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The tension between technological innovation and inclusive industrialization Wim Naudé and Paula Nagler ask if industrialization can be socially inclusive or whether higher income inequality within and between countries is the inevitable outcome of technology-driven industrial development?

18 MakingIt

Around seventy years ago, economist Paul Rosenstein-Rodan confidently declared that “industrialization is the way of achieving a more equal distribution of income between different areas of the world.” It may seem today that he was wrong, since the world is more unequal today than at any point since the Second World War. It is widely recognized that income inequalities within and between countries have risen since the First Industrial Revolution (roughly from 1820 onward), but also that high inequality is ➤

Making It: Industry for Development #21