Search results
May 7, 2014 · While wealth has been redistributed upward for last several decades in the U.S. and other countries, we find these economies out of balance. Rather than saying we need to reduce inequality we should be talking about getting the distribution of wealth back into a reasonable balance.
Oct 4, 2019 · Predistribution and redistribution together, in short, make for a powerful one-two punch against plutocracy and concentrated wealth. But redistribution alone just can’t cut it. Those who accumulate vast wealth will always be loath to give any appreciable piece of it to tax collectors.
1 day ago · When asked whether global wealth should be redistributed to alleviate extreme poverty around the world, he replied, “I think the answer is obviously yes…there’s no credible argument on the other side.” To reduce inequality, Banerjee called for an end to tax havens that allow the uber-wealthy to avoid tax responsibilities.
Dec 20, 2022 · Steven McMullen argues that governments should substantially redistribute wealth in order to ensure that all have a minimal opportunity to participate in economic life. Over the course of the exchange, the authors investigate a number of important questions.
- New York
- 1st Edition
- Wealth Class Composition
- Descriptive Evidence
- Empirical Evidence
The most widely used class schemes focus on individuals’ employment position in the labor market (Erikson & Goldthorpe, 1992; Oesch, 2006). Class scholars suggest that the occupational structures generate distinct social groups experiencing different economic advantage and levels of protection from the labor market. Consequently, an economic class ...
Hypothesis 2 suggests that the effect of mobility expectation varies across wealth classes. As such, it complements two baseline models describing the effect of perceived position (Gimpelson & Treisman, 2018) and prospect of upward mobility (Benabou & Ok, 2001) on preferences for redistribution. Before turning to a direct test of H2, this section p...
Table 1 summarizes the main findings of our linear country fixed effects. The full model can be found in the appendix (Table 3). Model 1 (M1) shows the results including the current perceived position in the wealth distribution and mobility expectations, whereas Model 3 (M3) tests the interaction effect (hypothesis 2). The findings of the statistic...
Steven McMullen and James Otteson discuss their co-authored debate book on wealth redistribution:https://www.routledge.com/Should-Wealth-Be-Redistributed-A-D...
- 94 min
- 630
- Dustin Crummett
People also ask
Should wealth be redistributed?
Are the rich more supportive of wealth redistribution?
Do people with no wealth support wealth redistribution?
Should money be redistributed?
How does wealth redistribution affect the large middle?
Do governments increase wealth redistribution?
Mar 12, 2020 · One solution to avoid potential instability is to redistribute wealth through welfare programmes. About half the reduction in violent conflict experienced in Latin America since the...
