Pro-equality turn in China and the United States? — Branko Milanovic

Elites worried about populism and the reaction to neoliberalism?

While the United States and China are at loggerheads on many issues from trade to intellectual property rights to South China Sea islands, and the talk is rife of a new Cold War, internally both countries are trying to adopt policies to reduce income inequality. The similarity in objectives, and in some cases, even in policies is the product of similarities in the evolution of inequality over the past decades, and of increased social consensus that something has to be done to curb it.

Global Inequality
Pro-equality turn in China and the United States?
Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Stone Center on Socio-economic Inequality, senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace