Economics
Is Inequality Inevitable
The article discusses wealth inequality in South Africa and explores the question of whether inequality is inevitable. It explains the use of the Gini index to measure inequality and highlights the limitations of this measure. The article also examines the role of government choices and economic systems in contributing to inequality, and discusses ways to reduce inequality, such as progressive taxes, transfers, and access to services. It concludes by emphasizing the global divide in wealth and power and the need to weaken the feedback loops that perpetuate inequality.
