======Why the rich always stay rich (no matter what, no matter the cost)======
This report examines why the rich remain wealthy, focusing on the interplay between economic fundamentals, history, politics, and institutions in income distribution. It contrasts neoclassical and Ricardian perspectives on inequality, emphasizing the elite's strategic flexibility and ideological dominance in maintaining their economic position within a democracy.  \\ 
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^  Quick Facts  ^^
|Report location:  |[[https://repositorio.cepal.org/server/api/core/bitstreams/f5af8bf4-18a6-4bca-8000-e95b09ef04bb/content|source]]   |
|Language:  |English  |
|Publisher:  |<WRAP> 
  * [[encyclopedia:economic_commission_for_latin_america|Economic Commission for Latin America]]  
</WRAP>   |
|Authors:  |José Gabriel Palma, José Gabriel  |
|Page count:  |páginas. 93-13  |

=====Methods=====
The research method involves a historical and analytical examination of income distribution, focusing on Chile as a case study. It employs a comparative analysis of neoclassical and Ricardian theories of inequality, scrutinizing the elite's strategic responses to political and economic shifts over time.  \\ 
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=====Key Insights=====
The research explores the distribution of income as a result of conflicts among various societal actors, where non-economic factors are as crucial as economic ones. It critiques the neoclassical view of inequality as a mechanical outcome of fundamentals, proposing instead that inequality is a choice within a scenario of multiple equilibria. The study traces Chile's experience, where the elite's strategic shifts in response to political and economic changes have consistently favored their interests, often at the expense of productivity and investment.  \\ 
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=====Additional Viewpoints=====
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<span #categories_box> Categories:  {{tag>English_publication_language}} |  {{tag>chilean_oligarchy}} |  {{tag>ideology}} |  {{tag>income_distribution}} |  {{tag>inequality}} |  {{tag>institutional_persistence}} |  {{tag>neoliberalism}} |  {{tag>palma_ratio}} |  {{tag>productivity_growth}} |  {{tag>rent-seeking}} |  {{tag>social_unrest}}   </span>  


~~DISCUSSION~~