Paul Collier, Economist, Oxford University

Speech at the Herrenhausen Conference "Re-Thinking Social Inequality", 14.05.2014.

In his talk for the Volkswagen Foundation, Collier gives one central and provocative argument for why the extremly poor stay poor: "Democracy", he says, "fails to counter the forces of inequality".

According to Collier, democracy is by nature a divisive power and does not produce the identities, narratives and norms that are necessary to create more equality.

Photo: Mathias Schumacher

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