Social Inequality in the World – the Interpretation of Not-Evident Tendencies

Горячая тема.Круглый стол 160 array of negative consequences, which lower the competitiveness of societies and countries, especially at higher stages of development.Inequalities cannot grow endlessly, there is probably a critical level of inequality, and if it is exceeded, national states descend into turmoil of social conflicts and fall apart.If the growth of income inequalities continues, then countries can get into the bad stable equilibrium trap that reproduces itself: poor quality of state institutions, low growth, low social mobility, high social tensions.Gradual reforms could help overcoming the trap, but if they are delayed, the further growth of inequalities could lead to social revolution.