Why is there no revolution in North Korea?
- Thomas ApolteAffiliated withCIW Center for Interdisciplinary Economics, University of Münster Email author
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The paper critically assesses the Acemoglu–Robinson approach to revolutions, as it is focused on inequality of wealth or income rather than on collective-action problems. We show that income inequality is not a sufficient and not even a necessary condition for a revolution to occur. Rather, a necessary condition for a revolution is that any subpopulation can expect net benefits from it, for which inequality is not a precondition. As a result, a certain structure of commitment devices or their absence rather than inequality is crucial for explaining why revolutions sometimes occur and sometimes not.
KeywordsCredible commitments Dictatorship Political economy Redistribution
JEL ClassificationD72 D74 O15 P16
- Why is there no revolution in North Korea?
Volume 150, Issue 3-4 , pp 561-578
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- Springer US
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- Credible commitments
- Political economy
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- Thomas Apolte (1)
- Author Affiliations
- 1. CIW Center for Interdisciplinary Economics, University of Münster, 48151, Münster, Germany