IDEAS home Printed from https://ideas.repec.org/b/sgm/wnwzuw/y2019v1ch4p88-110.html
   My bibliography  Save this book

Secular Structural Processes. Unexpected Results

Editor

Listed:
  • Justin Yifu Lin
    (National School of Development, University of Beijing)

  • Alojzy Z. Nowak
    (Faculty of Management, University of Warsaw)

Author

Listed:
  • Andrzej Sopocko

    (Faculty of Management, University of Warsaw)

Abstract

The economies of individual countries are increasingly integrated with their near – in terms of the main partners in foreign trade – and far environment, that is with countries supplying specific goods, necessary for production. It is impossible to run a business without constant analysis of what is happening outside the country, without keeping an eye even upon very distant areas. This fact is of fundamental importance for any economic policy. The processes taking place in the world economy system must be the starting point for any actions, both adaptive and protective against unfavorable events and processes (e.g. the flood of plastic garbage, transfer prices, etc.). These dependencies limit the scope of the state’s activity, requiring a deep analysis of areas where its involvement is possible and effective. The experience of the old structural policy proves that direct interventions in the sphere of production don’t have any potential left for the future. The issue of where it is possible now to accelerate the development through the influence of the state is one of subjects considered in this book. This part concerns one of the processes that seems to be viewed as a means of regulating activities. It is not so much a part of the economy as it is rather an area of social relations caused by economic mechanisms. This is a problem of growing property and social disproportions that cannot be reconciled with contemporary crucial values such as democracy and social solidarity. Counteracting this phenomenon is not the subject of the analysis presented here. That could be the next stage of work. Here, instead, the task is limited to answering the question: what and why contributes in the economy to the formation of income disparities. The author attempts to determine the reasons for the rich getting even richer and for the systematic reduction of the middle class in terms of income earned, embedded in the production mechanism itself. Particular emphasis was placed on inquiring how the processes of digitization, automation and application of artificial intelligence contributed to aggravation of this phenomenon.

Suggested Citation

  • Andrzej Sopocko, 2019. "Secular Structural Processes. Unexpected Results," Book, University of Warsaw, Faculty of Management, edition 1, volume 1, number y:2019:v:1:ch:4:p:88-110 edited by Justin Yifu Lin & Alojzy Z. Nowak, June.
  • Handle: RePEc:sgm:wnwzuw:y:2019:v:1:ch:4:p:88-110
    as

    Download full text from publisher

    File URL: http://www.wz.uw.edu.pl/portaleFiles/6133-wydawnictwo-/new_structrural_2018/Andrzej_Sopocko.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Allen, Robert C., 2009. "Engels' pause: Technical change, capital accumulation, and inequality in the british industrial revolution," Explorations in Economic History, Elsevier, vol. 46(4), pages 418-435, October.
    2. Emmanuel Saez & Gabriel Zucman, 2014. "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data," NBER Working Papers 20625, National Bureau of Economic Research, Inc.
    3. Kurland, Norman G., 2001. "A new look at prices and money: the Kelsonian binary model for achieving rapid growth without inflation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(6), pages 495-515.
    4. Spannagel, Dorothee, 2015. "Trotz Aufschwung: Einkommensungleichheit geht nicht zurück. WSI-Verteilungsbericht 2015," WSI-Mitteilungen, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 68(8), pages 622-629.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Junyi Zhu, 2014. "Bracket Creep Revisited - with and without r > g: Evidence from Germany," Journal of Income Distribution, Ad libros publications inc., vol. 23(3), pages 106-158, November.
    2. James Foreman-Peck & Peng Zhou, 2021. "Fertility versus productivity: a model of growth with evolutionary equilibria," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(3), pages 1073-1104, July.
    3. Wookjae Heo & John E. Grable & Barbara O’Neill, 2017. "Wealth Accumulation Inequality: Does Investment Risk Tolerance and Equity Ownership Drive Wealth Accumulation?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(1), pages 209-225, August.
    4. Facundo Alvaredo & Anthony Atkinson & Lucas Chancel & Thomas Piketty & Emmanuel Saez & Gabriel Zucman, 2016. "Distributional National Accounts (DINA) Guidelines : Concepts and Methods used in WID.world," Working Papers halshs-02794308, HAL.
    5. Venkatasubramanian, Venkat & Luo, Yu & Sethuraman, Jay, 2015. "How much inequality in income is fair? A microeconomic game theoretic perspective," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 435(C), pages 120-138.
    6. Elinder, Mikael & Erixson, Oscar & Waldenström, Daniel, 2018. "Inheritance and wealth inequality: Evidence from population registers," Journal of Public Economics, Elsevier, vol. 165(C), pages 17-30.
    7. Philippe De Donder & John E. Roemer, 2017. "The dynamics of capital accumulation in the US: simulations after piketty," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 15(2), pages 121-141, June.
    8. Mark Koyama, 2012. "Prosecution Associations in Industrial Revolution England: Private Providers of Public Goods?," The Journal of Legal Studies, University of Chicago Press, vol. 41(1), pages 95-130.
    9. Giovanni DOSI & Maria Enrica VIRGILLITO, 2019. "Whither the evolution of the contemporary social fabric? New technologies and old socio‐economic trends," International Labour Review, International Labour Organization, vol. 158(4), pages 593-625, December.
    10. Mark Koyama, 2014. "The law & economics of private prosecutions in industrial revolution England," Public Choice, Springer, vol. 159(1), pages 277-298, April.
    11. Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2016. "Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality," American Economic Review, American Economic Association, vol. 106(5), pages 651-655, May.
    12. Brant Abbott & Giovanni Gallipoli, 2022. "Permanent‐income inequality," Quantitative Economics, Econometric Society, vol. 13(3), pages 1023-1060, July.
    13. Marius Brülhart & Jonathan Gruber & Matthias Krapf & Kurt Schmidheiny, 2016. "Taxing Wealth: Evidence from Switzerland," CESifo Working Paper Series 5966, CESifo.
    14. Wojciech Kopczuk, 2015. "What Do We Know about the Evolution of Top Wealth Shares in the United States?," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 47-66, Winter.
    15. Mario Alloza, 2021. "The impact of taxes on income mobility," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(4), pages 794-854, August.
    16. Christian A. Belabed, 2016. "Inequality and the New Deal," IMK Working Paper 166-2016, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    17. Stefan Behrendt, 2017. "Low Long-Term Interest Rates - An alternative View," Jena Economics Research Papers 2017-001, Friedrich-Schiller-University Jena.
    18. Dorsa Amir & Matthew R Jordan & Richard G Bribiescas, 2016. "A Longitudinal Assessment of Associations between Adolescent Environment, Adversity Perception, and Economic Status on Fertility and Age of Menarche," PLOS ONE, Public Library of Science, vol. 11(6), pages 1-16, June.
    19. Barth, Daniel & Papageorge, Nicholas W. & Thom, Kevin, 2017. "Genetic Ability, Wealth, and Financial Decision-Making," IZA Discussion Papers 10567, Institute of Labor Economics (IZA).
    20. Gómez Manuel A. & Neves Sequeira Tiago, 2012. "Phases of Economic Development: Do Initial Endowments Matter?," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-22, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sgm:wnwzuw:y:2019:v:1:ch:4:p:88-110. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tomasz Rosa (email available below). General contact details of provider: https://edirc.repec.org/data/somuwpl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.