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Inequality and Illegal International Markets: The Case of Cocaine

In: The Quality of Society, Volume III

Author

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  • Adolfo Figueroa

    (Pontifical Catholic University of Peru)

Abstract

According to unified theory of capitalism (UTC), income inequality is not only an ethical question. Its outcome feeds back into the economic process leading to a final outcome with social consequences. People have a limited tolerance for inequality; hence, when the degree of inequality goes beyond the thresholds of tolerance, people will react and protest. Because governments usually respond with more repression than redistribution, income inequality will lead to other type of adjustments: are left with the alternative of going illegal.

Suggested Citation

  • Adolfo Figueroa, 2023. "Inequality and Illegal International Markets: The Case of Cocaine," Springer Books, in: The Quality of Society, Volume III, chapter 0, pages 171-193, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-21072-3_7
    DOI: 10.1007/978-3-031-21072-3_7
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