Inequality: An entangled political economy perspective

Novak, M 2018, Inequality: An entangled political economy perspective, Springer International Publishing, Cham, Switzerland.


Document type: Book
Collection: Books

Title Inequality: An entangled political economy perspective
Author(s) Novak, M
Year 2018
Publisher Springer International Publishing
Place of publication Cham, Switzerland
Subjects Public Economics- Public Choice
Heterodox Economics
Public Policy
Summary Entangled political economy highlights the existence of knotted, intertwined relationships between economic, social, and political actors. Inequalities of income and wealth culminate from these relationships, thereby assuming a complex and emergent character. Inequality arises from many sources: voluntary exchanges within the market, political activities dispensing fiscal and regulatory advantages, and discriminatory social norms excluding certain people from participation. This chapter illustrates how entangled political economy serves as a novel platform to study inequality issues, and also sheds light upon the appropriateness of certain determinants of inequality. Inequality is as pervasive as the entanglements which give rise to them. Distributional outcomes arising from, or attributable to, coercive political actions, however, tend to be normatively suspect, warranting additional scrutiny.
Copyright notice © The Editor(s) (if applicable) and The Author(s) 2018
Keyword(s) entangled political economy
government expenditure
inequality
ordo-liberalism
regulation
rules
taxation
toleration
DOI - identifier 10.1007/978-3-319-89417-1_3
ISBN 9783319894171
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Created: Wed, 19 Sep 2018, 13:21:00 EST by Catalyst Administrator
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