Inequality in the 21st century: Are we moving to one dollar, one vote?

At present, two models to limit excessive inequality exist: The social democracies in Europe and the Chinese model of democracy within the ruling communist party but no adult franchise

Ever since the publication of Thomas Piketty’s Capital in the Twenty-First Century in 2013, the issue of inequality in wealth and incomes is being debated by economists, sociologists and politicians. Many other economists have pursued the same theme since: Bill Emmott (The Fate of the West); Jeremy Waldron (One Another’s Equals); Patrick Deneen (Why Liberalism Failed); Brink Lindsey and Steven Seles (The Captured Economy) and so on. The Economist, which called Piketty “A Modern Marx” after the publication of his book, recently praised a collection of essays, After Piketty: The Agenda for Economics and Inequality. The latest to highlight the