Income Growth of Top 1% Double That of Bottom 50% Combined: Lucas Chancel
Lucas Chancel, co-author of World Inequality Report, shows that despite high economic growth, income inequality has been rising. Global trends signal that the rise in inequality can be correlated to globalisation.
Lucas Chancel, co-author of World Inequality Report, talks about the rising income inequality all over the world. He shows how, despite high economic growth, income inequality has been rising. Global trends signal that the rise in inequality can be correlated to globalisation. Soviet Russia, for instance, was one of the most equal countries until its collapse.
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