Baltimore has become a quintessential example of a struggling American city. Yet the truth about Baltimore is far more complicated—and more fascinating. To help untangle these apparent paradoxes, the editors of Baltimore Revisited have assembled a collection of over thirty experts from inside and outside academia. Together, they reveal that Baltimore has been ground zero for a slew of neoliberal policies, a place where inequality has increased as corporate interests have eagerly privatized public goods and services to maximize profits. But they also uncover how community members resist and reveal a long tradition of Baltimoreans who have fought for social justice. The essays in this collection take readers on a tour through the city’s diverse neighborhoods, from the Lumbee Indian community in East Baltimore to the crusade for environmental justice in South Baltimore. Baltimore Revisited examines the city’s past, reflects upon the city’s present, and envisions the city’s future.

Combating Inequality

Author: Olivier Blanchard

Publisher: MIT Press

Published: 2021-02-02

Total Pages: 313

ISBN-13: 0262045613

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Leading economists and policymakers consider what economic tools are most effective in reversing the rise in inequality. Economic inequality is the defining issue of our time. In the United States, the wealth share of the top 1% has risen from 25% in the late 1970s to around 40% today. The percentage of children earning more than their parents has fallen from 90% in the 1940s to around 50% today. In Combating Inequality, leading economists, many of them current or former policymakers, bring good news: we have the tools to reverse the rise in inequality. In their discussions, they consider which of these tools are the most effective at doing so.

The Great Leveler

Author: Walter Scheidel

Publisher: Princeton University Press

Published: 2018-09-18

Total Pages: 525

ISBN-13: 0691184313

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How only violence and catastrophes have consistently reduced inequality throughout world history Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Inequality declines when carnage and disaster strike and increases when peace and stability return. The Great Leveler is the first book to chart the crucial role of violent shocks in reducing inequality over the full sweep of human history around the world. Ever since humans began to farm, herd livestock, and pass on their assets to future generations, economic inequality has been a defining feature of civilization. Over thousands of years, only violent events have significantly lessened inequality. The "Four Horsemen" of leveling—mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues—have repeatedly destroyed the fortunes of the rich. Scheidel identifies and examines these processes, from the crises of the earliest civilizations to the cataclysmic world wars and communist revolutions of the twentieth century. Today, the violence that reduced inequality in the past seems to have diminished, and that is a good thing. But it casts serious doubt on the prospects for a more equal future. An essential contribution to the debate about inequality, The Great Leveler provides important new insights about why inequality is so persistent—and why it is unlikely to decline anytime soon.

International Studies in Educational Inequality, Theory and Policy

Author: Richard Teese

Publisher: Springer Science & Business Media

Published: 2007-06-03

Total Pages: 981

ISBN-13: 1402059167

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Inequality is a marked and persistent feature of education systems, both in the developed and the developing worlds. Major gaps in opportunity and in outcomes have become more critical than in the past, thanks to the knowledge economy and globalization. The pursuit of equity as a goal of public policy is examined in this book through a series of national case-studies. The book covers many different global contexts from the wealthiest to some of the poorest nations on earth. It therefore offers a broad range of different theoretical and methodological approaches, and brings together extensive international experience in equity policy.

Inequality and Growth

Author: Theo S. Eicher

Publisher: MIT Press

Published: 2007-01-26

Total Pages: 343

ISBN-13: 0262550644

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Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.

The Construction and Interpretation of Combined Cross-section and Time-series Inequality Datasets

Author: Joseph F. Francois

Publisher: World Bank Publications

Published: 2005

Total Pages: 67

ISBN-13:

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Abstract: The inequality dataset compiled in the 1990s by the World Bank and extended by the United Nations has been both widely used and strongly criticized. The criticisms raise questions about conclusions drawn from secondary inequality datasets in general. The authors develop techniques to deal with national and international comparability problems intrinsic to such datasets. The result is a new dataset of consistent inequality series, allowing them to explore problems of measurement error. In addition, the new data allow the authors to perform parametric non-linear estimation of Lorenz curves from grouped data. This in turn allows them to estimate the entire income distribution, computing alternative inequality indexes and poverty estimates. Finally, the authors use their broadly comparable dataset to examine international patterns of inequality and poverty.

Rethinking Democracy

Author: Leo Panitch

Publisher: NYU Press

Published: 2017-12-22

Total Pages: 336

ISBN-13: 1583676716

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For years, intellectuals have argued that, with the triumph of capitalist, liberal democracy, the Western World has reached “the end of history.” Recently, however, there has been a rise of authoritarian politics in many countries. Concepts of post-democracy, anti-politics, and the like are gaining currency in theoretical and political debate. Now that capitalist democracies are facing seismic and systemic challenges, it becomes increasingly important to investigate not only the inherent antagonism between liberalism and the democratic process, but also socialism. Is socialism an enemy of democracy? Could socialism develop, expand, even enhance democracy? While this volume seeks a reappraisal of existing liberal democracy today, its main goal is to help lay the foundation for new visions and practices in developing a real socialist democracy. Amid the contradictions of neoliberal capitalism today, the responsibility to sort out the relationship between socialism and democracy has never been greater. No revival of socialist politics in the twenty-first century can occur without founding new democratic institutions and practices.