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Inequality: How not to primitivize the problem

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  • R. Kapeliushnikov

Abstract

The paper provides an overview of the key issues discussed in the recent economic literature on inequality. It highlights such topics as measurement subtle- ties; dynamics in inequality levels; possible drivers behind inequality growth; relationship between inter- and intra-countries’ inequality; shape of long-term trends (the Kuznets hypothesis); effects of inequality on economic growth; sup- posed earnings stagnation in developed countries; increased remuneration gap between top-managers and other workers; growing share of capital incomes in GDP; relationship between market competition and inequality; various norma- tive aspects. A general conclusion is that in normative terms inequality per se represents a pseudo-problem though it might be a manifestation of different fundamental economic and social problems.

Suggested Citation

  • R. Kapeliushnikov, 2017. "Inequality: How not to primitivize the problem," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 4.
    • Handle: RePEc:nos:voprec:y:2017:id:297
    DOI: 10.32609/0042-8736-2017-4-117-139
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