Normative Aspects of Compositional Equality

New session of the "Paris IAS Ideas" online talk series, with the participation of Marco Ranaldi, Assistant Professor in Economics at University College London SSEES and Director of the UCL Centre for New Economic Transitions (CNET) / Paris IAS Fellow.

The "Paris IAS Ideas" online talk series features short and stimulating presentations from fellows of the Paris Institute for Advanced Study, marking the beginning of 1-month writing residencies.

Online only.
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Presentation

This project combines theory and empirics to study the normative aspects of compositional equality - all individuals have the same shares of capital and labor in their total income. It argues that compositional equality is desirable for at least two reasons: it promotes fairness and supports an inclusive, profit-driven regime of accumulation and growth. This is particularly relevant in a context of AI-driven, technology-augmenting capital accumulation. Several policy considerations follow from this analysis.