From the United States and the United Kingdom to China and India: growing inequality is leading to social unrest and the rise of populist parties worldwide, which also exacerbates economic crises. It is urgently necessary to better understand the causes and consequences of these income disparities.
Contents of "The Costs of Inequality"
This book analyzes Latin America, one of the most unequal regions in the world, as an example to show how inequality hinders economic growth, leads to a shortage of good jobs, weakens democracy, and causes social division and distrust.
The vicious cycles of low growth, exclusive politics, violence, and social distrust further reinforce inequality. Latin America thus provides a stark warning of what can happen to other countries without timely action. At the same time, it offers valuable lessons for countering income concentration and building fairer societies.
Suitable for:
- Language: Dutch
- Language level: B2–C2
- Application: education, work, self-study
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