Income Inequality, Capitalism, and Ethno-Linguistic Fractionalization

Capitalism, Complexity, and Inequality

Under capitalism there is a potential for increasing socioeconomic complexity and greater specialization of skills. One implication is that there is a potential for increasing inequalities of wealth, income, and power on both a national and international scale. What follows is an updated, broad-brush account of possible future developments in a knowledge-intensive capitalist economy. They can t...

Linguistic Capitalism and Algorithmic Mediation

Google’s highly successful business model is based on selling words that appear in search queries. Organizing several million of auctions per minute, the company has created the first global linguistic market and demonstrated that linguistic capitalism is a lucrative business domain, one in which billions of dollars can be realized per year. Google’s services need to be interpreted form this pe...

Ethno-Racial Attitudes and Social Inequality

Sociologists ordinarily assume that social structure drives the content of individual level values, attitudes, beliefs, and ultimately, behavior. In some classic models this posture reaches a point of essentially denying the sociological relevance of any micro-level processes. In contrast, psychologists (and to a degree, economists) operate with theoretical models that give primacy to individua...

Right distribution measure? Income: Polarization versus inequality Ethnic: fractionalization versus polarization

Correlation of Income Inequality and Entrepreneurial Activity

The fact of growth of inequality in distribution of income both inside the national economies and between the countries is confirmed by many empirical studies. In particular, these are annual reports of the World Bank, UNIDO and European Commission. The growth of inequality in distribution of income causes social tension inside the countries and promotes conflicts between the countries. Entrepr...