The Rise of Inequality and the Fall of Social Mobility

Economic Policies for a Fairer Society

Francesco Farina (Autor)

Buch | Hardcover

XXI, 459 Seiten

2025
Springer International Publishing (Verlag)
978-3-031-92842-0 (ISBN)

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This book examines the disappearance of upward mobility and the rise of inequality within Western societies. It explores intergenerational social mobility and charts its evolution over recent decades. Particular attention is given to the economic changes that have impacted social mobility trends since the introduction of neoliberal doctrine by the Reagan and Thatcher governments. The promises of meritocracy and increased opportunity through education are shown to be false during a time when trickle-down economics - namely, deregulation and austerity in public policies - is driving a rise in inequality, with the benefits of economic growth being collected by the wealthy elite. By highlighting the negative impacts of these economic trends, including the increase in poorly paid and insecure jobs, a new set of public policies are presented that better utilise the skills present within the labour market to create economic equity.
This book challenges the neoliberal consensus and sets out economic reforms for a fair society. It will be relevant to students and researchers interested in the political economy, economic systems, and labor economics.
The English translation of this book, originally in Italian, was done with the help of artificial intelligence. The content was later revised by the author for accuracy.

Francesco Farina is Professor of Economics at Sapienza University of Rome.

1. Social mobility in political science, economics, and sociology.- 2. Meritocracy.- 3. Social mobility.- 4. The social dynamics: an interpretative scheme.- 5. A phenomenon pending between the individual and society.- 6. Inequality of opportunity and inter-generational mobility.- 7. The dynamics of the social structure and the Welfare State.- 8. Social mobility at the global level.- 9. Technical progress: labour and wage mobility.- 10. Mobility in education: economic incentive or household's resources?.- 11. Unequal opportunities in education and the emersion of talents.- 12. Conclusions.

Erscheinungsdatum	15.08.2025
Zusatzinfo	XXI, 459 p. 25 illus.
Verlagsort	Cham
Sprache	englisch
Maße	148 x 210 mm
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Economic Inequality • Intergenerational Mobility • labour exploitation • Liberal economic thought • Meritocracy • neoliberal economics • Social economic dynamics • Social mobility • unequal opportunities • Wage mobility
ISBN-10	3-031-92842-3 / 3031928423
ISBN-13	978-3-031-92842-0 / 9783031928420
Zustand	Neuware