Thomas Piketty on Why the World Keeps Getting More Equal
The Good Fight
Yascha Mounk
4.7 • 963 Ratings
🗓️ 14 May 2022
⏱️ 71 minutes
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| 0:00.0 | The reduction of inequality and in particular the increase in the share of total wealth going to the middle class came in the 20th century through a number of public policies, |
| 0:12.0 | broadly speaking, you know, the rise of social security, free education, |
| 0:17.0 | progressive taxation. |
| 0:18.0 | And so the key question is based on this historical lessons, how can we keep making progress in the future and in particular |
| 0:26.4 | how can we improve the share of total wealth owned by the bottom 50% which is still very very small today. |
| 0:35.0 | And now the good fight with Yasha Monk. |
| 0:38.0 | Today I want to share some of the core findings of Chapter 3 of The Great Experiment with you. |
| 0:49.0 | It starts with a kind of puzzle. In India, we have often had deep forms of what Indians call |
| 0:57.5 | inter-communal violence, of terrible riots |
| 1:00.4 | that have caused the lives of many Muslims and Hindus over the course of the past decades. |
| 1:09.0 | But the great political scientist Asht Georgeharshvashny poses a kind of puzzle. |
| 1:16.0 | Why is it that the city of Allegra experienced a lot of these riots, a lot of these tragic clashes between Hindus and Muslims. |
| 1:25.0 | But the city of Cosicode, it's actually very similar. |
| 1:29.0 | That's similar size and affluence and similar demographic composition with about two-thirds of Hindus |
| 1:35.6 | and one-third of Muslims has not experienced those kinds of violent clashes. |
| 1:41.9 | What can explain this? Well, I think this question can be answered by looking at two really helpful findings in the psychology and the political science literature. |
| 1:55.0 | The first is about intergroup contact. |
| 2:00.0 | It's the fact that when people spend more time with groups against which they used to have some amount of prejudice, |
| 2:07.0 | they can, under the right circumstances, come to have much more mutual tolerance. |
| 2:14.0 | In Boston in the early 1950s, for example, |
| 2:18.0 | whites that lived door-to-door with African Americans |
| 2:22.0 | ended up having more positive views of them than |
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