<div><p>Inequality endangers the fabric of our societies, distorts the functioning of democracy, and derails the globalization process. Yet, it has only recently been recognized as a problem worth examining. Why has this issue been neglected for so long?</p><p>In <I>Inequality: A Short History</I>, Michele Alacevich and Anna Soci discuss the emergence of the inequality question in the twentieth century and explain how it is related to current issues such as globalization and the survival of democracy. The authors also discuss trends and the future of inequality. Inequality is a pressing issue that not only affects living standards, but is also inextricably linked to the way our democracies work.</p></div>
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Michele Alacevich is associate professor of economic history at the University of Bologna. He is a former director of global studies at Loyola University Maryland and a research fellow at Harvard University, Columbia University, the Institute for New Economic Thinking (INET), and the World Bank.
Inequality endangers the fabric of our societies and distorts the functioning of democracy.
While it has always been a concern, it has recently become a central question in economics and a potent political issue. Why was it neglected for so long, and why is it now at the forefront of public debate?
In Inequality: A Short History, the authors discuss the emergence of the question of economic inequality in the twenty-first century and explain how it is related to globalization and the survival of democracy. They also discuss trends and the future of inequality in both the developed and the developing worlds. Inequality is a pressing issue that not only affects living standards, but is also inextricably linked to the way our democracies work.
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