A sustainable recovery can only be achieved by decreasing inequality.
Decreasing inequality, in other words, means more protests against the inequality that exists.
How can private sources of finance tackle climate change, eliminate rather than just reduce poverty, and decrease inequality?
"If you are a Democrat, an independent or a thoughtful Republican, you know that their approach is not going to build an America where we increase opportunity or decrease inequality," Clinton said.
At the same time, part of the tolerance of policies that favor the rich comes from the fact that voters place a much higher value on increasing opportunity than they do on decreasing inequality.
But there was little discussion of the academic evidence showing that modest increases in the minimum wage do not necessarily destroy jobs and may in fact decrease inequality, draw more people into the formal workforce and spur productivity .No one has given it any more thought.
Between 2007 and 2009, our results indicate increased inequality for women but decreased inequality for men.
In this approach (Bolton-Ockenfels [5] is similar), the participants obtain positive utility from decreasing inequality.
In particular, inflows of workers with average skill level above that ofthe receiving country decrease inequality, and the opposite holds for low-skilledimmigration.
