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Inequality in the 21st century: Are we moving to one dollar, one vote?

At present, two models to limit excessive inequality exist: The social democracies in Europe and the Chinese model of democracy within the ruling communist party but no adult franchise

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A V Rajwade
Ever since the publication of Thomas Piketty’s Capital in the Twenty-First Century in 2013, the issue of inequality in wealth and incomes is being debated by economists, sociologists and politicians. Many other economists have pursued the same theme since: Bill Emmott (The Fate of the West); Jeremy Waldron (One Another’s Equals); Patrick Deneen (Why Liberalism Failed); Brink Lindsey and Steven Seles (The Captured Economy) and so on. The Economist, which called Piketty “A Modern Marx” after the publication of his book, recently praised a collection of essays, After Piketty: The Agenda for Economics and Inequality. The latest to highlight the
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