Matt Jones of Australia poses with the Stonehaven Cup after winning The Australian Open Golf Championship at The Australian Golf Club in Sydney on Sunday.

Discontents of Inequality Not Only Unacceptably High, But Also Rising

Anis Chowdhury and Jomo Kwame Sundaram :Much recent unrest, such as the ‘yellow-vest’ protests in France and the US ‘Abolish the Super-Rich’ campaign, is not against inequality per se, but reflects perceptions of changing inequalities. Most citizens resent inequalities when it is not only unacceptably high, but also rising.Even in the most egalitarian society, not everyone has the same income or wealth. Some inequality is widely considered inevitable, or even desirable to incentivize effort. But even excessive inequality is widely...

9 Dec 2019, 12:00 am