INEQUALITY MITIGATION: TAIWAN'S APPROACH TO WEALTH REDISTRIBUTION IN CONTRAST

Authors

  • Chao-Yang Lin Wang Department of Economics, Chinese Culture University
  • Dr. Hsin-Yi Chen Liu Department of Economics, Chinese Culture University

Keywords:

Blue-collar workers, Right-wing parties, Income redistribution, Democracy, Inequality, Economic insecurity, Cultural values, Welfare state

Abstract

This paper examines the puzzle of why blue-collar workers in many democracies tend to support right-wing parties despite these parties wanting to limit income redistribution. The paper reviews the literature on the heterogeneous effects of democracy on tax and inequality, and argues that the preferences of blue-collar workers are shaped by a number of factors, including their economic insecurity, their cultural values, and their perceptions of the welfare state. The paper concludes by discussing the implications of these findings for the future of democracy and inequality.

Published

2023-12-01

Issue

Section

Articles