Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Desdemona Despair (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Study finds there are four ways to reduce economic inequality: state collapse, pandemic, revolution, and “mass mobilization warfare”

% of readers think this story is Fact. Add your two cents.



Desdemona Despair

By Ana Swanson
19 April 2017

(The Washington Post) – Rising economic inequality in the United States has been a major animating force on both the political left and the right. Whether it is Sen. Bernie Sanders promising to rebuild blue-collar communities or President Trump pledging to “make America great again,” today’s political platforms often revolve around a return to the perceived “normal” of a vibrant middle class and more equitable distribution of wealth that America experienced in the 1950s, ’60s and ’70s.

Yet with a broader look at history, it’s clear that period of falling inequality was the exception, and that today’s increasing inequality is more a return to the norm. And when inequality did fall throughout history, Stanford University professor Walter Scheidel argues in a new book, it tended to do so for very unpleasant reasons.

In The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century, Scheidel examines societies from ancient history to the present. He finds that most societies gradually grew more unequal over time, and where those inequalities were leveled out, they were almost always done so by violent forces — war, revolution or plague. The work contains some shocking lessons about the nature of inequality and what that might mean for our future.

This interview has been edited for length and clarity.

WP: How does inequality today compare with history? When have we seen inequality peak, and when has it fallen?

Walter Scheidel: If you look over hundreds or thousands of years, you see a pattern of rising and falling inequality. But for most of history, inequality was either rising or stable at high levels. It’s rare for inequality to fall significantly. In that respect, the world we live in is a typical environment, in which inequality is rising or has reached very high levels in many countries.

WP: We saw an unusually large drop in inequality during World War I and World War II. Has that shaped people’s perceptions of what inequality should look like?

Walter Scheidel: It has. The postwar period, the ’50s, ’60s and ’70s, has become the reference point. In that period, economic growth was strong, the middle class was expanding, and inequality was low by current standards. But since the 1980s, growth has slowed, and what growth we have disproportionately benefits the famous 1 percent, at the very top at the income distribution.

That marks a real change from the postwar period, and that is understandably perceived as undesirable. But if you look at history more broadly, it’s the postwar period that was anomalous.

When Trump said, “Make America great again,” that implies there was once a period where things were better, and in people’s consciousness it is the postwar period, where you had strong economic growth, a strong middle class and low inequality. But that’s an unusual combination, and it’s difficult to see how we would get back on that track. [more]

History suggests there is a way to lower inequality. But you’re not going to like it


Source: http://www.desdemonadespair.net/2017/05/study-finds-there-are-four-ways-to.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.