Weeks One - Six Flashcards

1
Q

What is inequality?

A

The unequal distribution of something

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2
Q

Dimensions of inequality?

A

Wealth, Income, Power, Opportunity

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3
Q

How is inequality measured?

A

GINI - Gross National Income

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4
Q

What is PPP?

A

Purchasing Power Parity

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5
Q

What are Proportional Share Indices?

A

The income of the richest decile ratioed to the income of the poorest decile

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6
Q

Key points of Pickety and Saez (2014)?

A

Used World Top Income Database to map income distributions in US and Europe.
Wealth inequality greater in the US
Wealth-to-income holds a U-distribution

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7
Q

What is fiscal deregulation?

A

Removing rules surrounding income and tax

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8
Q

Wealth equation?

A

Wealth = Income - spending + inheritance + luck

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9
Q

From where is the GINI Coefficient derived?

A

The Lorenz curve - plots the richest x poorest cumulative income

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10
Q

What is perfect equality vs perfect inequality?

A

0 = Perfect GINI Equality, 1 = Perfect GINI Inequality

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11
Q

How is the GINI coefficient limited?

A

Entirely descriptive - tells us there is inequality but not why

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12
Q

What is Theil’s T+L?

A

Shows whether inequality is due to reasons within or between areas

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13
Q

What did Friedman believe about inequality?

A

It is inevitable and even desirable as a motivator

Inherited talent is as valuable as inherited wealth

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14
Q

What did Wilkinson and Pickett believe about inequality?

A

It can only be negative - “The Spirit Level” theory states that inequality erodes trust, promotes excess and increases anxiety in society

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15
Q

What does Branko Milanovic say about geographic inequality?

A

Luck and effort can change personal circumstances, but not overall inequality
Efforts need to be combined with overall country improval and migration to improve global income position of nations

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16
Q

What did Barone and Mocetti study?

A

Cyclical wealth transfers in Italy - earning elasticity of 5%, wealth elasticity of 10%

17
Q

What did the Cycle 8 European Social Survey show?

A

Welfare attitudes - huge variations across countries as to whether income should differ to reward effort.
Strong agreeance that equal societies should have few wealth differences
Irish people grossly overestimate unemployment levels
Most people want inequality levelling to improve the bottom % rather than impede the top
Those exposed to inequality are most likely to oppose its potential upsides

18
Q

Compare inequality of outcome to inequality of opportunity

A
Outcome = variation in resource distribution
Opportunity = variation in potential to get these resources
19
Q

What four factors influence social attitudes towards inequality?

A

What do they believe to be the source (wealth vs talent)
Imagining/personal depictions of inequality
Efficiency of inequality
Fairness

20
Q

Compare benign and malign drivers of inequality

A
Benign = globalisation, technology, demographic changes
Malign = epidemics, war, slavery
21
Q

What four benign factors does Branko believe will reverse inequality cycles?

A

Politics, Education, Competition, Technology

22
Q

Who are Groups A, B, and C in global income distributions?

A

Group A - the median, an emergent middle class from Asian economies

Group B - Richer than A but poorer than C, the ‘losers’ of globalisation as they see no income increase unlike the others, no benefit from neoliberal globalisation

Group C - The richest, global plutocrats

23
Q

What is import shock?

A

The belief that jobs are at a loss due to imports, a higher driver for Brexit than racism, associated with negative attitudes towards immigration rather than immigrants themselves

24
Q

Outline Kuznet’s ideas on within-country inequality

A

Economic development can both increase and decrease inequality
There will be a proliferation of jobs/wages should there be no intervention in inequality
Wage variation is difficult to suppress

25
Q

Outline Kuznet’s ideas on between-country inequality

A

Industrialisation and globalisation moved some causes of inequality from within to between countries
Citizenship premiums and penalties based on geographic location (Branko Milanovic calculated these)

26
Q

Outline Breen’s key points on social mobility in Northern Ireland

A

Stormont discriminated against Catholics in housing, electorate and labour
Classes converged over time
Neighbourhoods have a strong impact on social mobility opportunities
Catholics fluidly filled new positions while Protestants stayed the same, levelling inequality

27
Q

Outline Whelan’s analysis of the 1999 Living In Ireland survey

A

Social change relies on mobility
Relative mobility depends on social origins
Downward mobility is more buffered than upward

28
Q

Contrast the micro and macro dimensions of social mobility

A

Micro = inter and intragenerational (child in relation to the parent, personal position over time)

Macro = cross-national, cross time, cross social groups

29
Q

Why does Van Degaer propose we care about social mobility patterns?

A

We can see and describe the movements of society, whether they are rigid or fluid

Equality of opportunity

Equality of life chances

30
Q

Why are there issues with analysing social mobility?

A

It is hard to operationalise - do we analyse class, social status, occupation?

31
Q

What is the difference between structural and fluid mobility?

A

Structural - everyone wins, overall upward shifts for whole populations

Fluid - winners and losers within the existing structures

Fragmented - a mix of both, generally structural for the lower class and fluid for the upper

32
Q

Outline the key points of mass education expansion

A

Nation-states have standardised mass education systems
These systems are independent of localities and their social conditions
The modern polity of nation-states stress the need for mass enrollment
Article highly critiques theories of social reproduction through education

33
Q

What is functionalism in terms of mass education?

A
Education diminishes social hierarchies through class integration while simultaneously upholding elite dominance
Linked to Westernisation
34
Q

Outline Blau and Duncan’s path analyses of social mobility

A

Ascribed vs achieved = inherited vs education
Correlation matrix between direct and indirect influences of inequality
Blau and Duncan believe family education is indirect so one’s socioeconomic position is achieved independently