For tiny chance to prosper, we tolerate inequality

For tiny chance to prosper, we tolerate inequality

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Even the smallest hint of an opportunity to prosper can make unfairness acceptable to people at a disadvantage, researchers say.

A “slight increase in fairness seems to have some kind of symbolic meaning,” says University of Warwick economist Eugenio Proto.

“It appears people are happy to accept extreme inequality when they have this tiny carrot dangled in front of them.”

Full story at Futurity.

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