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Provocatively, we can call it a form of redistribution to the already wealthy.
"Under the previous regime, widespread patronage achieved a form of redistribution," Gueye explains.
Yet almost any act of monetary policy is a form of redistribution between savers and borrowers.Mr Weidmann hints he would rather buy private debt than government bonds.
In the nineteen-sixties and seventies, affirmative action was presented as a form of redistribution in recompense for past discrimination: a transfer of opportunities from the dominant majority to the marginalized minority.
Since the hostages are often not killed, the police see the whole thing as a form of redistribution.
Similar(55)
"It's a form of income redistribution.
After taxes, it drops to ninth — a form of forced redistribution unparalleled in contemporary Europe.
Patents, copyrights, trademarks and trade secrets saturate modern economies – a form of interventionist redistribution to the corporate elite through enormous unearned monopoly rents.
Many in Ohio, as elsewhere, resent Obamacare as a form of mandatory redistribution, from the solvent and healthy to the sick and hard-up.
That wasn't simply a patronage system; it was also a form of rational redistribution.
"Like burglary, inflation is an extralegal form of redistribution," Mr. Wallich once wrote, according to his obituary.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com