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Inequality Rediscovered

  • David Singh Grewal und Jedediah Purdy
Veröffentlicht/Copyright: 10. Februar 2016
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Abstract

Widespread recognition that economic inequality has been growing for forty years in most of the developed world, and in fact has tended to grow across most of the history of modern economies, shows that the period 1945-1973, when inequality of wealth and income shrank, was a marked anomaly in historical experience. At the time, however, the anomalous period of equality seemed to vindicate a long history of optimism about economic life:that growth would overcome meaningful scarcity and usher in an egalitarian and humanistic period that could almost qualify as post-economic. This has not been the experience of the last four decades. In this intellectual history of the anomalous period, we trace the main lines of that optimism and its undoing.


* Professor of Law, Yale Law School and Robinson O. Everett Professor of Law, Duke Law School, respectively. We are indebted to Joey Fishkin, Willie Forbath, Amy Kapczynski, Roy Kreitner, Daniel Markovits, Sabeel Rahman, Reva Siegel, Zephyr Teachout, Taisu Zhang, and many others for illuminating conversations on themes. Lina Khan provided superb research assistance. Our thanks to the editors of Theoretical Inquiries in Law for their insight and forbearance. All errors are ours. 1 Thomas Piketty, Capital in the Twenty-First Century (Arthur Goldhammer trans., 2014).

Published Online: 2016-2-10
Published in Print: 2017-1-1

© 2017 by Theoretical Inquiries in Law

Heruntergeladen am 26.11.2025 von https://www.degruyterbrill.com/document/doi/10.1515/til-2017-0004/pdf
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