ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Redistributing Global Inequality

The United Nations proclaimed the period 1997-2006 as the 'First United Nations Decade for the Eradication of Poverty'. The 1995 UN resolution recognised the existence of global inequalities that have deepened over time and assigned different tasks to donor (wealthy) nations and developing countries to ensure a greater equity among nations. This article focuses on the fiscal feasibility of a plan for global inequality reduction, a project that can be defined as a large-scale historic social process of social change aiming to diminish 'oligarchic wealth' in favour of a less extremely unbalanced structure of distribution, that is, 'democratic wealth'. The project proposes global collective action to reduce interstate inequality in per capita economic performance. A successful implementation of such a project would, however, require the construction of social and political institutions leading to political action by a majority of humankind.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top