An Unequal World: Introduction to Wealth Inequality in the North Atlantic Anglosphere

  • Livio Di Matteo
Chapter

Abstract

Economic inequality is a key research area, and the direction of the relationship between industrialization, economic growth, and economic inequality over time is a key question. An examination of wealth inequality in the north Atlantic Anglosphere countries of Canada, the United Kingdom, and the United States from 1668 to 2013 finds that the process of economic growth and industrialization has pushed wealth inequality upwards while other economic factors have either reinforced inequality or pulled it down. While wealth inequality is generally high, it declined over the long term and, unlike income inequality, has not experienced as pronounced a rebound in these or other developed countries since the mid-twentieth century—with the notable exception of the United States.

Keywords

Wealth Inequality Industrialization Push Pull 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Livio Di Matteo
    • 1
  1. 1.Department of EconomicsLakehead UniversityThunder BayCanada

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