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Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is ...
The republican model of citizenship emphasizes one’s active participation in civil society as a means of defining his or her citizenship. [1] Initially used to describe citizenship in ancient Greece, the republican notion focuses on how political participation is linked with one’s indent as a citizen, stemming from Aristotle’s definition of citizenship as the ability to rule and be ruled.
[151] [152] Evidence suggests the impact of national income inequality on regional economic divergence as one potential reason for the link between inequality and political polarization. [153] As income inequality increased, the degree of House of Representatives polarization measured by voting record followed.
An overwhelming 86% said agreed that the wealthy having too much political influence is a big contributing factor–with 60% saying this leads to economic inequality "a great deal" and 26% saying ...
Economic inequality is hardly unique to the United States. Rich and poor live side-by-side all over the world. But according to research from The Equality Trust, the consequences are the same ...
Political representation is the activity of making citizens "present" in public policy-making processes when political actors act in the best interest of citizens according to Hanna Pitkin's Concept of Representation (1967).
In other words, had Democratic presidents been in office since the 1970s, income inequality may have lessened since the 1950s instead of growing into what Bartels calls "The New Gilded Age" of the early 21st century. Bartels's findings led him to conclude that "economic inequality is, in substantial part, a political phenomenon." [5]
Buildings in Rio de Janeiro, demonstrating economic inequality. Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, [1] a lower population-wide satisfaction and happiness [2] [3] and even a lower level of economic growth when human capital is neglected for high-end consumption. [4]