Income Inequality: Difference between revisions
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[https://www.brookings.edu/articles/rising-inequality-a-major-issue-of-our-time/ by Zia Qureshi 16/5/23 BOOKINGS] | [https://www.brookings.edu/articles/rising-inequality-a-major-issue-of-our-time/ by Zia Qureshi 16/5/23 BOOKINGS] | ||
Income and wealth inequality has risen in many countries in recent decades. Rising inequality and related disparities and anxieties have been stoking social discontent and are a major driver of the increased political polarization and populist nationalism that are so evident today. An increasingly unequal society can weaken trust in public institutions and undermine democratic governance. Mounting global disparities can imperil geopolitical stability. Rising inequality has emerged as an important topic of political debate and a major public policy concern. | Income and wealth inequality has risen in many countries in recent decades. Rising inequality and related disparities and anxieties have been stoking social discontent and are a major driver of the increased political polarization and populist nationalism that are so evident today. An increasingly unequal society can weaken trust in public institutions and undermine democratic governance. Mounting global disparities can imperil geopolitical stability. Rising inequality has emerged as an important topic of political debate and a major public policy concern. | ||
=====Policy Implications from Rising Economic Inequality===== | |||
[https://econofact.org/policy-implications-from-rising-economic-inequality by Kimberly Clausing and Hilary Hoynes 13/11/18 ECONOFACT] | |||
A marked increase in income inequality has been a defining characteristic of the U.S. economy of the past several decades. Progressive tax policy and a social safety net that invests in those at the bottom of the income distribution play a role in mitigating widening inequality in the United States. | |||
