عنوان

A Cultural Evolution Model for Trend Changes in the American Secular Cycle

شماره

LA9x36913k

زبان متن نوشتاري يا گفتاري و مانند آن

انگلیسی

عنوان اصلي

A Cultural Evolution Model for Trend Changes in the American Secular Cycle

نام عام مواد

[Article]

نام نخستين پديدآور

Alexander, Michael Allen

متن يادداشت

Rising economic inequality in the United States has become a topic of political interest in recent years. Inequality appears to show cycles corresponding to secular cycles, suggesting the possibility of declining inequality in the future. The most recent episode of declining inequality in America is known as the Great Compression. It occurred in the middle of the 20^th century. This paper uses the guided variation cultural evolution model (Boyd and Richerson 1985:95-7) to explain shifting trends in inequality in five nations. According to this analysis, the Great Compression was largely due to a shift in the business environment reflecting tax and other economic policy implemented over the 1914-45 era. The cultural evolutionary response to this environmental change was to replace "shareholder primacy" cultural variants with "stakeholder capitalism" variants which resulted in lower inequality. Half a century later, new policy, implemented in response to the great inflation following the collapse of the Bretton Woods system, changed the business environment again in ways that favored shareholder primacy cultural variants and rising inequality. The extent to which this occurred depended on the degree to which stakeholder capitalism was integrated into institutions.

تاريخ نشر

2019

عنوان

Cliodynamics

شماره جلد

10/1

عنصر شناسه اي

Alexander, Michael Allen

نام الکترونيکي

نوع ماده

[Article]

کد کاربرگه

275578

سطح دسترسي

a

تكميل شده

Y