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Free Markets & Inequality: An Inescapable Marriage?
October 19, 2020 @ 6:30 pm - 8:00 pm
Inequality between countries has become smaller over time, but within-country inequality is on the rise. Many fear that societal uprisings and further polarisation will be the result. Increased inequality is also allegedly related to the rise of populist movements. How will increasing inequality affect our societies? What role have free markets and technological innovation played? Can, and should we turn the tide? And who is the ‘we’ in that? With philosopher Elisabeth Anderson and economist François Bourguignon.
The episode started with a column by Jim Surie of the Sustainable Finance Lab, and was moderated by Natasja van den Berg and David Overbeek.
About Our Speakers
Elizabeth Anderson is Professor in ethics, social and political philosophy, feminist theory, social epistemology, and the philosophy of economics and the social sciences. She is the author of Value in Ethics and Economics, The Imperative of Integration, and, most recently, Private Government: How Employers Rule Our Lives (And Why We Don’t Talk About It). Professor Anderson is currently working on a history of egalitarianism from the Levellers to the present. She is a Fellow of the American Academy of Arts and Sciences, and designed and was the first Director of the Program in Philosophy, Politics, and Economics at UM.
Francois Bourguignon is the former Chief Economist (2003–2007) of the World Bank. He has been the Director of the Paris School of Economics, and from 1985 to his retirement in 2013 a professor of economics at the École des Hautes Études en Sciences Sociales in Paris. In 2016 Bourguignon was awarded the Dan David Prize. His research deals mainly with income redistribution in the developing and developed countries. His publications include The Globalization of Inequality (2015). Bourguignon also sat on the Scientific Committee of the United Nations University World Institute for Development Economics Research, the Council of Economic Advisors of the French Prime Minister and the Executive Committee of the European Development Network.
The Many Dimensions of (In)Equality
Summary of & reflection on this episode by Ilse Oosterlaken