Inequality in nature and society (original) (raw)

2017, PNAS early edition

Most societies are economically dominated by a small elite, and similarly, natural communities are typically dominated by a small fraction of the species. Here we reveal a strong similarity between patterns of inequality in nature and society, hinting at fundamental unifying mechanisms. We show that chance alone will drive 1% or less of the community to dominate 50% of all resources in situations where gains and losses are multiplicative, as in returns on assets or growth rates of populations. Key mechanisms that counteract such hyperdominance include natural enemies in nature and wealth-equalizing institutions in society. However, historical research of European developments over the past millennium suggests that such institutions become ineffective in times of societal upscaling. A corollary is that in a globalizing world, wealth will inevitably be appropriated by a very small fraction of the population unless effective wealth-equalizing institutions emerge at the global level.

Inequality and the Biosphere

Annual Review of Environment and Resources, 2018

Rising inequalities and accelerating global environmental change pose two of the most pressing challenges of the twenty-first century. To explore how these phenomena are linked, we apply a social-ecological systems perspective and review the literature to identify six different types of interactions (or “pathways”) between inequality and the biosphere. We find that most of the research so far has only considered one-directional effects of inequality on the biosphere, or vice versa. However, given the potential for complex dynamics between socioeconomic and environmental factors within social-ecological systems, we highlight examples from the literature that illustrate the importance of cross-scale interactions and feedback loops between inequality and the biosphere. This review draws on diverse disciplines to advance a systemic understanding of the linkages between inequality and the biosphere, specifically recognizing cross-scale feedbacks and the multidimensional nature of inequal...

Inequality, global change and the sustainability of civilisation (2000)

The increasingly global capacity of civilisation to manipulate natural and human capital has fuelled faith in the economic conceit that humankind can be freed from its dependence on nature. In addition, enormous wealth, enjoyed by a small proportion of the world’s richest people, in large part derived from exploitation of its poor and least empowered populations, is justifi ed by doctrines of ‘wealth and health for all,’ in the face of mounting contrary evidence.

Wealth and Income Inequality in the Long Run of History

Handbook of Cliometrics, 2019

This article provides an overview of current knowledge about economic inequality, of both income and wealth, in the very long run of history focusing on Western Europe and North America. While most of the data provided by recent research cover the period from the late Middle Ages until today, some insights are also possible into even earlier epochs. Based on these recent findings, economic inequality seems to have been growing over centuries, with phases of clear and marked inequality reduction being relatively rare and usually associated with catastrophic events, such as the Black Death during the fifteenth century, or the World Wars in the twentieth. Traditional explanations of long-term inequality growth are found to be unsatisfying and a range of other possible causal factors are explored (demographic, social-economic, and institutional). Placing today’s situation in a very long-run perspective not only leads us to question old assumptions about the future of inequality (think of current criticism of Kuznets’s hypotheses), but also changes how we perceive inequality in the modern world.

Evolution of Wealth and Welfare

Cadmus Journal, 2011

The evolution of economy is an integral part of the wider evolution of human consciousness and social organization. The history of economics and economic thought reflect this process. Progressive advances in our collective capacity to generate wealth and promote human security are the results of this process. Our comprehension of the process has a profound bearing on the development of that capacity. Rightly perceived, we can discover the true relationship between scarcity and wealth, uncertainty and human security, and the means to transform one into the other. This requires a change in perspective, a shift in values from the quest for immutable, natural economic laws governing the blind pursuit of money and monetarized growth to a focus on the intrinsic value and creative potential of human beings in quest of ever-expanding security, welfare and well-being – the real wealth – that all humanity aspires for. It requires, too, the development of appropriate measures consistent with this shift in values and perspective. When growth focuses on people rather than things, the limits to growth give way to limitless growth.

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