Apocalypse then: The lessons of violence and inequality through the ages

Posted: March 3, 2017 in economy
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Only catastrophic events really reduce inequality, according to a historical survey

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Apocalypse then

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Violence and inequality

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France’s next revolution

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The Great Leveller: Violence and the History of Inequality from the Stone Age to the Twenty-First Century By Walter Scheidel. Princeton University Press; 504 pages; $35 and £27.95.
AS A supplier of momentary relief, the Great Depression seems an unlikely candidate. But when it turns up on page 363 of Walter Scheidel’s “The Great Leveler” it feels oddly welcome. For once—and it is only once, for no other recession in American history boasts the same achievement—real wages rise and the incomes of the most affluent fall to a degree that has a “powerful …

via Economic Crisis http://ift.tt/2m0mAcy


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