Tackling Inequality in the 21st Century
Tackling Inequality in the 21st Century
Inequality in the 21st century is not only about alleviating poverty among the low- income classes but also about preventing the middle-income classes from sinking into near-poverty. It is about investing in people to make them more productive and in possession of both hard and soft skills, and attracting overseas talent. It is about lowering regulatory restrictions to increase the supply of land, housing, and buildings to prevent the worsening of division in society. It is about investing in medical and health care so that elderly people can live with dignity in old age. It is about providing income support for those without means, especially in old age. Rising economic inequality has begun to polarize politics. Most of it has manifested as a demand for democracy and frustration with “one country, two systems.” More people, especially the young, are losing hope; some are disaffected, and some are angry. At the center of this unhappiness is a complex interrelated set of issues that are simply different sources of rising economic inequality. There is a strong sense of injustice because the political system has failed to address the problem for a very long time.
Keywords: Gini-coefficient, Poverty, Middle-income classes, Immigrants, Divorce
Hong Kong Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .
