Next came the great decline in inequality that many have associated with progressive modernization. For the many countries involved, the First World War destroyed assets (particularly in Germany, France and Russia), and brought large taxes on the rich to finance the conflict. These changes, along with the emergence of socialist movements and trade unions, the massive scale up of public education (fuelled in part by an increased need for skilled and educated labourers) and the greater participation of women in the workforce, ushered a period of more than half a century of growing equality in all developed countries. For the West, the period from the end of the First World War to the early 1980s saw a ’great levelling’.
Une bonne #guerre, voilà qui remet les compteurs des #inégalités à 0