The evolution of inequality and economic growth in the International Community after the 2008 crisis
Journal Title: International Relations and Security Studies Review - Year 2018, Vol 1, Issue 2
Abstract
After the 2008 crisis, the international community saw a rise in inequalities, such as income and wealth among social subjects. The tendency mostly believed was that the main causes of the economic crisis are precisely the growing inequalities developed in this new century. Moreover, governments could be the political "reflection" of the richest 1% - as this class is the one most able to support electoral campaigns economically - thus determining a vicious circle in the dialectical inequality-democracy.
Authors and Affiliations
Ionut Serban, Salvatore Puglisi
Keywords
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The evolution of inequality and economic growth in the International Community after the 2008 crisis
After the 2008 crisis, the international community saw a rise in inequalities, such as income and wealth among social subjects. The tendency mostly believed was that the main causes of the economic crisis are precisely t...