Global Inequality in Redistribution: For A World-Historical Sociology of (Not) Caring Cover Image

Global Inequality in Redistribution: For A World-Historical Sociology of (Not) Caring
Global Inequality in Redistribution: For A World-Historical Sociology of (Not) Caring

Author(s): József Böröcz
Subject(s): National Economy, Supranational / Global Economy, Marxist economics
Published by: MTA Társadalomtudományi Kutatóközpont Kisebbsegkutató Intézet
Keywords: capitalism; colonialism; double movement; “Europe”; global inequality; Karl Polányi; redistribution; social spending; state socialism; World Bank; world history

Summary/Abstract: This paper decomposes global inequality in redistrbution, using data from the World Development Indicators data set of the World Bank. It finds that per capita income has a modest, yet persistent effect on redistribution. More provocatively, the paper also demonstrates that, over and beyond the impact of per capita GDP, global inequalities in redistribution over the last generation or so strongly reflect the double legacies of colonialism (improving the likelihood of redistribution in former-colonizer societies and sharply reducing it in erstwhile-colonized, recently independent societies). In addition, it also finds that the history of recent exposure to state socialism increases the presence of redistributive institutions, partly counter-balancing the effects of lower national incomes.

  • Issue Year: 2/2016
  • Issue No: 2
  • Page Range: 57-83
  • Page Count: 27
  • Language: English