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(1 citation statement)
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“…While the rise of wealthbased inequalities has prompted comparisons to the pre-welfare state era, including to the gilded age, such analogies inevitably gloss over the distinctive circumstances, institutional arrangements and policy settings associated with them. They gloss over the double dynamic of asset price infl ation and wage stagnation that has fuelled the rise of wealth-based inequalities and emerged as one of the distinctive features of Anglo-capitalist economies from the 1980s onwards (Adkins et al 2020;Konings et al 2021).…”
Section: Commentsmentioning
confidence: 99%
“…While the rise of wealthbased inequalities has prompted comparisons to the pre-welfare state era, including to the gilded age, such analogies inevitably gloss over the distinctive circumstances, institutional arrangements and policy settings associated with them. They gloss over the double dynamic of asset price infl ation and wage stagnation that has fuelled the rise of wealth-based inequalities and emerged as one of the distinctive features of Anglo-capitalist economies from the 1980s onwards (Adkins et al 2020;Konings et al 2021).…”
Section: Commentsmentioning
confidence: 99%