The Consequences of Inequality
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We come now to a central claim of this book, namely that economic inequality at the levels commonly found in developing countries is a scourge and that an obligation rests on public policy-makers, both nationally and internationally, to do whatever is in their power to reduce it. In the previous chapters we looked at the historical evolution and contemporary attributes of the various mechanisms that cause and exacerbate inequality, and that may prevent communities from distributing assets and income more equitably among their citizens. In this chapter the focus shifts to the consequences of inequality. Odious inequality affects not only the poor — although its debilitating effects on the poor should never be underestimated — but a society as a whole can also be devastated by odious inequality.
KeywordsSocial Capital Income Inequality Social Cohesion Social Exclusion Gini Index
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