Who are we?
Welcome to the forum on Business and Economic Inequality!
This site is part of a project to investigate and discuss the relationship between Business and Economic Inequality in society. It is intended to serve as an information and connection point for those interested in this topic.
Increasing economic inequality in society is one of the most critical public issues today. In the aftermath of the global financial crisis (since 2008), there is renewed interest in the role of business in economic inequality. The most vivid examples of this are the "Occupy" protests with the theme of "1% vs. 99%." We believe this issue requires engagement by various constituents of society, including business leaders and business researchers.
Research has shown that countries with same level of development could have different levels of inequality and vice versa. As inequality increases in society, human development declines resulting in lower skills, unfavourable attitudes and anti-social behaviours. As a result, societies spend more and more resources to maintain law and order than to produce useful goods and services.
If greater inequality in a society has enormous implications for the health of a society, then surely it must affect businesses in some fashion. However, we know very little about how inequality affects business and vice versa. This site is an effort to bring together the insights generated by research and practice to understand how inequality and business might influence each other.