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Transition and Stability of Redistribution Policies

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The Socio-Economic Transformation
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Abstract

The chapter presents a simple theoretical model of a society subject to choice, expressed through voting, on a potential move away from the status quo. This move is interpreted in term of choice between (more of) capitalism and (more of) socialism, expressed through parameters corresponding to degree of equality/redistribution and economic effectiveness. Seemingly paradoxical voting behavior patterns, bearing a striking resemblance to some of the actually observed ones, are thereby explained.

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© 2007 Jean-Luc Schneider

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Schneider, JL. (2007). Transition and Stability of Redistribution Policies. In: Nahorski, Z., Owsiński, J.W., Szapiro, T. (eds) The Socio-Economic Transformation. Palgrave Macmillan, London. https://doi.org/10.1057/9780230379039_5

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