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International Journal of Economics & Management Sciences

Compulsory Income Redistribution And Social Conflict

James Rolph Edwards
Professor of Economics, Montana State University-Northern Havre, Montana 59501
Abstract :

The social-order argument for compulsory income redistribution claims that redistribution is necessary in order to mitigate social conflict generated by excessive income disparity. This argument may have some validity in underdeveloped nations, but its accuracy is dubious for modern, market-based democracies with a rule of law. Indeed, strong reasoning and evidence is developed in this paper to show that, by the most appropriate measure, income redistribution in late 20th century America generated more, not less, social conflict and disorder

Keywords :
Income redistribution, social conflict, market processes.

Date Deposited : 24 May 2016 20:10

Last Modified : 24 May 2016 20:10

Official URL: http://www.sciencepub.net/nature/

Volume 1, Number 8, August 2012 , ISSN 2162-6359

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