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24min chapter
Branko Milanovic on Different Visions of Inequality
Democracy Paradox
Exploring the Historical Perspectives on Economic Inequality
This chapter delves into the historical perspective of economic inequality and its relation to global dynamics. It analyzes the approaches of influential economists such as Adam Smith, David Ricardo, and Karl Marx, focusing on their views on class inequality. The chapter also discusses the decline in studies of inequality during the 60s, 70s, and 80s, exploring the reasons behind this decline and the impact of ideological competition.
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