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These trends could also be an obstacle to achieving Goal 16, particularly regarding effective and accountable institutions and participatory, inclusive and representative decision-making. In general, wealth concentration and the economic processes that have accompanied it – such as intense financialization – distort decision-making in ways ...
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Downloads - 1 – The increasing concentration of wealth and...
- Preface
When governments adopted the 2030 Agenda for Sustainable...
- Publishers
Publishers - 1 – The increasing concentration of wealth and...
- 5 – Quest for Sustainable Peace and Development Under Militarized Security Approaches
Moving from the R2P doctrine to the universal commitment to...
- Alternative National Reports Throw Light on Inequalities
Alternative National Reports Throw Light on Inequalities - 1...
- Exploring New Policy Pathways
Exploring New Policy Pathways - 1 – The increasing...
- 2 – Policies That Strengthen The Nexus Between Food, Health, Ecology, Livelihoods and Identities
These intertwined dynamics have shifted decision-making...
- Redefining Policies for Sustainable Development
The extreme concentration of wealth, however, has not...
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Nov 8, 2022 · The strong concentration of wealth is a characteristic of many capitalist democracies. Since Piketty’s groundbreaking work Capital in the twenty-first century (Piketty, 2014), a spike in scholarship has addressed how wealth concentration has developed over time and why it has taken off rapidly in many countries around the globe (e.g. Piketty, 2020; Zucman, 2019).
- Money Eases Access
- How We Got Here
- Underinvestment in “The Commons”
- What Price Inaction?
- What Can Be done?
The U.S. Supreme Court’s unlacing of campaign-finance laws that limited how much donors could give candidates or affiliate organizations, coupled with allowing donors to shield their identities from public scrutiny, have spawned a financial arms race that requires viable presidential candidates, for example, to solicit donors constantly in a quest ...
Christopher “Sandy” Jencks, the Malcolm Wiener Professor of Social Policy at HKS, believes that the past 30 years of rising American inequality can be attributed to three key factors: 1. The decline in jobs and employment rates for less-skilled workers, which has increased the number of households with children but no male breadwinner. 2. The deman...
Rivkin says that the pressures of globalization and technological change and the weakening of labor unions have had a major impact. But he disagrees that political favoritism toward business interests and away from ordinary citizens is the primary reason for burgeoning inequality. Rather, he says that sustained underinvestment by government and bus...
Unless America’s policymakers begin to chip away at the underlying elements of systemic inequality, the costs to the nation will be profound, analysts say. “I think we will pay many prices. We will continue to have divisive politics. We won’t make the investments we need to provide the majority of kids with a better life, and that would be really n...
Jencks says there are many steps the federal government could take — if the political will existed to do so — to slow down or reverse inequality, like increasing the minimum wage, revising the tax code to tax corporate profits and investments more, reducing the debt burden on college students, and improving K-12 education so more students are bette...
- Harvardgazette
A major part of the inequality picture is increasing market concentration and the accumulation of wealth and economic power in the hands of a relatively small number of transnational corporations and ultra-rich individuals. Intense concentration of wealth and power is in fact inimical to progress across the entire 2030 Agenda.
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What do we know about wealth inequality and democracy? Our review shows that the simple conjectures that democracy produces wealth equality and that wealth inequality leads to democratic failure are not supported by the evidence. Why are democracy and high levels of wealth inequality sustainable together? Three key features of democratic politics can make this outcome possible. When societies ...
the various mechanisms by which inequalities in wealth can impact on politics. In most cases, any influence secured through wealth arises not through buy-ing votes or making backroom deals for cash. Instead, there are a number of different ways that inequalities in wealth can affect political decisions, five of
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Apr 22, 2016 · The rapid increase of wealth inequality in the past few decades is one of the most disturbing social and economic issues of our time. Studying its origin and underlying mechanisms is essential for policy aiming to control and even reverse this trend. In that context, controlling the distribution of income, using income tax or other macroeconomic policy instruments, is generally perceived as ...
