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Social inequality, technology and economic growth

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  • Chris Freeman

Abstract

It is a matter of common observation that inequalities have been increasing in almost every part of the world in the 1980s and 1990s, reversing the more egalitarian trends which prevailed in the early post-war period. This chapter seeks to show: 1) that some alternating phases of retrenchment and egalitarian trends have been characteristic of industrial capitalist societies throughout the 19th and 20th centuries and 2) that these long swings of social policy are related to the diffusion of major new technologies in the economic system. Finally, the chapter discusses very briefly a few of the main directions in which social policy should move if the present inegalitarian trends are to be reversed.

Suggested Citation

  • Chris Freeman, 2007. "Social inequality, technology and economic growth," Globelics Working Paper Series 2007-05, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    • Handle: RePEc:aal:glowps:2007-05
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    References listed on IDEAS

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    1. Paul Bairoch, 1981. "The Main Trends in National Economic Disparities since the Industrial Revolution," Palgrave Macmillan Books, in: Paul Bairoch & Maurice Lévy-Leboyer (ed.), Disparities in Economic Development since the Industrial Revolution, chapter 1, pages 3-17, Palgrave Macmillan.
    2. Brian J. L. Berry & Edward J. Harpham & Euel Elliott, 1995. "Long Swings In American Inequality: The Kuznets Conjecture Revisited," Papers in Regional Science, Wiley Blackwell, vol. 74(2), pages 153-174, April.
    3. Michael Hobday, 1995. "Innovation In East Asia," Books, Edward Elgar Publishing, number 226.
    4. World Bank, 1991. "World Development Report 1991," World Bank Publications - Books, The World Bank Group, number 5974, April.
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    Cited by:

    1. Helena Maria Martins Lastres, 2017. "Development, innovation, sustainability and policies: Chris Freeman's legacy," Globelics Working Paper Series 2017-02, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.

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