A History of Inequality and Economic Transition

A History of Inequality and Economic Transition

Like the farming and foraging civilizations before it, our fossil fuel world has an equilibrium point — a "right" level of inequality — and societies that move toward this optimum balance will flourish while those that move away from it will not. The most successful governments often recognize this, using progressive taxation and other fiscal transfers to push economic inequality toward what they hope is the sweet spot.

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