The Inefficiency of Inequality
Chapter VI
CHAPTER
VI
The political economy of inequality and the culture of privilege A. Egalitarian institutions and exclusionary institutions B. The political economy of development 1. The roots of structural heterogeneity 2. The costs of financial liberalization 3. Structural change and production diversification C. Inequality and fragmentation in social relations 1. A region without wars, but marked by violence 2. Insufficient support for democracy D. Culture of privilege, rent-seeking and inequality 1. The domains of the culture of privilege 2. Strengthening the culture of equality erodes the culture of privilege Bibliography
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