Vectors of socio-economic development in Russia. Modern challenges and opportunities
- Author:
- Sergei L. Danilchenko
- Work direction:
- Глава 1
- Abstract:
- Economic development inevitably leads to a significant increase in inequality in the distribution of income and national wealth. Worryingly, inequality is growing year after year. Official data on inequality are underestimated, as the share of income hidden from taxation is at least twice as much as that shown in official statistics. The sharp increase in inequality was largely due to the transition to neoliberal policies that encouraged the monopolization of production to the detriment of wage labor positions and, to some extent, the participation of nation States in the global globalization of the economy. High income inequality will slow down any national modernization and generate further stratification of citizens. The proportion of excessive inequality between 10–20 percent of the rich and 80 percent of the poor and poor in the modern world is constantly growing.
- Keywords:
- the state as a moral institution, the concept of social justice, the problem of income differentiation
Vectors of socio-economic development in Russia. Modern challenges and opportunities