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Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [1]
Redistributive change is a legal theory of economic justice in the context of U.S. law that promotes the recognition of poverty as a classification, like race, ethnicity, gender, and religion, that should likewise draw extra scrutiny from the courts in matters pertaining to civil rights. [1] The theory was discussed in academia in the wake of ...
Redistribution (Australia), the legal process in Australia whereby electoral boundaries are moved; Redistribution (election), the changing of political borders; Redistricting, the redistribution of political borders in the United States
According to Krugman, government action can either compress or widen income inequality through tax policy and other redistributive or transfer policies. Krugman illustrates this point by describing "The Great Compression" and "The Great Divergence."
Regulatory policies are aimed at groups or classes of targets, rather than individuals, and they typically raise costs for the targets (in which case the costs are concentrated). Redistributive policies transfer resources from one class or group to another. A fourth category of policy named by Lowi is the constituent. "Hyperpolitics.
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This page was last edited on 11 September 2023, at 00:24 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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