№ 2021/4
Political economyPODLIESNA Vasylyna H.1
1Institute for Economics and Forecasting, NAS of Ukraine
Socio-economic inequality: essence, cyclicality of the dynamics
ABSTRACT ▼
The article considers socio-economic inequality as a social phenomenon inherent in all historical forms of society, which is characterized by the exploitation of wide circles of population by the elite. It is generated by the basic economic law of each historical form of antagonistic society and is expressed in the periodic aggravation of class contradictions.
The most important component of social inequality in capitalist society is economic inequality. There is a relationship between the economic growth and inequality of income that S. Kuznets was one of the first to prove. P. Sorokin, justifying the hypothesis of the cyclicality of fluctuations in the average level of welfare and income within a certain society, appealed to the existence of "small business cycles", and explained by the existence of Kondratiev waves the tendency towards the increase in the average level of income and welfare, mani-fested in the second half of XIX century in some countries. The author analyzes the close relationship between the dynamics of inequality and social processes, whose driving force is violence – "four horsemen of the equalization": the war with mass mobilization, the transformational revolution, the decay of the state and the lethal pandemic, – as established by W. Scheidel; it is the "four horsemen of the equalization" that reduce the gap between rich and poor, that is, the social inequality is temporarily smoothed destructively.
It has been established that during large-scale wars, revolutions, the destruction of states there is a permission of cyclically exacerbating contradictions of social development, which generate the deployment of long-term socio-economic cycles (cycles of changing the forms of society; hegemony establishment cycles in the world-system, long political cycles, Kondratiev waves, etc.). Therefore, the changes in the levels of socio-economic inequality generated by these "horsemen of the equalization" are also cyclic
Keywords:socio-economic inequality, justice, social state, socio-economic cycles, cyclic dynamics of socio-economic inequality
JEL: O10
| Article in Russian (pp. 41 - 55) |
| Article in Ukrainian (pp. 41 - 55) |
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