Tag Archives: inequality

Did inequality cause the First World War? Contra Hobson-Lenin-Milanovic

The “Hobson-Lenin Thesis”: inequality, ‘underconsumption’, capital exports, imperialism, and the Great War In a small section in his new book, Branko Milanovic argues that the First World War was ultimately caused by income & wealth inequality within the belligerent countries, resurrecting ideas from … Continue reading

Posted in Branko Milanovic, Foreign Investment, Inequality, the First Globalization, The First World War | Tagged , , , , , , , , , , , , , , | 20 Comments

Chile’s First Globalisation: Inequality, Frontier Expansion, and Immigration

This is a translation-reblog of the post by historian Javier Rodríguez Weber, “Globalisation and Inequality, for a ‘sophisticated’ version of the neoclassical intepretation” (original: “Globalización y Desigualdad. Por una versión ‘sofisticada’ de la interpretación neoclásica”). It shows how Chile’s income … Continue reading

Posted in Chile, Economic History, Inequality | Tagged , , | 3 Comments