By Dani Rodrik and Charles F. Sabel
CAMBRIDGE — In developed and developing countries alike, a combination of technological and economic forces has created a segment of advanced production, concentrated in metropolitan areas, that now coexists with a mass of relatively less productive activities and communities. This productive dualism lies behind many contemporary ills: rising inequality and exclusion, loss of trust in governing elites and growing electoral support for authoritarian populists. But much of the policy discussion today focuses on solutions that miss the true source of the problem.
For example, redistribution through taxes and fiscal transfers accepts the productive […]
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