The Heyman Center Discipline Series

The Idea of Development: What Causes Global Inequality

February 24, 2014 · 6:15-7:45PM

Columbia University, Heyman Center for Humanities, 2nd Floor Common Room

  • Branko Milanovic, Visiting Presidential Scholar at The Graduate Center, City University of New York
  • Prabhat Patnaik, Professor Emeritus, Centre for Economic Studies and Planning, Jawaharlal Nehru University
  • Chaired by Akeel Bilgrami, Sidney Morgenbesser Professor of Philosophy and Member, Committee on Global Thought, Columbia University

Global inequality remains a deep and abiding issue for our times, even despite the emergence of countries of the south such as China, India, Brazil, etc. Indeed many have argued that form of emergence leaves inequalities as deep as ever even in those countries, creating only a larger metropolitan middle class. What are the sources of current forms of inequality in a world of globalized finance? How shall we resolve current disagreements between ‘equality of opportunity’ vs ‘equality of outcome’ in our understanding of the global economy? These questions, among others, were the subject of the seminar.