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Inequality and Progress

Inequality and Progress The author begins by noting that, however much economic inequality has become an obsession in developed countries in the 21st century, it is “not a fundamental component of well‐being… like health, prosperity, knowledge, safety, or peace.” Citing philosopher Harry Frankfurt, he argues that “inequality itself is not morally objectionable; what is objectionable is poverty… it is not important everyone should have the same. What is morally important is that each should have enough.” http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Applied Corporate Finance Wiley

Inequality and Progress

Pinker, Steven
Journal of Applied Corporate Finance , Volume 33 (3) – Sep 1, 2021
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Publisher
Wiley
Copyright
Copyright © 2021 Cantillon and Mann
ISSN
1078-1196
eISSN
1745-6622
DOI
10.1111/jacf.12463
Publisher site
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Abstract

The author begins by noting that, however much economic inequality has become an obsession in developed countries in the 21st century, it is “not a fundamental component of well‐being… like health, prosperity, knowledge, safety, or peace.” Citing philosopher Harry Frankfurt, he argues that “inequality itself is not morally objectionable; what is objectionable is poverty… it is not important everyone should have the same. What is morally important is that each should have enough.”

Journal

Journal of Applied Corporate Finance – Wiley

Published: Sep 1, 2021

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