Focus on inequality

Print edition : November 28, 2014

Thomas Piketty. His professed objective has been to make a quantitative and qualitative contribution to the growing and angry discussions on inequality. Photo: JUSTIN SULLIVAN/AFP

High-end housing in Chennai. A recent study of India during the period 1922-99 using the World Top Income Database claims that “inequalities steadily decreased in the planning period, driven by a fall in real incomes at the top of the distribution. This decline reversed itself in the early1980s. The 1990s saw an increasing divergence between the rich (top 1 per cent) and the rest of the country.” Photo: S.R. RAGHUNATHAN

Protesters affiliated to the Occupy Wall Street movement demonstrating near the New York Stock Exchange on September 17, 2013. The open fight against inequality caught global attention in 20 11 when an angry mob occupied Wall Street claiming “we are the 99 per cent” against the 1 per cent symbolically represented by the finance capital of the world. Photo: Joshua Lott/Reuters

Thomas Piketty has brought the popular discussion of inequality and its causes and consequences to the forefront.
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