Martin [Wolf?] writes: >Economic growth is, almost inevitably, uneven. Some countries, regions and people do better than others. The result is growing inequality. To regret that is to regret the growth itself. <
according to Kuznets, after awhile growth is supposed to help _fight_ inequality (as trickle-down finally kicks in). Is Martin denying this? This denial sure does fit the story of the US since 1980 or so, where we Amurricans have seen "the far side of the Kuznets curve" (to paraphrase Doug Henwood) with increasing inequality despite sustained GDP growth. I guess Wolf's message is that he really doesn't care about inequality. Is it possible that growth, properly defined as something distinct from an increase in market-oriented measures such as GDP, might occur without increasing inequality, but that marketization is almost always associated with increasing inequality? Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
