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Growth and Distribution at Global Level: The Roles of Market and Politics
The distributive problem is one of the most controversial and least settled in economic studies. It can be interpreted in a variety of ways from that of distribution as the sale of products and the more conflictual one of the sharing of the benefits of production. These interpretations have received a new and different impulse in the new global conditions of politics (the collapse of communism) and the economy (ICT, the new economy). The purpose of this article is to grasp the principal aspects of this new development. The conclusion is that the burden of finding the point of equilibrium between social and economic demands cannot be delegated to the market – it is the job of politics. In a global habitat, all this can only come into being through strong interState cooperation.