Conclusions: inequality, impacts, and policies

Authors
Publication date 2014
Host editors
  • W. Salverda
  • B. Nolan
  • D. Checchi
  • I. Marx
  • A. McKnight
  • I.G. Tóth
  • H. van de Werfhorst
Book title Changing inequalities in rich countries: analytical and comparative perspectives
ISBN
  • 9780199687435
Pages (from-to) 328-349
Publisher Oxford: Oxford University Press
Organisations
  • Faculty of Social and Behavioural Sciences (FMG) - Amsterdam Institute for Social Science Research (AISSR)
Abstract
Keeping economic inequality in check is an uphill battle, though countries differ. General drivers seem mediated, moderated, accelerated or perhaps even replaced by demographic, institutions or policy-making changes. Growing inequality is not found robustly linked to worsening social outcomes (health, deprivation, housing, social cohesion, etc.), though better longitudinal data may change this; Social stratification is manifest. Political impacts (e.g. legitimacy) seem stronger, underpinning deep concerns about political influence of the rich, feeding into policies increasing inequality. People on low incomes face effects on health, living conditions, social ties, child development. Redistributing income is imperative so as to alleviate poverty and promote equality of opportunities. Prevention policies cannot replace direct redistribution. The best performing countries have a large welfare state that invests in people, stimulating them to be active and adequately protecting them when everything else fails. This continues to offer the best prospect for rich countries pursuing growth with equality.
Document type Chapter
Language English
Published at https://doi.org/10.1093/acprof:oso/9780199687435.003.0013
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